FinSec Post

Changes to Centrelink assessments mean less age pension!

  Concessionally assessed, deeming provisions... unless you are a trained financial expert, determining how the changes to Centrelink assessment rules will affect your individual circumstances can be confusing. The good news is, it doesn’t have to be and there are a number of ways to minimise the impact. This particular legislation however, does come with a deadline (January 1, 2015) so it is critical that you seek advice regarding your options sooner rather than later. The changes: The rules in regards to [...]

Weekly Market Update – 25th July 2014

Investment markets and key developments over the past week While US shares were flat, most share markets rose over the last week on generally good economic data, continued solid earnings results and an absence of additional bad news regarding either Ukraine or the Middle East. European shares rose 0.5%, Japanese shares gained 1.6%, Chinese shares rose 3.2% and Australian shares gained 0.9%. In fact Australian shares rose to their highest since June 2008. Bond yields were little changed as was the [...]

2014-07-29T07:09:10+09:30July 29th, 2014|FinSec Post, Market Update|

Finding lost super

Have you lost $3,000? That's the average balance of a lost or ATO-held super account in Australia. If you've changed jobs, done casual or part-time work, moved house or changed your name, then you could be one of the many Australians who have some lost or ATO-held super waiting to be found. What is lost super? Your super account will generally be considered 'lost' if: No contributions or rollovers have been added to your super account in the last year and [...]

Weekly Market Update – 18th July 2014

Investment markets and key developments over the past week Despite initially falling in response to worries about Ukraine and the Middle East shares actually had a good week helped by favourable US and Chinese economic data, good earnings reports and reduced concerns regarding European banks. US shares gained 0.5%, European shares rose 0.4%, Japanese shares rose 0.3%, Chinese shares gained 0.6% and the Australian share market rose 0.8%. However, the geopolitical tensions saw bonds rally and oil rise. While the euro [...]

2014-08-18T04:51:29+09:30July 22nd, 2014|FinSec Post, Market Update|

Weekly Market Update – 16th July 2014

Investment markets and key developments over the past week Share markets retreated over the last week on worries that problems at some European banks might spark a return of Europe’s debt crisis and nervousness about a possible correction in the US. US shares fell 0.9%, Eurozone shares fell 3.7%, Japanese shares lost 1.3%, Chinese shares fell 0.5% and Australian shares lost 0.7%. Share market nervousness saw bonds rally, except in peripheral Eurozone countries where Portuguese bank problems weighed. The oil price [...]

2014-07-16T04:28:55+09:30July 16th, 2014|FinSec Post, Market Update|

Weekly Market Update – 27th June 2014

Investment markets and key developments over the past week Despite mostly good economic data, global share markets fell over the last week amidst ongoing uncertainty regarding Iraq and Ukraine. US shares fell 0.1%, Eurozone shares declined 2.2% and the Japanese share market fell 1.7%. However, Chinese shares gained 0.5% and Australian shares also gained 0.5% helped by an improvement in the iron ore price. Bond yields fell with investors punting that US rate hikes are still a long way off. While [...]

2014-07-16T00:54:53+09:30July 2nd, 2014|FinSec Post, Market Update|

Weekly Market Update – 20th June 2014

Investment markets and key developments over the past week Global share markets generally rose over the last week as a dovish US Federal Reserve (Fed) and solid economic data offset continuing uncertainty regarding Iraq and Ukraine. US shares gained 1.4%, European shares gained 0.3%, Japanese shares rose 1.7% and Australian shares rose 0.3%. Chinese shares fell 2.1% though, partly dragged down by worries about new share initial public offerings. Bond yields were flat to down helped by indications that the Fed [...]

2014-06-24T00:13:47+09:30June 24th, 2014|FinSec Post, Market Update|

Weekly Market Update – 13th June 2014

Investment markets and key developments over the past week After four weeks of gains, the past week saw US shares fall 0.7% and European shares down 0.5% as a combination of worries from the World Bank’s global growth downgrades and concern about the impact of the conflict in Iraq triggered a bout of profit-taking. While Chinese shares gained 2% and Japanese shares rose 0.1%, Australian shares fell 1.1% - not helped by retail sector earnings downgrades and the iron ore price [...]

2014-06-19T06:25:33+09:30June 19th, 2014|FinSec Post, Market Update|

End of an era – David Wade Retires June 30th

  As David Wade, one of Adelaide's most respected advisers prepares to retire on June 30th we take this opportunity to celebrate his career, acknowledge his contribution and say thank you. A Partner for over 15 years (several of those as Managing Partner), David has witnessed huge changes to the financial services industry and has been paramount in establishing the value system FinSec live and breathe today. He has seen Partners come and go, experienced (and survived) several full market cycles and [...]

2014-06-22T23:30:22+09:30June 17th, 2014|FinSec Post, More than just Finance|

Weekly Market Update – 6th June 2014

Investment markets and key developments over the past week Global share markets mostly rose over the past week on the back of further monetary stimulus from the European Central Bank (ECB) and solid US employment data. US shares rose +1.3%, European shares gained +1.5% and Japanese shares were up +3%. The ECB’s move also provided a boost to the Australian share market but not enough to fully reverse earlier weakness driven by worries about the fall in the iron ore price [...]

2014-06-18T02:37:58+09:30June 11th, 2014|FinSec Post, Market Update|
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