2023 Recipient of the FinSec Emerging Leaders Scholarship – Behind Closed Doors (BCD)
Sarah Day is a strategy and agriculture expert at Edge. Prior to joining Edge, Sarah was responsible for establishing sustainability as a key pillar at AACo, Australia's largest beef producer. In this role, Sarah delivered the Company's first sustainability report, the Company's first sustainability strategy, convened the first Animal Health & Welfare Committee and delivered their first carbon abatement project. Sarah brings her skills in project management, major project consultancy and law to her role at Edge and is driven by achieving positive outcomes for clients in [...]
Weekly Market Update – 24th March 2023
Investment markets and key developments Global share markets had a volatile week with ongoing worries about banking contagion, but managed to rise helped by some settling of concerns in the US and hopes that central banks are near the top on rates. For the week US shares gained 1.4%, Eurozone shares rose 1% (despite a fall in Deutsche Bank shares on Friday), Japanese shares rose 0.2% and Chinese shares rose 1.7%. However, Australian shares remained under pressure falling by 0.6% for the week with falls led by [...]
How the Face of Retirement is Changing and What to Expect 20-30 Years From Now
On the surface, it may seem retirement planning hasn’t changed all that much over the years. You work, you save, and then you retire. But while the mechanics may look similar, today, we are facing many challenges that previous generations did not have to consider. In this session, Andrew Creaser, FinSec Partners discusses what to expect from retirement over the next 20-30 years, how to prepare and the innovations in strategy now available.
Weekly Market Update – 17th March 2023
Investment markets and key developmentsGlobal share markets had a volatile week reflecting the problems in banks but with banking system backstops and hopes of less central bank rate hikes providing some support. US shares actually rose 1.4% for the week having fallen further than other markets the week before in an initial response to the banking problems. But Eurozone shares fell 4.2%, Japanese shares fell 2.9% and Chinese lost 0.2%. Australian shares fell 2.1% playing catchup to the falls in US shares and as global worries weighed [...]
A Finsec View – Why the super cap matters, Aus’s new lifecycle shift, Golf or surfing?, The gold standard and more.
10th March 2023As experts begin to unpack the proposed new tax on super accounts above $3m, the true consequences of the measure are starting to show. And Chalmers is now in full defence mode. In one press conference over the weekend, within a few sentences, he said the word 'modest' five times and 'simple' four times.It's a Shakespearean reminder of Hamlet, where his mother, Gertrude, is asked about the queen in a play who repeatedly states she would not remarry if her husband dies. The famous [...]
Weekly Market Update – 10th March 2023
Investment markets and key developments Global share markets mostly fell over the last week with more hawkish commentary from Fed Chair Powell and worries that problems at two regional US lenders may mean wider issues for banks. This saw US shares fall 4.6% for the week giving up most of their gains for the year to date and Eurozone shares fell 1.8%. Chinese shares also fell 4% but the Japanese share market rose 0.8%. While Australian shares were initially boosted by a less hawkish RBA they [...]
Weekly Market Update – 3rd March 2023
Investment markets and key developments Global share markets rose over the last week with hopes that interest rates won’t rise any more than already priced in. For the week US shares rose 1.9% with a solid rebound from technical support levels, Eurozone shares rose 2.4% and Japanese and Chinese shares both rose 1.7%. Despite the positive global lead, the Australian share market fell 0.3% with gains in resources stocks more than offset by losses in other sectors, particularly financials and property stocks. Bond yields rose further with [...]
Weekly Market Update – 24th February 2023
Investment markets and key developments over the past week It was another negative week across most global sharemarkets as central banks remain hawkish and economic data holds up better than expected which means higher interest rates (at least in the near-term). Sharemarkets also ran up too far in January, so some pull-back from high levels was likely. US markets were down by 2.6% over the week (and are around 17% below their 2021 highs), Australia was 0.5% lower (and 4% below its record highs), Eurozone shares were [...]