Markets have once again responded sharply to escalating trade tensions, as President Trump announced sweeping new tariffs on key US trading partners — branding it a “Liberation Day” initiative aimed at reshaping global trade. The reaction has been swift. The broader sell-off reflects rising concerns that renewed trade tensions could lift inflation, disrupt global supply… [Read More]
Volatility Spikes on Tariff Announcements — But History Offers Perspective
Global markets have experienced heightened volatility following former U.S. President Donald Trump’s announcement of “reciprocal” tariffs. Equity indices posted significant losses amid concerns over escalating trade tensions, potential retaliatory measures, and the broader implications for global economic growth. While the immediate market reaction has been sharp, taking a step back is important. History consistently shows… [Read More]
A budget built for the ballots? – The Advisory on Ausbiz
The recent budget aligns with the election cycle, offering broad handouts rather than targeted cost of living relief. There was not much in the budget that hadn’t already been announced, except for the surprise tax cuts. While the Division 296 $3 million superannuation tax bill has lapsed, it remains included in the budget’s income projections, indicating Labour’s intention to… [Read More]
Trumpenomics II – Another 4 years!
So, after months of speculation as to who would take the White House, it was done with a landslide to Trump. There was at least one positive. It was quick and certain, and an orderly transition will follow. There are also positives to draw from Trump’s pro-business posture, but the sting in the tail will be… [Read More]
July Update – Celebrating 10 Years!
It’s hard to believe the beginning of the new financial year also marked the milestone of 10 years since founding Wealth Simplicity (or MORE Wealth Management, as it was previously known)! For some, the working relationship stretches back even further. To everyone, it’s been a real privilege to be part of your lives, helping with financial decisions… [Read More]
Reviewing your SMSF Investment Strategy
A Self-Managed Superannuation Fund (SMSF) offers control and flexibility for retirement savings, and a key component of managing an SMSF is having a clear investment strategy. The ATO requires all SMSFs to have a documented investment strategy to ensure the fund operates within the law, avoiding penalties and maintaining its compliant status. An SMSF investment… [Read More]