Latest Financial News from 
'Money Management'

 
Boyce Financial Services Pty Ltd as Trustee for
Boyce Financial Services Unit Trust (AFSL 522265).

                                                                                                                                                                                                                  

 
 

RSS

JULY 2021: Finance Update

19 August 2021

Things look positive, but the biggest risk is complacency  

The recent increased number of COVID-19 cases in Australia and in some parts of the globe, highlights how quickly things can change and why it is critical that portfolios are diversified and have some protection. 

Markets have continued to be buoyed by strong performance and despite continuing concerns regarding inflation, the markets had some relief as bond yields pulled back over the quarter. Key Central banks have taken the view that much of the rise in CPIs is due to supply/demand imbalances caused by Covid, and that these imbalances will diminish and alleviate some of the current inflationary pressures. While we expect inflation to rise over the next six months, we believe that it will subside. 

Policy settings also remains conducive to equity markets, with interest rates remaining low. In addition to supportive monetary policy, fiscal support also remains a continuing theme. Economic indicators such as employment figures, PMIs and consumer confidence all suggest that the economic recovery is well on track, with some indicators exceeding pre Covid levels. 

Read more >

JUNE 2021: Finance Update

21 July 2021

What a year that was!

The recovery after the initial COVID sell off in March and April 2020 has been quite remarkable. The 2021 Financial Year saw some amazing 1 year returns for growth assets in particular - as can be seen in the table below.

 

Read more >

Superannuation Changes from 1 July 2021

24 June 2021

Changes to superannuation will be taking effect on 1 July 2021.
We have outlined the key changes and information for you.

Read more >

MAY 2021: Finance Update

21 June 2021

The month that was – May 2021

The usual approach of many in the past has been “sell in May and go away” – referring to the sell off that is often seen in the run up to the end of the financial year in Australia. This year was quite different with global shares showing a 1.3% positive return and the Australian market up a very healthy 2.3% gain in May.

So what is driving the markets?

Read more >

Halving of Minimum Pension Draw Down Rates

7 June 2021

An Extension of the Temporary Reduction in Superannuation Minimum Drawdown Rates

In an effort to assist retirees during the coronavirus pandemic, the Government introduced a temporary 50% reduction in superannuation minimum drawdown rates. This reduction was set to end this financial year but has been extended to 30 June 2022 to include the 2021-22 financial year.

Minimum annual payment requirements, calculated on 1 July each year, will be affected by the extension.

Read more >

Pages: 1 2 3 ... Next > Last >>