SRS Advice | Strategic Retirement Solutions

Economic Update

Posted at 17 Nov 2020 in Economic Updates by Strategic Retirement Solutions

Australia: The Reserve Bank of Australia cut the official cash rate to a new historic low of 0.1%. The Treasurer released Australia’s latest Federal Budget. This was essentially a ‘no-surprises’ package of measures designed for Covid-19 challenged times. Given the scope of the challenge, the budget deficit...

A Joe Biden Presidency: Implications for Investors and Australia

Posted at 11 Nov 2020 in General Interest by Strategic Retirement Solutions

Key points The US election has been close and final counting as well as legal challenges could still upset the result, but the now highly likely outcome is a Biden Presidency. While there is a possibility that the Democrats could win control of the Senate...

Federal Budget 2020 – What it means for you

Posted at 09 Oct 2020 in Federal Budget Updates, General Interest by Strategic Retirement Solutions

Overview The COVID-19 pandemic has had a profound impact on Australia’s health system, community and economy. The Government has provided $257 billion in support to cushion the economic impact of COVID-19. In doing so, the Treasurer had the unenviable task of revealing the Budget deficit will...

Biden versus Trump – the US presidential election is looming as the next big event for investors

Posted at 03 Oct 2020 in General Interest by Strategic Retirement Solutions

Key points The US election has significant potential to add to volatility in investment markets. A Trump victory will mean more of the same and would likely initially be more positive for US than global and Australian shares. By contrast a Biden victory may add...

Seven reasons why the trend in shares will likely remain up, albeit with bumps along the way

Posted at 01 Sep 2020 in General Interest by Strategic Retirement Solutions

Key points Shares have had a strong run up from their March lows with US shares now at a record high. While shares are vulnerable through the seasonally weak months ahead in the run up to the US election, the positives – including good...

Economic Update

Posted at 19 Aug 2020 in Economic Updates by Strategic Retirement Solutions

Introduction Covid-19 developments continued to dominate attention. There were spikes in the number of new infections in both Australia and overseas, suggesting an economic recovery may be delayed. Share markets powered ahead, however, as investors remained convinced that governments and central banks will provide sufficient financial assistance...

A guide to active and passive investing

Posted at 19 Aug 2020 in General Interest by Strategic Retirement Solutions

Investment funds can be broadly split into two categories – active and passive. And while both options play a part in an investment portfolio, it’s important to understand how each works before allocating money to them. Basics of passive investing Passive investing has gained momentum in Australia,...

Managing your financial health during the COVID-19 pandemic

Posted at 19 Aug 2020 in General Interest by Strategic Retirement Solutions

The COVID-19 pandemic has certainly disrupted our daily lives, forcing us to close entire industries and change our behaviour overnight. With the lockdown directly affecting jobs and the economy, many people’s thoughts quickly turned to their finances. Whether or not your income has been affected, now...

Am I eligible for the HomeBuilder grant?

Posted at 19 Aug 2020 in General Interest by Strategic Retirement Solutions

Available for a limited time, the HomeBuilder grant offers eligible owner-occupiers, including first-home buyers, a potential tax-free $25,000 boost to help fund the cost of building a new home or substantially renovating an existing home. Although not specifically targeted at first-home buyers, the Government expects the...

How has COVID-19 changed Australian consumer spending habits?

Posted at 19 Aug 2020 in General Interest by Strategic Retirement Solutions

Australian spending habits have changed markedly in the last few months. Consumers continue to worry about the strength of the economy, the duration of the pandemic and overall public wellbeing. But while Australian consumer spending remains slow, we’re seeing signs of recovery across most categories...