Investing 101

Crypto is the second most common product held by Australian investors.

The nation’s biggest bank announced a $9.6 billion cash profit for FY22, an 11 per cent improvement on FY22. What does that mean for you?

Consumer confidence is at crisis levels, but households aren’t acting to change spending patterns.

Despite the widespread damage caused by Covid-19, the crisis accelerated the pace of technological advancements along with our ability to adapt to the latest changes. A survey by McKinsey & Co found that Covid-19 sped up the adoption of digital technologies by several years.

With US quarterly reporting season nearly wrapped up, the trend is showing that earnings were better than expected this quarter.

In the latest quarterly data for FY22, both Perpetual and Pendal Group recorded fund outflows of $4.0 billion, Magellan lost $5.2 billion and US$11.9 billion exited Janus Henderson. GQG Partners was the one shining light, recording inflows of US$2.8 billion.

Following the reopening of global markets post-Covid, there was a sudden change in macro-economic conditions caused by massive stimulus spending and supply constraints. Central bankers were caught asleep at the wheel, but are now starting to talk tough.

The Reserve Bank of Australia’s forecast on rate rises was completely wrong. It’s time the RBA owned up and apologised to households.

Strong labour figures will reassure the Reserve Bank of Australia that the economy is match fit to weather further increases in the cash rate. As long as households remain employed, the likelihood of mortgage stress remains extremely low – even if rising debt payments inflation is reducing purchasing power.

For Australian investors, the value of fully franked dividends will play a bigger part in client portfolios as dividend payments return to pre-pandemic levels. But that all depends on whether Australia has a soft or hard landing.

Here are five lessons every investor can take away from FY22.

With the S&P/500 index down 21% per cent so far in 2022, investors are asking when will the market finally reach a bottom. There’s no definitive answer, but these three charts suggest there is further pain ahead.