Stay up to date with what’s happened in Australian and global markets over the past month. Our May update video takes you through key economic indicators so you can understand how the Australian economy is faring as we recover from the COVID-19 induced recession of 2020.
November was an extraordinary month for the global and local economy. Early indications are that swift action by the government and the RBA have limited the impact of the COVID recession.
The Federal Budget on October 6 was the start of a pivotal month on the economic scene.
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…
