Blog
A note from your Adviser: Economic Outlook – December 2020
17 December
Gary Gleeson Principal | MFM Group As we move into the holiday period, we are monitoring seven key issues in coming days and weeks: Will the global economy continue to surprise on the upside? The global economy continues...[Read More]
A note from your adviser: November 2020 Review – An exceptional rebound
17 December
Gary Gleeson Principal | MFM Group Global equity markets were extremely strong in November, with the Australian market delivering a record monthly return. Markets rose due to a coincident cluster of positive factors. This included a...[Read More]
A note from your Adviser – Outlook – November 2020
25 November
(Gary Gleeson) Principal | MFM Group The risk to growth from the current US COVID wave must be watched. However, we still see plenty to support equity markets through to the end of the year, including policy stimulus, economic...[Read More]
A note from your Adviser: An eventful week may bring “more of the same” – November 2020
25 November
Gary Gleeson Principal | MFM Group The first week in November, always notable due to the running of the Melbourne Cup, can also be more significant than most for financial markets. It is the week of the monthly Reserve Bank...[Read More]
A note from your Adviser – September 2020 Review – Share markets pull back from recent highs
21 October
Gary Gleeson (Melbourne Financial Management) In a month of weak equity markets, fixed interest was the best performing sector. All equities linked returns were negative, with the Australian market returning -3.7% for the month....[Read More]
A note from your Adviser – Economic Outlook – October 2020
21 October
Gary Gleeson (Melbourne Financial Management) Australian Market Australian equities have continued to perform well despite rising COVID cases overseas. The fact that we could know the result of the US election in three weeks...[Read More]
A note from your Adviser: Economic Outlook – September 2020
22 September
Gary Gleeson (Principal | MFM Group) New developments on key issues Australian case trends. Continue to improve; combined with warmer weather we are seeing early signs on activity improvement. US case trends: Slight...[Read More]
A note from your Adviser: Share market performance in recessions – September 2020
22 September
Gary Gleeson (Principal | MFM Group) The release of National Accounts data for the June quarter confirmed that Australia’s record run of recession avoidance has come to an end. With June being the second consecutive quarter of negative...[Read More]
A note from your Adviser: August 2020 Review – Earnings down, but equities continue to rally
22 September
Gary Gleeson (Principal | MFM Group) Australian Listed Property was a standout asset class in August, driven by better than expected results and hints of a recovery in residential property. However, the sector has under-performed the...[Read More]
A note from your Adviser – Economic Outlook (August 2020)
18 August
(Gary Gleeson) Key short-term issues US COVID trends: Continue to improve, with falling hospitalisations. US earnings season: Continues to surprise on the upside, albeit off a very low base of expectations. Vaccine &...[Read More]
A note from your Adviser – July 2020 Review (Equity markets advance despite COVID’s resurgence)
18 August
(Gary Gleeson) The impact of COVID continues to dominate economies and markets. Infection resurgences in many countries helped to slow activity after economic rebounds in June. Global equity markets rose in July as easy monetary policy...[Read More]
A note from your Adviser – Economic Outlook July 2020
21 July
(Gary Gleeson) The Australian outlook There are three key issues at play: Will Victoria implement greater restrictions? The estimated economic effect of the current lockdowns is 0.5% to 1% for Australian GDP. This could more...[Read More]
A note from your Adviser – Dealing with the income drought of 2020
21 July
(Gary Gleeson) The progressive decline in investment income that has characterised much of the past decade is set to reach its nadir this year. It is in July, the month following the end of the financial year, when many investment funds pay out...[Read More]
A note from your Adviser – Policy supports asset price recovery
21 July
(Gary Gleeson) The June Quarter delivered a strong rebound in equities prices as markets took an optimistic view of the speed of recovery from the global COVID related recession. Central Banks remained supportive, despite some early...[Read More]
A note from your Adviser: Important changes to minimum pension payment rates for Allocated Pensions, Account Based Pensions and Term Allocated Pensions
17 June
(Gary Gleeson) Each financial year, the government requires you to withdraw a certain amount from your pension – called the minimum amount. In response to COVID-19, the Government has legislated several measures to help minimise the economic...[Read More]