With over 1.7 million cases and over 100,000 deaths, there is no doubt that Covid-19 is taking its toll on our global economy. There are very few countries not impacted already by the virus, and expectations are that this will continue at least into 2021 before a vaccine is found and widely available. With many [...]
The Australian Dollar (AUD) during the Covid-19 crisis has hit levels not seen in over 17 years, so where do we expect it to head next..? And importantly, what does this mean for Australian expats in Singapore and across the globe in terms of shifting money back into our home currency. What’s happened so far? [...]
A great deal can happen in a short space of time. Covid-19 numbers are rocketing across the globe, with no countries being spared. Unemployment is rising in Australia, Singapore and all over. Governments are responding with stimulus packages and support payments to those who are unemployed and financially impacted by the spread of the virus [...]
The Dow is off ~25 – 30% this year. Trump has banned all travel from Europe, with the exception of the UK. Sporting seasons are being cancelled, the Olympics might even be next. Nobody appears to be immune from the Corona Virus (COVID-19), with politicians, sports stars, actors and everyday people contracting the virus. What [...]
Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat, delivered the 2020 Budget for Singapore on the 18th February 2020, and as will come as no surprise, it has been a generous Budget to cushion the financial blow from both the trade wars between the China and US, reducing trade, and the impact [...]
Superannuation has been the backbone of the Australian retirement system for many years now, and for many planning to retire down under will be one of the most tax-efficient vehicles to save and invest your way to retirement. For Australian expats, it’s important to note that just having left Australia is no reason to forget [...]
Many people, particularly in our industry of financial planners, will view retirement planning as simply determining how much you need to save in order to have enough money to live off when you do decide to hang up the boots. With approximately 28% of American retirees recently surveyed stating that they felt much less happy [...]
Making the decision to become an Australian expat, and to live and work in another country such as Singapore, can be one of the most impactful choices you make. Whether it’s to increase your earning capacity, ability to hit the accelerator toward achieving your financial goals, or to progress in your career and chosen field, [...]
“A true friend never gets in your way unless you happen to be going down.” - Arnold H. Glasgow Singapore and Australia have had a close relationship for over 50 years, with it being forged in World War II after more than 1,700 Australians died defending the country. Australia was also the first country in 1965 [...]
"Many people look forward to the New Year for a new start on old habits." It’s now the beginning of a new year, and time to start setting those goals that for many, will likely have already been forgotten by now. Setting New Year Resolutions can be an excellent chance to set smart, achievable goals, but only [...]
