Advice at claim time By Christopher Page If the recent scandal at CommInsure has taught us anything, it's the value of having a financial adviser at claim time. That may not seem like the case at the moment given that advisers have become targets for some media commentators who are ... Read more
Warren Buffet’s Letter to Investors
Thursday, March 10th, 2016 Once again Warren Buffett has presented a compelling long term view of the growth potential of the US economy. In doing so he draws upon his long lifetime experience to explain that betting against the USA was and remains a foolish investment endeavour – “For 240 ... Read more
DIGITAL Aussie Dollar — Could be a Reality of the Near Future!
Tony Richards, the central bank's head of payments policy, said central banks, including the Bank of England, the Bank of Canada, and the Peoples Bank of China, are exploring digital versions of their national currency. They believe that digital dollars will one day circulate in parallel with old ... Read more
Vanguard’s Economic and Investment Outlook 2016
Vanguard's economic and investment outlook 2016 Every New Year throws up new questions. What’s the outlook for equity and bond returns? How will global growth play out? And how can you help investors navigate their way through the challenging and volatile investment environment to achieve their ... Read more
Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Sydney – 6 October 2015. Members Present: Glenn Stevens (Governor and Chair), Philip Lowe (Deputy Governor), John Akehurst, Roger Corbett AO, John Edwards, Kathryn Fagg, John Fraser (Secretary to the Treasury), Heather Ridout AO and Catherine Tanna Others Present: Guy Debelle (Assistant ... Read more
Recent Market Turmoil
The recent movements in stock markets around the Globe (since Friday night in the US) have given us much cause for concern. Stock markets have continued to trade down while bond prices have lifted following heightened fears of a growth slowdown in China. The correction started after China ... Read more
Next global recession may be ‘made in China’
As the global economy enters the seventh year of a sluggish recovery, it’s time to start asking when the world will face its next downturn — and what will drive it. by RUCHIR SHARMA The Wall Street Journal August 18, 2015 12:00AM As the global economy enters the seventh ... Read more
China poses a big question for global markets—Business Spectator
By Peter Cai The value of the Chinese yuan dropped for the second day after Beijing’s shock decision to introduce a new market-oriented daily reference rate setting regime. The move has sent shockwaves across global currency and equity markets, including Australia. The People’s Bank ... Read more
RBA Keeps Rates on Hold!
Media Release Date 4 August 2015 Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity ... Read more
Market Volatility — An Insight from one of China’s largest fund managers
Dear Esteemed Clients, You might recall that I had written in our Elixir Private Wealth newsletter (for clients only) about an Ultra High Net-worth Family Office Conference I was invited to in Macau about 2 years ago. We were the only Australian Financial Planning Firm to be invited (I suspect on ... Read more