by daktech | May 3, 2019 | Newsletter
The Australian Market had a positive month in April, with a gain of 1.9%. Moving into May we are cautious due to the election and the uncertainty as to who will get in. Short term we expect that the market may pull back not just on the election but also as investors...
by daktech | Apr 23, 2019 | Tips and Education
Proposed changes to your super under Labor Labor’s plan to axe cash refunds for excess franking credits and although this has hit the headlines they have other plans as well. Labor vows to · reduce the cap on...
by daktech | Apr 3, 2019 | Tips and Education
2019 Budget Below is a quick summary of the main announcements of this year’s budget, more detail will come out over time. For working Australia this Budget has a number of incentives and positive outcomes in real time. Other measure will take sometime to filter...
by daktech | Apr 3, 2019 | Newsletter
The Australian Market went nowhere in March 2019. We saw a pullback in the early stage of the month as investors took some profits on the back of a concern over interest rates. Australia has at present an inverted yield curve which means that long term rates are lower...
by daktech | Mar 8, 2019 | Newsletter
The Australian stock market had one of the strongest months on record with the ASX 200 producing a 4.9% gain for the month. Key highlight were companies reporting reduced profit growth which is indicating that we may start to see an economic slowdown. Banks stocks...