Member Update- August 2023

We are pleased to advise that AvSuper and Australian Retirement Trust (ART) have agreed to enter into a Heads of Agreement (HOA). The HOA confirms the intention of both parties to proceed with the merge in good faith. It’s a critical and positive step forward in serving our members [...]

2023-09-04T10:36:36+10:0024 August 2023|

Investment Update – June 2023

Investment update for June 2023 Global stocks delivered positive returns in June which was supported by resilient economic growth and improved market sentiment. US equities performed well throughout the month, continuing from the strong rally over recent months. The US Federal Reserve kept interest rates unchanged which supported equity valuations. [...]

2023-07-18T10:00:37+10:0018 July 2023|

Investment Update – May 2023

Investment update for May 2023 Global stocks produced a small negative return for the month of May, but there was material divergence in performance across regions and sectors. Volatility in markets was impacted by economic developments, expectations of future interest rate changes and news linked to the US debt ceiling. [...]

2023-06-22T12:26:58+10:0022 June 2023|

Investment Update – April 2023

Investment update for April 2023 During the month of April, global stocks produced positive returns as economic growth was more resilient than expected. Despite experiencing further stress in the banking sector, financial markets were bolstered by more optimistic economic growth performance in April. US stocks overall produced positive returns, although [...]

2023-06-22T12:27:32+10:0030 May 2023|

Member Update- May 2023

Welcome to our May Member Update. We are committed to keeping you informed on all changes and developments that affect you. We were very pleased to see many in attendance at our February webinar on the proposed merger with Australian Retirement Trust (ART) – it is always encouraging to [...]

2023-05-30T13:43:42+10:0025 May 2023|

2023-24 Federal Budget – key implications for your super

Treasurer Jim Chalmers delivered Labour’s second Federal budget on 9 May 2023. This year’s Federal Budget focused on addressing the immediate challenges that many are facing and providing cost-of-living relief for those that need it most. The Budget confirmed two previously announced changes to superannuation. – the reduction of [...]

2023-05-12T16:39:22+10:0012 May 2023|

Investment Update – March 2023

Investment update for March 2023 In March, global stocks and bonds both produced positive returns. The collapse of Silicon Valley Bank (SVB) and broader concerns around the financial sector initially caused a sell-off in equities. In addition, market pricing reacted with an expectation of lower future interest rates, with a [...]

2023-05-08T11:04:03+10:008 April 2023|

Investment Update – February 2023

Investment update for February 2023 Stocks and bonds both produced negative returns over the month of February as investors reassess their expectations for both the peak in interest rates and the subsequent pace of rate cuts. News headlines are dominated by improving but still high inflation rates, the possibility of [...]

2023-04-06T09:49:10+10:0023 March 2023|

Investment Update – January 2023

Investment update for January 2023 The first month of 2023 ended positively as stocks and bonds rose in both developed and emerging markets. The rally reflects some positive news after a year of large market movements including market expectations of cooling inflation, the Fed approaching the end of rate hikes, [...]

2023-02-22T13:56:20+11:0022 February 2023|

New merger partner for AvSuper

AvSuper and Australian Retirement Trust (ART) have agreed to investigate a merger of the two funds. An AvSuper spokesperson confirmed that the two funds have inked a Memorandum of Understanding (MoU) that will kick off a due diligence period. The previously proposed merger between AvSuper and Commonwealth Superannuation Corporation (CSC) [...]

2023-02-22T13:44:40+11:0015 February 2023|