Acorn Financial Services

13/07/2020

With Australia in a COVID-induced recession, residential property is not immune to falling economic activity. Yet housing prices are proving surprisingly resilient.

Only months ago, economists were forecasting a housing price slump of 20 per cent or more. Now, most have revised their forecasts to price falls of between five and 10 per cent.

With Australia in a COVID-induced recession, residential property is not immune to falling economic activity. Yet housing prices are proving surprisingly resilient. Only months ago, economists were forecasting a housing ... Read More

13/07/2020

After 28 years Australia’s record economic expansion ended due to the COVID shutdowns, below is a video to assist you to stay up to date with the latest indicators.

13/07/2020

As May unfolded, hopes grew of economic re-opening, below is a video to assist you to stay up to date with the latest indicators.

13/07/2020

The start of the financial year is always an excellent time to take stock of your current situation and visualise where you’d like to be in the future.

It’s fair to say this year hasn’t been ‘business as usual’! While no-one could have predicted the first six months of 2020, nor want to repeat them, it’s likely there have been lessons learned. So as you review and set new goals, consider any takeaways from lockdown and how they have influenced your goals and path for the future.

The start of the financial year is always an excellent time to take stock of your current situation and visualise where you’d like to be in the future. It’s fair ... Read More

13/08/2019

We don’t think twice about taking our car in for a regular tune-up. Why?
Because we know it’s going to mean our car runs at its best and saves unexpected problems down the track. It follows then that we should take the same approach to other areas of our lives.
From our goals to our finances, to our health, there’s so much to be gained in checking in regularly to make sure everything’s tracking well.

Checking in on your goals, finances and health We don’t think twice about taking our car in for a regular tune-up. Why? Because we know it’s going to mean our ... Read More

09/08/2019

Australia’s All Ordinaries Index and ASX200 finally broke through their 2007 record highs set before the GFC. While there is speculation on the possibility of additional rate cuts in the near future, the RBA’s decision this month was to hold the cash rate at 1.00%.

We also look at the other economic indicators that paint a picture of the health of the economy, including consumer sentiment, movements in the Australian dollar, unemployment and wages as well as the state of the property market across all of the capital cities.

10/05/2019

Your financial well-being and plans for the future can be impacted by various economic events, so below is a video to assist you to stay up to date with the latest indicators.

The Federal election on May 18 bookends a busy period on the national political and economic front which began with the Federal Budget on April 2.

While there is speculation on the possibility of a rate cut in the near future, the RBA’s decision this month was to hold the cash rate at 1.5%.

We also look at the other economic indicators that paint a picture of the health of the economy, including consumer sentiment, movements in the Australian dollar, unemployment and wages as well as the state of the property market across all of the capital cities.

03/04/2019

Treasurer Josh Frydenberg has delivered a ‘back in the black’ Budget aimed squarely at voters, stressing the Morrison Government’s commitment to financial discipline and low taxes.

As expected, the Treasurer signalled sweeping tax cuts and major infrastructure spending if the Coalition wins the upcoming federal election widely expected to be held in May.

Paving the way to an election Treasurer Josh Frydenberg has delivered a ‘back in the black’ Budget aimed squarely at voters, stressing the Morrison Government’s commitment to financial discipline and ... Read More

06/03/2019

The Australian economy began to show signs of slowing in February, on global concerns about the US-China trade war, Brexit and higher oil prices; and falling property prices locally.

We also look at the other economic indicators that paint a picture of the health of the economy, including consumer sentiment, movements in the Australian dollar, unemployment and wages as well as the state of the property market across all of the capital cities.

05/03/2019

Money makes the world go around. But when it comes to relationships, it can sometimes stop them in their tracks.

Navigating love and money can be tricky, but it’s simpler when you learn to communicate about finances in an open and transparent manner.

Money makes the world go around. But when it comes to relationships, it can sometimes stop them in their tracks. Navigating love and money can be tricky, but it’s simpler ... Read More