Australia was burning in late January. China was announcing confirmed human to human contact of COVID-19, locking down Wuhan province and building temporary hospitals. While many in Australia were distracted by home affairs, some investment managers had their eye on China. Nucleus Wealth was one. A small active manager in Melbourne with an international focus. […]
“The markets haven’t been very good lately,” the investor said with some concern. “Should we be doing something?” Markets were off their highs. Trump was being Trump. August had been one of those months. Off nearly 5% in a week. Sideways for the next three. A slight upward burst at the end, but the media […]
Losing money is no joke. Witness all those forlorn investors who regularly appear on A Current Affair, 7:30 and 4 Corners, recounting how they were trying to secure their future before some financial disaster befell them. Whatever the cause (and we’ve discussed plenty of them) inevitably the discussion will turn away from their financial pitfall […]
Last week the Productivity Commission released a report into superannuation. No surprise, it didn’t paint the best picture. Suggesting the super industry was lacking competition and accountability, while many funds were still acting in their own best interests and not their members. It came with a few recommendations from the productivity commission to address the […]
Last night’s federal budget stood out on a tax perspective and there were a couple of other positives to be found. Importantly, we’ve just clocked two consecutive budgets without major superannuation meddling. And the super changes we did get were positive. Pensioners The Pension Loans Scheme will be opened to all Australians over 65, including full […]