Keeping the economy moving
The Morrison Government's mind-bogglingly large support packages to get Australians through the COVID-19 shutdown have dominated headlines, and rightly so. Only months ago, the Australian economy was in relatively good shape and headed for a Budget surplus.
It's not just the Government that has swung into action. Behind the scenes, the Reserve Bank of Australia (RBA) has also pulled out all stops to keep the economy moving. RBA monetary policy is...
Sticking to investment principles
The reporting on COVID-19 has caused panic and fear across global markets and economies. The topic is now a permanent fixture across all aspects of media.
From a financial perspective, there are two possible paths:
1. A recession across multiple countries driven by a partial shutdown of industry and the workforce; or
2. An economic recovery driven by a two-pronged fiscal and monetary stimulus from governments, coupled with a realisation that the vir...