Economic Update Video – October 2020
On October 6th the Government will outline one of the most important Federal Budgets in living memory.
On October 6th the Government will outline one of the most important Federal Budgets in living memory.
The Reserve Bank forecasts the economy will contract 6% this year before rebounding 5% in 2021. The recent company reporting season provided an insight into the financial impact of COVID-19 on the economy and for investors. Only 75% of ASX 200 companies reported a net profit in the year to June. Full-year earnings were down…
The government’s July budget update gave an insight into the economic impact of COVID-19. The economy contracted by an estimated fall of 2.5% in 20-21.
After 28 years Australia’s record economic expansion ended due to the COVID shutdowns, below is a video to assist you to stay up to date with the latest.
As May unfolded, hopes grew of economic re-opening. Reserve Bank Governor Philip Lowe told a Senate Committee…