Insights To Get You Started
The Australian Recession
While the COVID-19 pandemic has impacted financial markets, there are still ways your investments can work hard. Here, we look at what a recession is and explore four strategies for smart investing during this time.
How has Covid-19 changed our spending habits?
Despite some signs of an economic recovery, the Australian consumer remains guarded when it comes to confidence around spending. The main concerns centre on employment, cash flow certainty, managing personal finances, building and protecting future wealth, and planning for retirement.
The Financial Year that was
Equities rallied to new highs by early January…
As far as financial markets were concerned, FY20 was “one for the ages”. The financial year started with equities struggling to make headway from July to September in the face of US-China trade tensions and an associated manufacturing slowdown. However, late 2019 saw equities rally as central banks enacted a ‘U-turn’ on monetary policy and US-China trade tensions eased, triggering a global manufacturing recovery. The rally received further fuel in early January when the US and China negotiated a ‘Phase 1’ trade deal, seemingly reducing the risk of a trade war.