Economic Update – July 2020

2020 will undoubtedly be etched into the history books. The impact of the coronavirus on global health and economies has been swift and unrelenting. We must remember this is firstly a health crisis, and secondly an economic/financial crisis; and therefore, …

Economic Developments Australia: The Reserve Bank of Australia (RBA), held the Cash rate at a record low of 0.75% on 4 February, while facing a Chinese economic slowdown in part due to Coronavirus concerns, and Australian bush fires potentially slowing …

Economic Developments Australia: The Reserve Bank of Australia [RBA], held the Cash rate at a record low of 0.75% on 3 December. In commentary the RBA advised that the Australian economy had reached a ‘gentle turning point’, with improvement in …

Economic Developments Australia: The Reserve Bank of Australia [RBA], held the Cash rate at a record low of 0.75% on the 5th of November. Economic consensus suggests the market expects at least two rate cuts by mid-2020. In commentary, the …

The company business cycle is speeding up. In the 1920s companies could expect to remain in the US S&P500 Index for approximately 70 years. Today companies are averaging a life in the US S&P500 of approximately 15 years. One of …

Economic Developments Australia: The Reserve Bank of Australia [RBA], reduced the Cash Rate to a record low of 0.75% on 1 October, well below the yearly inflation rate of 1.6%. This also took bank Term Deposit rates below the inflation …