292 Payneham Road, Payneham SA 5070

(08) 8362 0060

(08) 8362 0061


January 2018 – pool side

January 2018 – pool side

At the start of another New Year we wish everyone a happy, healthy and prosperous 2018. Whether you are on holidays or back at your desk, we hope you had time to recharge and refresh over the summer break.

There was no let-up in the flow of economic information in December. The US Federal Reserve lifted its benchmark interest rate for the fifth time since the financial crisis, signalling its confidence in the US economic recovery. The safe passage of President Trump’s corporate tax cut through Congress also augurs well for growth.

In Australia, the Mid-Year Economic and Fiscal Outlook revealed the Government now expects a budget deficit of $23.6 billion in 2017-18 (1.3 per cent of GDP), down from earlier estimates of $29.4 billion, due to improved employment and business profits. The deficit is expected to narrow to 0.1 per cent of GDP within three years. The latest ABS data showed profits were up 26.9 per cent in the year to September, while job ads rose 12 per cent in the year to November. The NAB monthly business survey showed business conditions in December were close to the best they have been in 20 years. Despite slow wage growth of 2 per cent in the year to September, consumer confidence is also improving. The Westpac Melbourne Institute consumer sentiment survey rose 3.6 per cent in December, buoyed by continuing low prices and low interest rates. Inflation remains at 1.8 per cent while the official cash rate was unchanged in 2017 at 1.5 per cent.

Read more from our January 2018 update here:

If you would like to discuss your financial position and existing strategy, give us a call on 08 83620060

Owl Financial Management ( OwlFM ) is an Adelaide Based Financial Planning Business. Contact on us 08 83620060

Financial Advisor Adelaide

We are an award winning practice that has been providing financial advice to South Australians since 1969. We really enjoy getting to know our clients and building a relationship with them that lasts over many years. We have a diverse range of clients from mum and dad to AFL players to ASX CEOs. All of which have a diverse range of financial advice needs and very different relationships to maintain. Our clients describe a 'breath of fresh air', personable, expert and people with high integrity. Clients have also mentioned that they are not treated as a number and the advice is specific to them. Working with clients for clients.

Financial Planner Adelaide

The one most rewarding thing about being a financial planner in Adelaide is when you have been working collaboratively with a client in developing and building their goals and objectives and the come to fruition. This give both the clients and myself a real sense of achievement and to use the famous quote 'are we there yet?' and together we can say YES! There has never been a better time to look towards what you want to achieve and start a financial plan so you can get there too.

Financial Planning Adelaide

A person's financial story is like a jigsaw puzzle... "lots of pieces needing to be put into their correct places". A financial adviser can assist a client to put the pieces in the right places by having a series of simple conversations about where a they are currently situated, where they want to be and what strategies can assist them. Every client has a different financial story and goals. Each jigsaw puzzle will always be different. A good financial adviser is experienced at putting together a wide range of jigsaw puzzles. Helping a client put their own puzzle together and seeing their satisfaction is a wonderful feeling.

Barry Phillis, Chris Scriva, Paul Cetrangolo and Owl Financial Management Pty Ltd are Authorised Representatives of GWM Adviser Services Limited Australian Financial Services Licensee Registered Office at 105-153 Miller Street North Sydney NSW 2060 and a member of the National Australia group of companies.

GENERAL ADVICE WARNING: The advice on this site may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial advice prior to acting on this information.

Opinions constitute our judgment at the time of issue and are subject to change. Neither, the Licensee or any of the National Australia group of companies, nor their employees or directors give any warranty of accuracy, nor accept any responsibility for errors or omissions in this document. View Terms & Conditions >