array(1) {
[0]=>
&object(stdClass)#6939 (52) {
["id"]=>
string(5) "17736"
["title"]=>
string(177) "What Omicron means for property, and are units right for first-time buyers? What is equity crowdfunding? Are industry super funds tapping into member funds to save their skins? "
["alias"]=>
string(172) "what-omicron-means-for-property-and-are-units-right-for-first-time-buyers-what-is-equity-crowdfunding-are-industry-super-funds-tapping-into-member-funds-to-save-their-skins"
["introtext"]=>
string(264) "
In this episode of The nestegg Podcast, host Maja Garaca Djurdjevic checks in with our three experts, digging into the biggest headlines in the world of superannuation, property, investing and wealth creation, as well as touching on the new Omicron scare.
"
["fulltext"]=>
string(1128) "
Steve Waters, director of Right Property Group, talks about investing in a unit and whether first-time investors should put their money into a well-located apartment over a house in a regional setting. He touches on new versus old units and what history tells us.
RMIT senior lecturer of finance Dr Angel Zhong covers equity crowdfunding, what it is and how it’s trending. Dr Zhong also talks about legalities as well as risks for retail investors.
Finally, tax and super guru Timothy Munro chats about industry super funds turning to courts to amend their trust deeds and why this needs to stop. Mr Munro also chats about investing your super in crypto and the implications.
Have a question for our experts? Get in touch at [email protected], and you might get featured on the next episode.
Mining could be the “way forward” for Australia post-pandemic, according to KPMG.
Advertisement
Advertisement
>According to a new report from KPMG’s global and Australian head of mining, Trevor Hart, recent national data and the success of sector business continuity plans “show that mining remains one of Australia’s most resilient (and critical) industries through the COVID-19 crisis”.
Noting a recent rise in iron ore prices, export earnings forecasts and the sector’s underlying status, Mr Hart said these factors will be “key to the broader ability of the Australian economy and society to successfully cross ‘the bridge’ to the other side of the current COVID challenges”.
According to the global head, miners have been working hard since COVID-19 came onto the radar since 2019 to develop crisis management plans and initial business continuity planning phases.
“Although many commodity prices remain volatile, those of Australia’s major mining exports are robust – that is coupled with a weaker Australian dollar and lower fuel prices,” he explained.
“In addition, we are seeing continued profitability, underpinning about 250,000 jobs directly and many more indirectly, through critical supply.”
He touted that the Australian mining industry is also continuing to provide vital supply lines to critical regional economies, including China, Japan and South Korea.
And while a number of mining commodities are facing different market pressures and price volatility, which led to valuation drops of up to 20 per cent for copper, nickel and aluminium in the March 2020 quarter, “the Australian mining industry is truly a world-class sector”.
“In spite of the COVID-19 challenges, mining remains one of the most resilient and technologically advanced mining industries in the world,” Mr Hart continued.
Grace is a journalist on Momentum Media's nestegg.
She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.
Grace is a journalist on Momentum Media's nestegg.
She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.
Grace is a journalist on Momentum Media's nestegg.
She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.
Sick of reading? Let the Nest Egg Podcast deliver information on topics as varied as crypto and emerging markets to retirement strategies and financial literacy straight to your ears.
nestegg will keep you informed about the latest in banking, credit cards, and loans. With our wide-range of comprehensive content, you can get all the information you need on how to borrow money more effectively.
Learn everything you need to know about investing your money. With nestegg, you can get fresh, spot-on information about cryptocurrency, mutual funds, properties, stock market, and other platforms you can use to invest your money effectively.
