The Federal Government has now passed the final Division 296 superannuation tax legislation. Here's what it means for you.
January was marked by heightened geopolitical tensions and uncertainty around US policy, yet global share markets proved resilient..
Markets in November reflected a shift toward caution after a strong run, as investors reassessed valuations despite broadly resilient earnings.
Overall, markets were generally supportive, though inflation trends and policy uncertainty continue to shape the outlook.
Global markets took a hit after US President Donald Trump announced sweeping tariffs, under the banner of “Liberation Day.” While headlines described billions being “wiped” from markets, it’s worth noting the S&P 500, even after the drop, is still up over 18% from levels just three years ago.
For most of our clients the cost-of-living announcements will be beneficial, while for the retirees receiving Centrelink pensions, the unfreezing of deeming rates is something to monitor.
Trump’s US election win, securing both the popular vote and the electoral college, signals a renewed focus on a conservative economic agenda centred on tax cuts, deregulation, and a strong stance on trade.