The Covid situation took a turn for the worse, as spiraling infections saw new lockdowns introduced in Australia. The government has suggested all restrictions can be lifted once 70% of the adult population has been fully vaccinated. Until then, the outlook for...
As one of Australia’s favourite assets, residential property is no stranger to news of a market bubble. Property works a little differently – making the cycle of house price rises less of a bubble and more of a balloon. Quick take: what’s a bubble? In short, a...
When the COVID-19 pandemic hit Australia in March 2020 it brought immediate and severe financial gloom. Shares plunged 37% and the economy slumped to its first recession in nearly 30 years. However, against that backdrop, 2020 turned out far better for diversified...
Risk assets including equities and credit continued to power ahead in April. Locally, the share market and the Australian dollar were supported by rising commodity prices. Investors continued to monitor Covid cases and the pace of vaccine rollouts worldwide....
As the COVID economic landscape continues to take shape, Australian Federal Treasurer Josh Frydenberg has handed down the 2021-22 Federal Budget. Among the proposed changes, he announced continuing tax relief for lower earners, help for older Australians to save for...
Key points Global recovery is on track – vaccines are working. The end of JobKeeper won’t derail Australia’s recovery. Inflation could become an issue in the medium term. Shares are at risk of a correction but remain supported by economic and earnings recovery....