FinSec Post

Number of SMSF members tops one million

It’s official. The numbers of SMSF members has now topped one million, according to the Australian Taxation Office’s March 2014 SMSF statistical report. The report shows the number of SMSF members at 1,006,975 – a net gain of 11,384 compared with the 31 December 2013 figure of 995,591. Over the past four years the number of members has increased 26.6% from 795,563 at 31 March 2010. Over the same three-month period to 31 March 2014, the net establishment of SMSFs was [...]

2014-06-12T03:21:46+09:30June 5th, 2014|FinSec Post, SMSF|

Weekly Market Update – 30th May 2014

Investment markets and key developments over the past week Global share markets rose over the past week helped by relief at the conclusion of the European and Ukrainian elections, mostly good economic data and more signs that easing is on the way in Europe. US shares gained 1.2%, Eurozone shares were up 1.5%, Japanese shares rose 1.2% and Chinese shares rose 0.2%. Signs that non-mining and housing investment are starting to offset the slump in mining investment also helped support the [...]

2014-06-10T00:10:43+09:30June 4th, 2014|FinSec Post, Market Update|

Weekly Market Update – 23rd May 2014

Investment markets and key developments over the past week Share markets rose over the last week, with US shares up 1.2% to a record closing high, Eurozone shares up 1.2%, Japanese shares gaining 2.6%, Chinese shares up 0.4% and Australian shares up 0.3%. However, the lack of decisive momentum seen all year remains a feature, with global and Australian shares up only 2% to 3% year-to-date. After the strong gains last year, shares have been undergoing a bit of a stealth [...]

2014-05-28T02:28:15+09:30May 28th, 2014|FinSec Post, Market Update|

Weekly Market Update – 16th May 2014

Investment markets and key developments over the past week The past week saw more messy and volatile trading in share markets with some mixed economic data and corporate news in the US and intensifying concerns about Ukraine weighing on US and European shares. US shares were flat, Eurozone and Japanese shares fell 0.7% but Chinese shares gained 0.8%. While the measures announced in the Australian Federal Budget were slightly milder than expected, the Budget provided some relief for the Australian share [...]

2014-05-21T06:56:59+09:30May 21st, 2014|FinSec Post, Market Update|

Weekly Market Update – 12th May 2014

Investment markets and key developments over the past week The past week saw more messy and volatile trading in share markets, with dovish comments by US and European central bankers and mostly good profit news providing support, but also worries about technology stocks and uncertainty about Ukraine continuing to drag. US and European shares fell 0.1%, Japanese shares fell 1.8% and Chinese shares fell 0.8%. Australian shares were little changed with fears regarding the 2014 Federal Budget continuing to drag on [...]

2014-05-14T00:18:04+09:30May 12th, 2014|FinSec Post, Market Update|

Weekly Market Update – 25th April 2014

Investment markets and key developments over the past week The past week saw Australian shares gain +1.4% helped by news of low inflation, but US and Eurozone shares fell on Friday on the back of renewed worries about tech stocks leaving them both down -0.1% for the week. Chinese shares fell -2.9% on concerns about new share offerings and Japanese shares fell -0.6%. Increasing tensions in Ukraine are also weighing on investor confidence. Bond yields mostly fell with 10 year yields [...]

2014-04-30T05:34:07+09:30April 30th, 2014|FinSec Post, Market Update|

Weekly Market Update – 18th April 2014

Investment markets and key developments over the past week The past week saw major global share markets rebound on the back of good economic data, favourable earnings reports in the US and steps towards a de-escalation of the Ukraine crisis. US shares rose +2.7%, Eurozone shares gained +1% and the Australian share market rose +0.5%. Bond yields rose in the US. However, they were mixed in Europe and fell slightly in Australia. Commodity prices were also mixed. The Australian dollar fell and [...]

2014-04-23T23:16:33+09:30April 23rd, 2014|FinSec Post, Market Update|

The Demographic Necessity of Change

It would seem our own Andrew Creaser and Joe Hockey may be preaching from the same page - that is, the demographic necessity of change to ensure a sustainable Australia. Andrew, along with many others has long questioned the quality of life Australians can expect if we don't address the fact (based on current trends), that we are facing a longevity crisis. Treasurer Joe Hockey's recent comments regarding changes that must be made to a system "designed in the 20th century, [...]

Weekly Market Update – 11th April 2014

Investment markets and key developments over the past week The past week saw major global share markets fall with US shares down 2.7%, Eurozone shares down 3.5% and Japanese shares down 7.3% led by a further decline in technology stocks. Flight-to-safety demand, dovish signals from the US Federal Reserve (Fed) and ongoing risks regarding Ukraine saw bonds rally. Australian shares briefly made it to a new post global financial crisis high above 5500 though, helped by takeover activity and ended the week [...]

2014-10-13T03:27:10+10:30April 15th, 2014|FinSec Post, Market Update|

Weekly Market Update – 4th April 2014

Investment markets and key developments over the past week The past week has seen gains in share markets on the back of good economic data, dovish comments from central bankers and some lessening of risks regarding Ukraine. US shares rose +0.4% (despite a sell off on Friday as technology stocks corrected), Eurozone shares rose +1.9%, Japanese shares gained +2.5%, Chinese shares rose +0.8% and Australian shares rose +1.0%. As a result we have seen share markets continue to grind higher. Bond [...]

2014-10-13T03:27:22+10:30April 10th, 2014|FinSec Post, Market Update|
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