Financial Planning

2024 Q3 September Quarter Review

  • The US Fed moves on rates.

  • Brief chaos in Japanese market highlights value of long term thinking.

  • Global and Australian stock gains, with bonds offering good returns. 

  • Strong returns across many sectors, while tech struggles on AI questions.

  • Australian real estate beginning to ease up with quarterly falls in some capitals.

2024 Q2 June Quarter Review

Points of Note:

The US economy continues to be resilient while Europe sees rate cuts.

Slightly negative market returns in Australia.

Positive global returns, but Australian dollar a headwind for unhedged investors.

Market rally narrows back to big tech names.

Australian real estate still strong, but Melbourne & Hobart lag.

Financial Control

With property prices losing touch with reality in many markets, some children have been leaning on their parents for a deposit, simply just to get access to the market they wouldn’t otherwise be able to crack. It’s something that might be termed a living inheritance. But is physical real estate the only way for young people to set themselves up well financially? As a parent willing to contribute to your son/daughter’s deposit on physical real estate, would you consider, as an alternative, contributing to their investment portfolio?

The Omnipotent Airbnb Risk

Before you look at ‘Airbnbing’ your property, be sure to consider the ever present legislative risk. More and more Airbnb listings are for the whole house/apartment, and this is exacerbating the problem of housing shortages and rising rents. Do your homework and take a look at legislation changes overseas. As a host, it may be wise to ensure your accommodation is suitable for long stays as well.