Welcome back to another edition of your weekly Covid-19 Recap. It is no exaggeration to say that hysteria has gripped Australia. If the empty shopping aisles didn’t give it away, then the recent movements in global stock markets has made it abundantly clear. Trump’s recent announcement of a 30-day travel ban on all flights between …
The coronavirus has mutated yet again; from bats, to humans, and now even the ASX market. “The risk of a pandemic is upon us.” Scott Morrison was correct to say that Australia should prepare for a pandemic and we have well and truly felt it this week. Per the All Ordinaries Index, Australian shares have …
Stalling wages growth and the 11-year record low Aussie dollar – a sign of the times? If you were planning to go on exchange anytime soon, you might want to put your plans on hold. Because the last time the Australian dollar traded this poorly, was during the Global Financial Crisis in 2009.
Scorching fires, thick plumes of smog, and irreversible damage to local ecosystems; this has been the reality of the eastern states of Australia for the past four months. In particular, this recent season has proven to be far more severe than any other in history. Not only did the bushfire season begin earlier and end …
Headlining the news these past few weeks, the Reserve Bank of Australia has maintained the cash rate at 0.75% despite ongoing concern from Coronavirus hindering short term growth. Last fortnights decision to maintain interest rates at a record low of 0.75 percent is reflective of the slowing economic conditions in Australia which are forecast to …
