Welcome to the Spring edition of the Chrysalis Lifestyle Planning newsletter. Has Spring really…

It’s hard to believe we are nearly halfway through 2022 already. What an extraordinary year it has been so far. With the ongoing recovery from COVID19, a war in Europe, ongoing lock downs in China, floods, fires, heighten geopolitical tensions globally plus increasing concerns regarding the financial impacts of demand driven inflation – there hasn’t…

On the evening of the 29th of March 2022, the Government handed down the 2022-23 Federal Budget. It should come as no surprise that the major focus of this Budget for most Australians is on the cost of living. With inflation levels and the cost of many goods rising, be that from the effect of…

This year seems to by flying by once again. We already find ourselves a quarter of the way through a new calendar year, with the end of the financial year only three months away. It is with this in mind that we are writing to you to update you on what is going on in…

As we raised in our recent newsletter in early February, geopolitical instability generates short-term volatility in investment markets and highlights the importance of retaining your long-term investment perspective during these times. Clearly this has been the case following Russia’s invasion of Ukraine. While it is paramount to maintain a longer-term perspective during such times, it…

We commence a new year after one that many would like to forget. However, following a wild start to the year in the markets, many are asking, “What’s ahead for 2022?” For anyone watching the investment markets, or those caught up in the seemingly endless barrage of negative financial media reports, the start of 2022…

It’s Spring!  Fresh beginnings. When we wrote our last winter newsletter we were all just heading into lockdown in New South Wales and later Victoria. As we write this edition we are all hopefully getting ready to come out.  We really hope that this is the beginning of a return to normality and life as…

You may have watched stories on the news recently about Evergrande, the failing Chinese building and construction giant. They may collapse in the next few days given the massive debt they hold. We wanted to give you our position on this unfolding issue in a timely manner so as to allay any fears or concerns you…

Some analysts are warning that Australia’s multi-decade property boom may be about to end, but most agree that will not happen this year with double-digit house price growth widely expected in 2021. Read in ABC News: https://www.abc.net.au/news/2021-04-22/real-estate-faces-macroprudential-risks/100084426

2020 Federal Budget Fast-tracked tax cuts and wage subsidies for younger workers underline the Federal Government’s budget. Note: These changes are proposals only and may or may not be made law. Summary Personal tax cuts brought forward  Immediate tax relief: ’Stage two’ personal income tax cuts will be brought forward two years, and back dated to…

From our QF Redundancy experience over the past 16 years, these are our 10 Top Tips for Qantas staff when considering if a Voluntary Redundancy (VR) is right for you: Your preference – to take or not to take that is the question! Are you mentally ready to disconnect from QF? Do you have a…

Chrysalis Lifestyle Planning presents ‘Hot Topic’s’ Q&A video session with Jo! Today Jo will spend a couple of minutes covering the following commonly asked questions:   1. Should I reduce my pension payment? 2. Should I remain invested/and or add further cash into the market? 3. Redraw versus Offset accounts….what are the implications right now?…

New Government Safety Nets to Support Most Australians – Quick Client Summary.   We hope you and your families are all well and finding the quarantine experience an interesting and positive one so far! We have provided a summary designed to help simplify the various Government support measures currently being rolled out. Given we are not through the pandemic…

Here at Chrysalis Lifestyle Planning we have been busy monitoring recent market impacts and fielding a number of calls from clients. We are looking to steer all of our client portfolios through the volatility that we are currently seeing and clients have been largely calm in the knowledge that we are standing by them to…

The following ideas are provided to help you endure and triumph through this challenging time…..     – Home & Supplies– Stock up on food & supplies but don’t hoard – keep a food pantry of up to 1–2 months In particular, consider your needs for baby formula, water, nappies, toilet paper, vegetables that can be turned…

Updated Government Response Government on the march On Sunday 23 March, Scott Morrison announced the second round of stimulus measures targeted at combating the impact of the coronavirus. Valued at $66billion, this package brings the Government reported overall economic assistance package to $189 billion. They simultaneously increased the self-isolation measures and enforcement of social distancing, with…

What a difference two weeks makes! The world is currently working through an unprecedented economic and health crisis that will impact on our ability to lead our normal daily lives for some time. At Chrysalis we are acutely aware that Coronavirus (COVID-19) is proving to be an escalating challenge not only to the wider financial industry and Governments…

Please be aware that there are many scam email and texts emerging regarding COVID-19 (Coronavirus). If you receive any unexpected emails or text messages, no matter what the subject matter, be very careful not to follow links or enter your personal information unless you are absolutely sure it is a legitimate site. You can find a lot of useful information…

We are starting to receive a few calls from clients off the back of the big falls in the markets as to what the Coronavirus impacts may be on your portfolio so we wanted to provide the following update for you. Please be assured, the Chrysalis Investment Committee is watching unfolding world events and assessing them…

Hamish Douglas, founder and CEO of Magellan, hosted an evening to several thousand investors where he presented his view of the trajectory of world economies and the opportunities that Magellan sees. He also spoke into how Magellan may be addressing the opportunities and threats from coronavirus. Special guest, Michael Morell former deputy director of the…

Do you have an income protection policy already in place – personally or via super? Have you been thinking about taking up income protection insurance but have not yet done so? Do you know someone who has income protection cover or is thinking about getting it? If the answer is yes to any of the…

With many parts of Australia devastated by bushfires many lenders & Life Insurers are offering support to their clients whether they be home owners, business owners or employees of businesses that have been affected by the fires. We have received numerous emails from lenders and insurers indicating they will assist their clients. Some of the…

Good article from news.com.au about some of the many benefits of saving into super. One quarter of workers are boosting their superannuation through salary sacrifice and potentially giving themselves hundreds of thousands of extra dollars at retirement. New research has highlighted the double reward savers can get from salary sacrifice – a bigger nest egg…

Good news…… It looks like the GFC is finally behind us in the Stockmarket. On 16 January, 2020 at 10:03am the ASX 200 hit 7000 points for the first time ever! We are now moving into new territory in terms of share growth. We are hoping that this year is another good year. Fingers crossed!

Legislation limiting cash payments to $10,000 has already passed the Lower House of Parliament late last year. Will this controversial new law pass and signal the beginning of the end for the use of cash as is already beginning to happen in other countries such as Scandinavia. How would this effect you? Read more from…

Good news about our languishing property market is now re emerging in the media. Super cheap money coupled with lower prices may see a surge in buying Phil Sydney and Melbourne house prices will soon be growing at double-digit rates ANZ says the Sydney and Melbourne property markets are likely to accelerate by the middle…

September 2019 Good News – Property markets starting to recover! Some positive news at last from our depressed property market which is starting to turn the corner and show signs of making a comeback.. Read more here from ABC News…

Please find below an interesting article for you to read and consider, we often see this play in practice. Why we trick ourselves about our finances..

Sydney, Canberra & Melbourne – Property bargains to be had – April 2019 If you’re in the market to buy a property you are coming into some good buying months with prices well down for the first time in nearly 2 decades!  On top of that the banks appear to be loosening their tight credit…

Tuesday night saw the first Federal Budget handed down by Treasurer Josh Frydenberg. It was a cash splash just minutes before we head to the local primary school for the Federal elections, the date of which we expect will be announced this weekend. The Government is very proud that they are on track to head…

The Sydney residential property market – right time to buy, not so good to sell! March 2019 Property expert’s give the  latest results of the falling property market prices particularly in Sydney and Melbourne.  There appears to still be more downside in these reducing market prices. The time to buy will get better and better…

Update from one of our fund managers – Bennelong Australian Equity Partners – regarding recent market fluctuations and their methodology for investing.   Watch a video from Bennelong’s investment director Julian Beaumont, here….  

Hot off the press yesterday we have just read this following pending announcement from the Treasurer, Josh Frydenberg and wanted to get this info to you urgently. Epic timing for all crew close to or over 65 already considering taking the current QF Redundancy. There is a slim possibility that Labour may move to remove…

October has (once again) spooked the markets in the lead up to Halloween and so we have had some interesting conversations with some clients recently around the stock market volatility and the sensationalist media headlines that inevitably follow. As your Chrysalis advice team we’re constantly paying attention to market volatility across all asset classes, including…

  The Australian Lending Journal ALAN KOHLER After the GFC, the banks stopped lending to residential property developers; after the BRC (banking royal commission) they have stopped lending to the developers’ customers — investors in new apartments. That’s an oversimplification, but not much of one. In 2009 a new industry emerged — “re-emerged” might be…

I expect you will have seen some media attention on the softening property market and bank lending by now. We expect this to continue for some years. Chrysalis would like to alert you to the fact that refinancing your loans or taking up a new loan is about to get much much harder.  You may want…

Research just released reveals impending Mortgage Stress with likely further falls in property values.  There are some changes coming as a result of the Royal Commission and political environment which will put pressure on your hip pocket. Many Aussie investors are not prepared for what is likely to come in the form of 30% –…

Life is not necessarily a bed of roses when you’re famous.  The following is an interesting article on Aretha’s money troubles and the need for Trusted advice.  We shouldn’t be going it alone!   Read more here from The Age

Read the full article from the Australian Financial Review here…

The following article appeared on the Australian Financial Review Website.  We thought it may be of interest…   Read more of this article here…

  Were you planning to buy a residential property inside your superfund?  Do you know someone who is? You may need to think again! Yesterday our mortgage specialist advised they had received the following announcement from Westpac & St George with the other banks expected to follow suit shortly ……”   Effective 31 July 2018 we will…

Home prices in Australia’s two largest housing markets of Sydney and Melbourne are falling, and more falls are expected later in the year. So far this year, home values are down 1.9 per cent in Sydney, and 0.5 per cent in Melbourne, the latest data from property analytics group CoreLogic shows. Prices have fallen 1…

We have had a few calls/emails from clients and have been closely watching the market falls over the past 2 days and we thought you may find it helpful to hear from us re what these might mean for you. I have held a teleconference with the Chrysalis Investment Committee analysts over the issue and…

“Bitcoin and Cryptocurrencies are getting a lot of attention in the media at the moment and they certainly are in our inboxes!  My inbox is riddled with Bitcoin spam. Several clients have questioned whether this new currencies frenzie is worth considering.  We think it is unregulated, limited and likely to lead to future losses as…

The Sydney Morning Herald Sydney homeowners are losing confidence in the auction market, with the proportion of sellers withdrawing their properties from auction surging in November. Continue reading the article here..  

Dwelling value growth has slowed as demand from investor’s falls; is this just a coincidence or does it highlight just how reliant the housing market has become on demand from the investor segment?   Continue reading here..  

Australia’s housing market sits atop a pile of increasingly vulnerable debt, according to Citi researchers, who on Friday outlined how the glory days for multiple property investors and interest-only borrowers could soon become a nightmare. To read more click here..

The Sydney Morning Herald Going, going, gone: A global investment bank has called the end of Australia’s world record housing boom, saying the golden years are “officially” over after home prices fell in Sydney for the second month in a row.   For more information, click here for the full article

We are presently helping a family deal with the repercussions and issues arising from the sudden loss of their father. What is becoming abundantly clear is that the legal world at death is complex, technical and fraught with dangers.  It’s a very difficult thing for family members to navigate the emotions and conflicting interests without…

ABC News has broadcast very interesting research findings regarding mortgage stress for Australians.  There is trouble brewing for property prices in Australia.  This is great news if you plan to buy and maybe not so good if you plan to sell. Whilst we don’t anticipate any significant rise in interest rates, it is certain that…

Why we need to talk more about our Money ALMOST one-third of Australians never talk about money — with anyone — and more than half have given up on a personal dream for financial reasons, new research has found. CLICK HERE

What’s ahead for Property? We all know that the values of property have gone nuts particularly in the past 4 years.  Values are too high and they must fall.  We are now looking at the end of a 15 year bull market for property which has cushioned us from the ‘hard landing’ we would have…

Libby Cantrill, PIMCO’s head of public policy, discusses the policy outlook and market implications following the unprecedented U.S. election victory for Donald Trump.

By Perpertual Investments. Last night the Turnbull government handed down the 2016 Federal Budget. It announced immediate tax cuts for small business, plans for a lower corporate tax rate in the long term and significant changes to superannuation. In our annual review of the Federal Budget we have analysed several measures we think will impact our…