Welcome to our latest Wealth Management Update.
This edition covers the following topics:
Reporting season update
This reporting season update looks at both the Australian Share Portfolio and the International Share portfolio for this quarter, with key points on each business, plus detailed comments written by the Pitcher Partners Wealth Management team.
International shares and interest rate sensitivity
Macroeconomic factors have defined this quarter over and above business fundamentals, sparking a discussion that highlights the interest rate sensitivity in different kinds of businesses. This article explains both why this is happening and how it correlates to economic growth.
Stagflation
Stagflation occurs when an economy is contracting, while inflation and unemployment are rising. Currently, energy and oil prices have increased and there has been a broader reversal in globalisation, which adds to inflationary pressure and reduces the growth prospects of emerging economies. This article centres on a discussion regarding what we are seeing now and if inflationary pressures will be sustained.
Recent superannuation changes – more flexibility for older Australians and first home buyers
A number of welcomed amendments to the superannuation provisions will be coming into effect, aimed at providing older Australians and first home buyers with greater flexibility to contribute to super and access to the equity in their home. Read on to find out more about the changes and how you can benefit from them.
Superannuation: Removal of the work test and planning opportunities
The repeal of the work test for those aged 67 to 75 is a fantastic change to superannuation; the ever-evolving asset base for most households. This article explains these changes and provides an overview on the strategies and impact of this amendment.
Liability limited by a scheme approved under Professional Standards Legislation. Any advice included in this newsletter has been prepared without taking into account your objectives, financial situations or needs. Before acting on the advice you should consider whether it’s appropriate to you, in light of your objectives, financial situation or needs. You should also obtain a copy of and consider the Product Disclosure Statement for any financial product mentioned before making any decisions. Past performance is not a reliable indicator of future performance. Advisors at Pitcher Partner Sydney Wealth Management are authorised representatives of Pitcher Partners Sydney Wealth management Pty Ltd, ABN 85 135 817 766, AFSL number 336950.
