Market Summary

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8 02, 2019

Weekly Market Update (Issue 534) – 8th February 2019

By | 2019-02-15T16:33:22+00:00 February 8th, 2019|Australian News, Market Summary, Weekly market update|0 Comments

In a sign of the times in which we live, markets globally have swung from extreme greed in late September 2018, to extreme fear in December, and now back to knocking on the door of extreme greed again as recently as this week (CNN Fear & Greed index). The ASX200 is up +8% year-to-date, and [...]

1 02, 2019

Weekly Market Update (Issue 533) – 1st February 2019

By | 2019-02-01T16:56:11+00:00 February 1st, 2019|Australian News, Market Summary, Weekly market update|0 Comments

As expected, it was a big week for investors, and in large part, a good one for PRIME’s recommended portfolio’s. U.S Federal Reserve ‘blinks’ - positive The biggest news of the week was the concession made by the U.S Federal Reserve that they would countenance an earlier end to the current balance sheet unwind, leaving [...]

25 01, 2019

Ways around the Franking Credit Issue if Labors Proposal Prevails

By | 2019-01-30T16:38:30+00:00 January 25th, 2019|Australian News, Market Summary, Weekly market update|0 Comments

Karen Dezdjek Director - Wealth and Superannuation SMSF It’s safe to say that many trustees whose funds are in full pension mode are very concerned about the possibility of losing their franking credit refunds should labor win the next election.  There is a lot of noise in the media indicating that SMSF’s are going to [...]

25 01, 2019

Proposed Centrelink Means Testing Rules for Lifetime Annuities

By | 2019-01-29T11:39:09+00:00 January 25th, 2019|Australian News, Market Summary, Weekly market update|0 Comments

22 January 2019 Michelle Bromley CFP® Director, Private Client Adviser   The Government’s 2016-17 Budget included proposed changes to how retirement income products, including lifetime annuities, are to be means tested from 1 July 2019. The proposed changes are linked to the introduction of Comprehensive Income Products for Retirement and are intended to encourage people [...]

25 01, 2019

Weekly Market Update (Issue 532) – 25th January 2019

By | 2019-02-01T15:15:17+00:00 January 25th, 2019|Australian News, Market Summary, Weekly market update|0 Comments

Australian shares seem set to close out the week on a high, rallying almost 1% on Friday as we head into the long weekend. I suspect if you asked anyone connected to the market today they would shrug their shoulders as to the reason why, but encouragingly the ASX200 has now recouped almost 60% of [...]