The uncertainty surrounding US trade policy is weighing down global growth prospects, KPMG warns.
The super fund has urged reform of the superannuation performance test to support investment in housing, clean energy, and emerging local industries.
The US and Europe trade deal represents a significant step forward in resolving trade conflict, but markets have largely priced in the good news already, says the asset manager.
Morningstar expects the Reserve Bank will still make around three cuts in this cycle, bringing the cash rate to a neutral level of around 3 per cent.
Economists have tipped inflation to ease further, but any upside surprise in the June quarter CPI could derail the Reserve Bank’s plans.
The Australian sharemarket is back to overvalued following the sharp rally since April, but many sectors still offer attractive stocks, according to the research firm.
The first wave of earnings reports for mega-cap tech stocks has led some to declare the end of the Magnificent Seven era, but VanEck remains broadly optimistic on its outlook.
Australians are losing millions weekly in unpaid super, yet payday super laws have not made it onto Parliament’s agenda.
The fund manager remains positive on the outlook for gold and believes ongoing market volatility will provide opportunities to acquire small-cap stocks in promising sectors.
T. Rowe Price Group VP said investment strategies must adapt to an ageing population, as Australians outlive their retirement savings.