Investment update for December 2019 A year of geopolitical risks and slowing growth concludes with positive returns Following the de-escalation of the US-China trade dispute and improved investor sentiment, international equity markets produced positive returns in December. The UK equity market benefited from the increased Brexit certainty that followed the [...]
Over the year to the December quarter, the increase was 0.70% for comfortable and 0.50% for modest, compared to the general Consumer Price Index (CPI) increase of 0.7%. For a modest lifestyle (better than a Government pension but fairly simple living), the annual guidelines are now $26,570 for a single [...]
For a modest lifestyle (better than a Government pension but fairly simple living), the annual guidelines are now $28,165 for a single or $40,560 for a couple. For a more comfortable lifestyle, the estimates are $44,146 for a single and $62,269 for a couple. This equates to approximately the following amount [...]
Happy new year and welcome to 2020! AvSuper offices are now open and we welcome our members to get in touch with us. We apologise for any inconvenience experienced last week when our offices were closed for the health and safety of our team during the bushfire crisis, and appreciate [...]
Investment update for November 2019 Increased commodity prices help Australian resources Globally, central banks continued to maintain a dovish stance on monetary policy. International equities produced positive returns in November to continue the strong performance in 2019. This was supported by renewed optimism with the US and China phase one [...]
From all the staff and Trustees at AvSuper, I would like to wish you and your loved ones a very Merry and safe Christmas, and a happy, prosperous New Year. AvSuper's offices will be closed from 5pm Friday 20 December until 9am Monday 6 January 2020. Member Online will remain [...]
Investment update for October 2019 Continuing record low interest rates squeeze major banks As with the year to date overall, international equities produced strong positive returns in October. Global central banks continued to provide more monetary policy support. News that the US and China may soon strike a “Phase One [...]
We are very excited and appreciative to have been recently announced as the Selecting Super MemberSelect Fund for the third year in a row! Your support and votes mean a lot to us and we thank you for your votes and your faith in us. This award recognises the hard [...]
It is with great pleasure that I announce that AvSuper Trustee Director, Lawrie Cox, has been awarded an Industry Service Award at the Rainmaker SelectingSuper Awards this morning. Lawrie Cox, AvSuper Trustee Director This recognises the 33 years Lawrie has contributed to the superannuation industry, including the eight years he [...]
Investment update for September 2019 Slow global economic growth dominates Following the volatility in August, investment markets were more stable in September. Equity markets produced positive growth and continued the strong returns of this year, while trade tensions remained and further slowed global economic growth. Continued low inflation prompted easing [...]
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