There’s a well known maxim in the markets “sell the rumor, buy the fact” — a belief that market expectations can often be worse than reality. However, in the case of the Thursday 3 April 2025 US tariff announcement, the outcome was, unfortunately, more significant than anticipated, leading to increased volatility across global markets. Equities […]
This year’s pre-election Budget proposes cost of living relief through modest tax cuts, lower power bills, reduced co-payment for medicines and other measures The Budget has swung into deficit with more forecast to come The Labor Government’s finances still face significant structural challenges in addition to uncertainty from tariffs, elevated trade tensions, commodity prices, […]
We wish you a safe and happy break, and look forward to new beginnings in 2025. We have prepared an end of year wrap up video. Please click on the image below to view it. Business Hours Over the Holiday Season Closed: Friday 20th December 2024 Re-opening: Monday 6th January 2025 For any urgent matters […]
You may be wondering how the re-election of Donald Trump might impact your investment portfolios and long-term financial plan. Before we dig into the events, I’d like to assure you that it is business as usual at our end. Often the biggest risk in situations like this is reacting impulsively to the fears stoked by […]
We wish you a safe and happy break, and look forward to new beginnings in 2024. We have prepared an end of year wrap up video. Please click on the image below to view it. As part of our tradition, Fintech Financial Services (Fintech) has made a donation to the ‘National Breast Cancer Foundation’ (NBCF.org.au) […]
Albanese Labor Government’s Second Budget “Stronger Foundations for a better Future” Treasurer Jim Chalmers has delivered Australia’s first budget surplus in 15 years. The slim surplus of $4 billion represents 0.2% of GDP and an approximate $40 billion turnaround from Labor’s mini-budget delivered last October. Please note, these changes are proposals only and may or […]
As global economies adjust to the withdrawal of trillions of dollars of stimulus post-Covid, inflation is remaining stubbornly high alongside ongoing conflict in Ukraine, elevated energy and commodities prices and China’s reopening from Omicron BF.7. Central banks around the world are continuing to raise interest rates in an attempt to contain inflation. The US is […]
We wish you a safe and happy break, and look forward to new beginnings in 2023. We have prepared an end of year wrap up video. Please click on the image below to view it. As part of our tradition, Fintech Financial Services (Fintech) has made a donation to the ‘Beyond’ (Anxiety, depression and suicide […]
Balancing a revenue windfall, pre-election promises, structural spending demands & persistent inflation pressures The Labor Government under Anthony Albanese has implemented its election policies and expects lower budget deficits in the next two years thanks to increased tax revenues from higher commodity prices and other savings. However, future years are expected to bring significant deterioration […]
As the post-pandemic economic recovery continues to take shape, Australian Federal Treasurer Josh Frydenberg has handed down the 2022-23 Federal Budget Among the proposed changes, the Morrison Government has announced a pre-election cash splash and plans for lower budget deficits in the coming years. The additional spending relates mainly to this calendar year, and given […]