The 2020-21 Australian Budget – spend, spend, spend as the focus remains on recovery and jobs, jobs, jobs
The 2020-21 budget is a long way from the 2019-20 “back in black and back on track” budget. Last year, it was all about delivering the long-awaited budget surplus. This year it’s all about spurring recovery.
Global share markets were mixed over the last week with Japanese shares up strongly, but US and European shares down slightly partly on profit taking after a run of strong gains along with concern about rising
2020 turned out far better for diversified investors than had been feared when the pandemic hit triggering plunging share markets and deep recessions, with average balanced growth superannuation funds
Global share markets pushed higher again over the last week as the roll out of vaccines and US stimulus optimism offset uncertainties about the near-term impact from lockdowns. While the latest coronavirus outbreak in
The Australian Government’s Mid-Year Economic and Fiscal Outlook – peak deficit has likely been seen
The Federal Government has updated its budget deficit projections and economic assumptions in the Mid-Year Economic and Fiscal Outlook (MYEFO). Thanks to a combination of stronger than expected economic growth
Global share markets had a pull back over the last week with the absence of a new stimulus deal and rising new coronavirus cases in the US weighing. For the week US shares fell 1%, Eurozone shares fell 1.3%, Japanese shares
2020 didn’t exactly turn out the way I or many expected a year ago. For Australia, the year started badly as severe drought had given way to the worst bushfires on record. But just as the bushfires were receding
Global share markets pushed higher again over the last week, helped by mostly good economic data, renewed progress towards additional fiscal stimulus in the US (which may have been given a push along by a softer than
Global share markets pushed higher again over the last week as positive vaccine news helped offset fears about the short-term economic impact of lockdowns in the US and Europe. For the week US shares rose 2.3%
For some years now Modern Monetary Theory (MMT) has been gaining prominence as a solution to the perceived failure of traditional economic policies to achieve full employment & meet inflation targets, despite
While the US S&P 500 fell slightly over the past week on the back of rising new coronavirus cases, tightening distancing restrictions and a spat between the US Treasury and the US Federal Reserve (Fed), other
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