News

Our insights on the latest news, trends and changes related to financial advice.

June investment review – Equity rally continues as bond yield curve flattens

Talking points for June 2021

  • Share markets advanced further in June, drawing confidence from ongoing policy support in the U.S.
  • Despite some lift in shorter term bond yields, long term yields declined.
  • Encouraged by the fall in longer term yields, “growth” stocks bounced back, with the I.T. sector posting the strongest returns.

 

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Pension Minimums to Remain Halved for the 2021/22 Financial Year

In somewhat surprising (but welcomed) news, a weekend media release from the Government has announced that the 50% reduction in pension minimums are to be extended for the 2021/2022 financial year.  

These measures were initially adopted for the 2019/20 & 2020/2021 financial years due to the impact of Covid. In the release it was noted that this measure “…continues to...

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Federal Budget 2021: what individuals need to know

The 2021 Federal Budget was announced on 11 May 2021 and Pekada will provide you with the resources to determine the potential impact to you, the opportunities and how to manage them effectively.

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