What impact will money printing have ? Worth considering when looking at the current state of global economies and strategies to stimulate ‘real growth’
The #coronavirus will trigger a long-term increase in working from home. The home must change. Multiple workstations for parents & kids. Broadcast outlet in home office. Convert garage to home gym & groc storage. Replace pretty garden with veggie patch. W/E Australian Mag p28.
This is concerning on a number of fronts. Consumer spending is a key driver of our economy. If there are less jobs, there is less spending. The true impact of Covid-19 from an economic perspective.
In the coronavirus crisis, investors are hoping @WarrenBuffett will reveal what he once described in his annual letter: "Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold."
https://t.co/lwC76s2FtY
#ausbiz
Australia can't afford for the virus to kill globalisation because now more than ever our return to prosperity depends on an open global trading system, writes Madeline King.
https://t.co/x1StZ7WmQs
With unemployment / underemployment rising, how does the economy start to recover? 80% of the economy is impacted by consumer spending. Will be interesting to watch how the market reacts !!!
With so much uncertainty in the economy managing your personal finances is critcal. Who has a monthly budget and reviews their cash flow on a weekly basis ? Businesses do it. Households should do it also.
Maybe a rule that a set % is agreed for all Australians based on their portfolio balance ? While we need to manage the now we also need to keep an eye on the future
Politicians are already being inundated with emails and phone calls from people who want to draw on their share of the nation's $3 trillion superannuation pool to cope with the coronavirus crisis.
https://t.co/XbBKnbeuDh
The great thing about a self-managed superannuation fund is that it’s possible to change absolutely everything, writes Meg Heffron.
https://t.co/33aOIG0Qp8
#ausbiz
October can traditionally be a tough month for share markets. So far, this October is proving to be no different. It is down 5% so far. Is this just another dip or the start of something bigger? #Insights#OPW#sharemarket
Credit growth was a key support for economic growth. Now that businesses ,consumers and investors are borrowing less what will support the economy in its place? #insights#OPW#economy