Industry News

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Wealth Management


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.

Ukraine and Russia Crisis 

Below are our early observations regarding the current crisis in Ukraine.

We are monitoring the situation closely and hearing from a range of industry experts to understand the impact as it evolves.

Ultimately, short-term outcomes are difficult to predict. This reinforces the benefits of having a balanced, long-term, valuation driven approach to portfolio management.