This year’s Federal Budget covers a range of measures aiming to reduce the pressure from increased costs of living and help more people into homes. 2022 Federal Budget Summary Taxation Increase to the low and middle income tax offset (LMITO), providing an additional $420 to reduce tax payable … [Read more...]
2022 March Monthly Economic Update
In this update, Bob Cunneen, Senior Economist, review events in markets during February. He discusses: Why global shares fell in February and Australian shares delivered a positive return How the global and Australian economies are performing Watch the MLC Economic Update - March 2022 … [Read more...]
2022 March edition of the Monthly Market Update
In the March 2022 edition of the Market Update: Australia’s S&P/ASX 200 Index returned 2.1% with Energy (+8.6%), Consumer Staples (+5.6%), and Materials (+5.2%) posting solid returns. Information Technology continued to be challenged with a decline of -6.6%. Nonfarm payrolls rose 678,000 … [Read more...]
Russia & Ukraine Update
On 21 February, Russia asserted its view on the independence of the Donetsk People’s Republic and the Luhansk People’s Republic and began mobilising troops to conduct peacekeeping operations in these areas. This was a violation of Ukraine’s sovereignty and independence, the Minsk agreement, and has … [Read more...]
2022 February edition of the Monthly Market Update
In the February 2022 edition of the Market Update: Australia’s S&P/ASX 200 Index declined by -6.4% with significant sell-offs experienced in Information Technology (-18.4%), Health Care (-12.1%) and Consumer Staples (-9.6%). Nonfarm payrolls rose 467,000 in January, well above of … [Read more...]
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