Market Wrap May 2022
Our monthly review of local and global investment, employment, shares, currency and asset performance. In May, inflation kept escalating.
Our monthly review of local and global investment, employment, shares, currency and asset performance. In May, inflation kept escalating.
Australian Equities perform well with all GICS sectors positive. Global shares had a mixed month, Australian shares performed well and the AUD$ gained against the USD$ but fixed income returns for the month were again exceptionally poor.
From 1 July 2021, employees can claim a tax deduction for COVID-19 tests that are purchased for work purposes. Find out more about the record-keeping requirements to claim the expense.
We highlight the importance of having options when it comes to aged care planning and getting it right to suit you.
A piece to get you thinking about the intrinsic value, and potential benefits, of setting aside time to reflect on 2021 and plan for 2022.
Recent GDP figures showed economic growth contracting in the September quarter as expected given the COVID19 restrictions imposed, however, going forward leading indicators suggest the economy is continuing to bounce back strongly.
Carrick Aland wishes to thank our clients for your continued support, including welcoming all our new clients who entrusted their affairs to us in 2021.
Unfortunately, the potential to experience financial difficulty due to COVID-19 still persists. In this article, we provide a brief overview of two key Government COVID-19 financial support measures.