Some big companies have left the ASX recently. How do ETFs adapt to index changes? Share markets are ever changing. Companies come, and companies go. But what happens to share market indexes, and the exchange traded funds (ETFs) that use them as performance benchmarks, when a company is removed because of a merger or acquisition? …
With money becoming tighter as inflation rises, many people are looking to make some extra income from a ‘side hustle’. As we move towards a cashless society and transact more online, it’s becoming easier for the ATO to follow the money trail. Whether you rent your caravan on Camplify, or even if you simply sell …
Here’s a guide to how CGT works and some ways to minimise your tax burden Capital gains tax is charged on the profit you make from the sale of assets. CGT can apply to assets you’ve purchased or inherited – shares, investments, land, property (special rules apply to your primary residence), and even collectibles and …
AMP Deputy Chief Economist Diana Mousina takes a look at economic trends and what they mean for investors It’s been a difficult year for the global economy. As you can see in the heatmap below, GDP growth weakened in 2023, particularly in Europe and emerging markets. Green and red lights for global growth Source: Macrobond, …
If breaking New Year’s resolutions is as much a tradition as the act of making them, you’re not alone – nearly 45% of New Year’s resolutions don’t even make it past the first month.1 So why not try something different this year? The main reason resolutions fail is because they’re often formed without a strategy. …
With Australia’s aging population, aged care is becoming an issue for a growing number of families. For a wide range of reasons, including cost, human vulnerability, the incidence of dementia, and the possibility for family disputes, this can be a subject fraught with emotion. We want to be able to help ease that burden. While …
After a horror 2022, AMP Portfolio Manager Fixed Income, Chris Baker says bonds are coming back into favour as interest rates near their peak. Before we take a closer look at the current state of the bond market, it’s worth a recap on how bonds work. Most people are pretty familiar with the share market. …
For those looking to grow their wealth and increase their investments, there’s no better time to do so than now, as lenders and other entities continue to roll out widely available financial measures. There are many different strategies for investors to use to grow their bank accounts. One particular strategy is investing in a Self-Managed …
Your superannuation has two distinct phases: the accumulation phase and the drawdown phase. The accumulation phase refers to the duration of your working period, where you can contribute to your super fund or where your super balance is accumulating. The drawdown phase is referring to your retirement phase where you are able to access your …
Superannuation is among the most popular platforms for Australians to grow and save money for retirement. Most Australians get paid compulsory superannuation benefits (the Superannuation Guarantee) by their employer, however, many people choose to add more to grow their balance as well. It’s definitely not the only platform you can use to save and grow …