Month: December 2020

Economic Update Video – December 2020

by victoria
November was an extraordinary month for the global and local economy. Early indications are that swift action by the government and the RBA have limited the impact of the COVID recession. 

Economic growth is now forecast to contract 4% in 2020, before rebounding 6% in the year to June 2021.

Joe Biden’s US election victory released a pressure valve on global markets with US shares reaching new historic highs and Australian shares rising more than 9% over the month. Continue reading “Economic Update Video – December 2020”

December 2020 Newsletter

by victoria

December and summer are finally here, along with a renewed sense of optimism that strict lockdown measures will ease by Christmas. It’s been a tough year, but once again Australians have proved extremely resilient. We wish all our clients and their families a relaxed and happy Christmas.

November was an extraordinarily action-packed month for the global and local economy. Joe Biden’s US election victory released a pressure valve on global markets, with US shares reaching new historic highs and Australian shares up more than 9% over the month. Continue reading “December 2020 Newsletter”