Sydney Wealth Management Update Spring 2024

Welcome to our latest Wealth Update – Spring 2024, brought to you by Pitcher Partners Sydney Wealth Management.

This edition covers the following topics:

Superannuation and age pension rules update

Are you up to date on the recent changes to superannuation contributions and age pension rates? With many of these rates and rules set to change, we examine what these updates could mean for future retirement income streams and detail the potential opportunities presented. Read on to learn more.

Reporting season update – Australian and international equities

A mixed outlook across Australian portfolios, with volatile commodity prices influencing performance and strong results from the tech and healthcare sectors. Meanwhile we continue to see international portfolio holdings performing above expectations even facing economic headwinds such as higher interest rates or weaker growth. The resilient demand for Artificial Intelligence (AI) tools and solutions remains a tailwind to technology holdings whilst geopolitical factors remain a potential risk with several countries undergoing major elections by year-end.

Get an in-depth view into our findings below.