First Financial Blog

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In this winter edition of Investment Solutions magazine, we focus on five take outs you should be aware of post federal budget 2016.

We have all been affected by lower interest rates in one way or another. It is great news if you are a mortgage holder. However, if you rely on income from your cash and term deposits to fund your lifestyle, low interest rates have indeed been bad news.

Britain has voted to ‘Leave’ the European Union (EU) with a vote of 52% leave to 48% stay. There is little doubt there will be implications following the exit vote, however the magnitude of these implications is up for debate.

On 3 May 2016, the Turnbull Government delivered its first Federal Budget. And it is also the last Federal Budget to be delivered by the current Government given the impending election.

Back in August 2015 we posted an update on the volatility local and global share markets were experiencing. Since that update in August, if you only paid attention to the media you could be forgiven for thinking that things have significantly deteriorated further.

Our new office is located at the eastern end of Collins Street – to borrow a phrase – the ‘Paris end’ of the city. The building is located at Level 2, 90 Collins St, Melbourne between Russell and Exhibition Streets

An astounding number of Aussies are moving away from relying on traditional means of funding their retirement in favour of establishing property portfolios.

Aussies are an adventurous lot. With more retirees choosing to jetset and enjoy their wealth rather than immediately settle, we also put a great emphasis on where we call home at the end of the day.

Recently we have seen significant negative movements in local and global share markets, culminating in the worst single day of trading for our market since January 2009 on Monday.

You will have heard that ANZ Banking Group Limited (ANZ) recently announced that they were raising $3 billion by offering shares at a discounted rate to Institution investors and its existing shareholders.