Investing: Asset Classes Animation

There is a lot of research, planning and thought that goes into building an investment portfolio that is right for you. We carefully consider:

Your current position

Your goals

Your investment timeframe

Your risk tolerance

Your investment preferences

This animated video explains the different asset classes that make up a portfolio. If you would like to discuss how we can help you build a customised investment portfolio, please contact us today.

50% minimum pension reduction EXTENDED

On 29 May 2021, the Morrison Government announced that the temporary 50% reduction in the minimum amount superannuation pension members were required to withdraw from their pension account will be extended to 30 June 2022.

As part of their economic response to the Coronavirus pandemic, the Government introduced a temporary 50% reduction in the minimum amount members were required to withdraw from their pension account. This temporary reduction was expected to finish on 30 June this year, but has now been extended to 30 June 2022. If you are currently receiving the reduced minimum, you will continue to do so for the 2021-22 financial year unless you provide alternate instructions.

The reduced pension rates are shown in the table below (these rates will now apply for the 2021-22 financial year):

The Government's economic stimulus packages and your Super. The Changes  Explained | The MBA Partnership

If you wish to review or alter your pension amount, please contact your adviser.

Federal Budget 2020/21

The economic, financial, physical, mental and emotional issues that have arisen due to the COVID-19 pandemic—which immediately followed the devastating bushfires and drought—have undoubtedly been felt by many of us. The Government’s recently delivered 2020-21 Federal Budget aims to focus on rebuilding our economy, creating jobs and securing Australia’s future, with the Government’s ‘COVID-19 Economic Recovery Plan’.

In previous years, the Budget has traditionally been delivered in May, though due to the COVID-19 pandemic, it was delayed and Treasurer Josh Frydenberg delivered the 2020-21 Budget on 6 October 2020.

To read more about the Federal Budget and what it means for you, please access this Federal Budget Report.

Please contact us to discuss any questions you have about the budget and what it means for you.

Financial needs and wants in a post-COVID-19 world

The COVID-19 pandemic has undoubtedly changed the world as we know it. And, while this event is first and foremost a public health issue, other clear and significant issues have also emerged for many of us, be they economic, financial, physical, mental and/or emotional.

While there appears to be some light at the end of the tunnel, and restrictions are gradually being wound back, uncertainty and caution remain—which is an understandable human response.

What we have experienced, and continue to work through, is something truly unique in terms of its overall size, reach and impact. The world grounded to an almost halt, and we were placed in unfamiliar and surreal territory.

What we do know, these changes have affected us on many levels, both temporarily and in some cases permanently. Our strengths and weaknesses, our opportunities and threats, and our values and priorities have been tested. And, with this, some things may revert back to normal, and others may not.

Although there have been many negatives from this event, perhaps one positive has been the opportunity to pause and reflect. By doing so, we have gained insights and learnt lessons about ourselves, which can be used to move forward in a positive direction.

Continue reading “Financial needs and wants in a post-COVID-19 world”

Believe in yourself

One of our advisers, Raquel Netto, was recently featured in the Financial Planning Association’s Money & Life Magazine.

It’s a great article highlighting Raquel’s achievements, including winning the Gwen Fletcher Memorial Award for being the highest achieving student in the Certified Financial Planner Certification unit. Raquel discusses the growing role of women in business, the importance of higher education standards in the financial planning profession, study advice, her personal work ethos and the demands of juggling a career, family and study.

Raquel approaches work, study and personal endeavours with the same enthusiasm and drive for excellence.

“My personal value system means that for any project or challenge I take on, I give it 100 per cent, because if I’m not going to give something my very best effort, then I shouldn’t be doing it.”

Drawing on her personal experiences, Raquel’s advice to others is that

“through hard work and by having a positive attitude, you will be able to achieve anything you set your mind to. Always believe in yourself and trust your own judgement.”

The full article is available on the Money & Life website.

Australian Equities: 2018 review

2018 was a challenging year for global sharemarkets, including Australia’s where the ASX 200 declined -6.8% over the calendar year.

The gains made in the first eight months were given up as the sharemarket fell from late August over a growing list of concerns, including, disappointing 2019 growth projections, the impact of higher US rates, the continued US-China trade war and the uncertainty caused by Brexit.

Anton Tagliaferro is the founder and investment director of Investors Mutual Ltd, a boutique, value style Australian equities fund manager. Drawing on his extensive experience with over 30 years in the finance industry, Tagliaferro observes that “in the initial stages of a sharemarket correction, it is not uncommon for almost every stock to fall as many investors rush to reduce their exposure to sharemarkets. However, when the panic subsides, and sanity prevails – which inevitably happens – good quality companies with strong underlying businesses, and with real earnings always recover well.”

Tagliaferro expects to see a period of consolidation in markets following the heavy falls of the December quarter.  He recently shared his outlook for Australian Equities:

“At the end of December, we started to see the emergence of very good value amongst many quality Industrial stocks, which our Funds are heavily skewed towards and we expect the quality of these stocks to show resilience should the sharemarket correct further.”

Continue reading “Australian Equities: 2018 review”

Joining the Sterling Private family

We are very pleased to confirm the change of licensee for our business to Sterling Private Pty Ltd (AFSL 490523).

Following a period of careful consideration and extensive review, we made the strategic decision last year to change licensee for the purpose of providing financial services to our clients.  We feel that a move to a boutique, non-bank aligned licensee is more suited to our business and our clients’ objectives moving forward.

We are excited to be working with the team at Sterling as we explore the opportunities our new licensee offers to improve the way we work with our clients.

To our existing clients, we would like to emphasise that your ongoing relationship with our firm will remain the same following the change of licensee.  Our team remains the same and we will continue to deliver you with quality advice and outstanding service.  All your investments, insurances and the services that The Wealth Mentoring Group provide to you remain unchanged.

If you have any questions about what our change of licensee means for you, please get in touch with us.

Click here if you wish to access a copy of our Financial Service Guide.

Share The Dream

What is the “Invisible-Money Generation”? It’s a term that’s been coined to describe the younger generation who sometimes struggle to grasp the value of REAL money in a digital world. So how can we teach the next generation the value of money, when it is mostly invisible?

We recently came across the Share the Dream research report which has some interesting insights into how Australian parents are raising the next generation – the ‘Invisible-Money Generation’.

The report confirms that parents find it hard to talk to kids about money in the digital world. Interestingly, 62% of the parents surveyed believe their children’s generation will be financially worse off than they are. So what can we do to ensure our kids develop healthy money habits and skills?

For great tips and activities to help you talk money with kids, check out the How to Talk Money with Children eBook:


#sharethedream #InvisibleMoneyGeneration



Trumponomics and investment markets – Oliver’s Insights

There is plenty of debate regarding whether Donald Trump’s presidency is a positive or negative for share markets.  In his recent article, Dr. Shane Oliver looks at the risks for investors from President Trump’s approach and policies.  The key points are:

  • So far President Trump has been positive for share markets but this year the focus is increasingly shifting to populist policies with greater risk for investors.
  • The key risks to keep an eye on in this regard relate to trade conflict and the expanding US budget deficit, although the latter is more a risk for when the US economy next turns down.
  • However, the best approach for investors in relation to Trump is it to turn down the noise given the often contradictory and confusing news flow he generates.

You can read the full article here: Oliver’s Insights – Trumponomics and investment markets

Dr. Shane Oliver is Head of Investment Strategy and Economics and Chief Economist at AMP Capital.