Written by John Liston – Nixer
The tax season is a time some people look forward to as they have paid their taxes all year and are looking to get a nice refund to compensate for all the tax deductible expenses they have paid throughout the year. You now need to think about any work related expenses that you have paid over the last financial year.
It’s good news for property investors! Not only has the Treasury expanded the property price caps for homes purchased under the First Home Loan Deposit Scheme (FHLDS) and Family Home Guarantee, but there will also be more slots available in the new financial year. That means more possibilities for first home buyers and single parent home buyers to get into the market. Read Post
Keen to know when your next dividends will be paid? See the schedule below.
In the 2022/23 financial year, Raiz reinvested over $34.44 million in dividends back into user accounts. Read Post
28-06-2021
George Lucas, Raiz Group CEO
Given it’s nearly six months into the year, it’s an ideal time to look at what has transpired over the first half of 2021, and where we expect markets to end up at year end. Many investors continue to ask how far equity markets can run given gains since pandemic lows many months ago.
Have you seen this acronym floating around financial media in 2021? It’s becoming more and more prominent when it comes to takeovers and listings, particularly in the US markets.
15-06-2021
George Lucas, Raiz Group CEO
Last week saw global stocks as measured by the FTSE All-World Index hit an all-time high as investors balanced expectations that the economic recovery will remain robust with caution ahead of the upcoming US Federal Reserve meeting on June 15-16. While it has not been the most exciting rally and the global equities benchmark has only risen 1 per cent so far in June, it’s another sign of global economic data continuing to improve.
Global food prices in 2021 have been going up. And up. And up. In May, the UN Food and Agriculture Organization’s monthly index spiked 40%, the biggest rise in a decade, increasing the possibility that inflation caused by the COVID-19 recovery is accelerating.
Over the past few years, more rules and systems have been implemented to make it easier for Australians to switch to a Super fund that suits them.
As of June 1st, 2021, The ASX has had eight consecutive months of gains, and is currently at record highs. European markets have had four consecutive months of gains, and US markets continue to hover near records. Since the GFC, there have been almost 300 new record high days recorded by the S&P 500 index. That is an almost one in seven chance over that time frame that the market could have hit a record high on a given day.
01-06-2021
George Lucas, Raiz Group CEO
Domestically, we’ve seen the Australia sharemarket perform well this month due to the global rotation in equity markets into energy, financials and material stocks such as copper, iron ore and other industrial metal companies, and out of the tech companies. On Friday, the ASX 200 reached new record highs boosted in large part by miners, oil stocks and banks.
