Welcome to the November edition of The Runway Report Newsletter, our monthly market and economic update prepared specifically for Australian Expats. Each month, we provide informed commentary on the latest developments in financial markets, economic trends, and policy changes that may impact Australians living and investing abroad.
In this month’s edition, we discuss:
📊 A Note from the Director – Maintaining a steady, disciplined approach through evolving market conditions remains the most effective strategy for achieving long-term financial objectives.
🌏 Expat Insight – The Australian Government has announced proposed changes to the taxation of superannuation balances exceeding certain thresholds. We outline the implications of these adjustments for Australian expats and high-net-worth investors.
💹 Market Movements – Australian equities reached record highs in October before closing the month with a modest 0.4% gain in the S&P/ASX 200. In contrast, Japan’s Nikkei 225 delivered a strong performance, rising 16.6% over the same period.
🏦 Economic Update – Stronger-than-expected inflation data prompted the Reserve Bank of Australia to maintain the cash rate at 3.6% in November, reducing the likelihood of a rate cut in December.
The Runway Report Newsletter is designed to keep Australian Expats informed about the latest financial developments and support sound decision-making in a global context.
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To learn more about how Runway Wealth Management can assist you on your Expat journey, be sure to check out our website here: https://www.runwaywealth.com/
What is Behind The Advice Australia?
The go-to podcast for Australians living abroad who want to take control of their finances and make the most of their expat experience. Hosted by Mitchell Kelsey, a Financial Adviser at Runway Wealth Management—one of the leading firms specializing in financial advice for Aussie expats—this podcast dives into expert insights, strategies, and real-life stories. Each episode features conversations with professionals from various industries, along with Mitchell’s own firsthand advice, helping you navigate the financial challenges and opportunities of life overseas.