Australian growth resilient in tough times
‘Resilient’ is perhaps the best way to sum up Australia’s economic performance over the past 12 months. That was the word used by Standard and Poor’s director of sovereign ratings, Craig Michaels, when confirming Australia’s AAA credit rating in mid-June.Australia’s strong performance is even more remarkable in a year characterised by ongoing uncertainty and volatility […]
How compound interest works for – and against you
There’s a quote often misattributed to Albert Einstein that compound interest is the “eighth wonder of the world”. While savings accounts may not stack up to the beauty of the pyramids, the amount of power compound interest can have over your financial life shouldn’t be underestimated. In fact, compound interest is one of the fundamental […]
Can dollar cost averaging really reduce investing risk?
For many investors a windfall can financially turn their lives around. But investing that money wisely can be a daunting prospect – there are almost too many questions to answer. The theory of dollar-cost averaging can help relieve some of those fears. But is using money to regularly invest over a longer period of time […]
Keep perspective, not panic; professional investors believe we are in a normal correction.
You may have been watching the market fluctuate over the past week. We thought that we would take a few moments to outline some of the key points as to what has been happening with the market. Firstly, it is important to remember that investment markets move in cycles and negative corrections are a completely […]
August 2015 Australian Economy Snapshot
Australian Economy Snapshot
The latest release from the RBA (Data updated to 7 April 2015) is a positive sign for investors and business alike.
Highlight of last nights Federal Budget – How does it impact you?
Major changes include Super contributions cap increased Super tax for high earners increased Baby Bonus abolished Income tax cuts on hold Medicare levy increased Childcare rebate frozen Superannuation The budget essentially confirmed previous superannuation announcements and in some areas provided additional clarification. The key measures previously announced include: Concessional contributions cap increased to $35,000 As […]
We have been shortlisted for an incredible award – and we need YOUR help!
We are thrilled to announce to our clients, colleagues and friends that our Maddern TV video channel has been shortlisted for an incredible award; the MAX: Marketing, Advertising and Sales Excellence Awards, which shines a spotlight on the achievers and innovators in the field of marketing and sales within the Australian financial services industry. https://www.maddernfinancial.com.au/private_wealth/tv#.U3GS1vmSzwo […]
Dr. Dennis J. Maddern featured in ‘IFA’ magazine for valuable industry commentary
Dr. Dennis J. Maddern; Founder & Executive Chairman of Maddern Private Wealth and Maddern Financial Advisers, was honoured to be asked to provide valuable commentary in the nationally distributed financial magazine ‘IFA’. Dennis affirmed his opinion on an issue that he is particularly passionate about; ensuring that all clients have full disclosure of financial planning business ownership and licence. He believes that is absolutely essential that a […]
Financial Commentary – Australia as a destination for the super-rich?
Much can be written about markets, and Australia’s fortunes, e.g. Ford, GM, etc to close manufacturing, etc. But, there are some compelling reasons to believe that Australia’s future looks very bright: In a recent article in the AFR, 17 January ’14 entitled ‘Chinese millionaires head Down Under,’ the following points were made: Australia is the […]