, ,

2020/21 Federal Budget Review

, ,

  • Big assumptions and big debt the eye catchers.

  • Tax cuts offer more disposable income for workers.

  • Another two small stimulus payments for various social security recipients .

  • Changes to help investors maintain a single superannuation account.

  • More funding for seniors home care.

  • Various asset write offs and incentives for business.

, , , , ,

Stocks, Sectors and the Economy

, , , , ,

The economic devastation in contrast to the stockmarket racing higher may seem perverse, but it’s not necessarily wrong. Some companies and sectors aren’t even affected. They have global operations and revenue pouring in from various jurisdictions where things are looking better.

2020 June Quarter Review

  • COVID-19 continues to dominate news.

  • GDP falls across the globe, with Australia proving resilient during the quarter.

  • Strong response from Central Banks and Governments to support economies.

  • Global sharemarkets stage strong recovery after March quarter falls.

Ready to take the next step?
ph. (02) 9052 6420

e. info@spencerprivatewealth.com.au