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Wealth Management

Insights

Budget Briefing & Superannuation Changes

On Tuesday, 29th March 2022, the Government handed down its 2022-23 Federal Budget.

From a Superannuation and Financial Advice perspective, the budget was extremely quiet. The Government are primarily focused on supporting low to middle-income earners, social security recipients and first home buyers.

Cost Control & Pricing Power 

Understandably, the war in Ukraine has overshadowed a strong ASX Report Period.   

Analysts displayed growing optimism as Australian businesses emerged from the omicron wave better than feared. This optimism translated into upgraded FY22 earnings from 13.6% to 14.2%, led by materials and energy sectors, the beneficiaries of global inflation and geopolitical risks.