Market Update - 20th April 2024


Domestic markets suffered a 2% drop in ASX200 over the past fortnight, led by a 1.81% slump on Tuesday, with Communications down 3.4%. Iron ore prices rose 7%, but RBA warns of an 80% export decline due to declining population and construction. Australian bond yields rose to 4.37% amid inflation concerns. In the international arena, US inflation data dampened hopes of rate cuts, while China surpassed GDP forecasts, but faces challenges ahead, impacting regional markets.

Read More
Jenni Anderson
Introduction to "Ageing Well" Seminar

Salt Financial Group is hosting a seminar, "Ageing Well: Navigating Aged Care with Confidence," to guide clients through the financial complexities of aged care. Topics include fees, legal documentation, budget planning, and maximising government assistance. Join us to secure your financial future in aged care. RSVP by April 9th.

Read More
Jenni Anderson
Our New ATO Mail System...

Salt is in the process of introducing a new ATO mail system on behalf of our clients which will allow us to download and distribute all forms of ATO mail in the most efficient manner possible. As we begin this transition, it is important that you, our clients, understand how it operates and how your ATO correspondence will begin to be received. The new ATO Mail system using 2 factor authentication. This means when your ATO mail is sent electronically, you will receive a text message with a 6-digit code which will be required to access the mail via email.

Read More
Jenni Anderson
Market Update - 6th April 2024

In Q1 2024, ASX IT sector surged by 55% due to AI interest, while property and financial sectors grew steadily. Materials slumped 8.34% amid Chinese export decrease. Gold hit all-time high. Cocoa prices soared 230% due to weather hindrances. US markets reached record highs.

Read More
Jenni Anderson
Why you need Tax Planning...

In the ever-evolving landscape of personal finance, one key aspect often overlooked is the formidable impact of tax planning. Each year, countless individuals overpay their taxes simply because they lack a comprehensive tax strategy. Opportunities for savings slip through the cracks, resulting in missed chances to bolster retirement accounts, fund education plans, or pursue long-held aspirations. This is the all-too-common error that strategic tax planning is able to avoid.

Read More
Jenni Anderson
Autumnal Financial Tune Up

As the end of the financial year approaches, it's a critical time for individuals and businesses to evaluate their financial situations and ensure everything is in order. Whether you're a seasoned investor, a small business owner, or simply managing your personal finances, a few key tasks can help you finish the financial year strong and set yourself up for success in the year ahead. Here is a general checklist of essential to-dos:

Read More
Jenni Anderson
Understanding ESG Investing

As the world grapples with environmental, social, and governance (ESG) issues, the investment landscape is evolving. ESG investing, also known as sustainable, responsible, or ethical investing, has emerged as a strategy that considers sustainability factors alongside financial returns. Here's a comprehensive guide to understanding ESG investing and its key components.

Read More
Jenni Anderson