Australian Economy

Key points

• 2020 was dominated by the coronavirus pandemic but shares saw okay returns on the back of policy stimulus and vaccine optimism – resulting in constrained but positive returns for balanced growth super funds.
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As Australia continues to weather the COVID storm, it’s easy to only focus on the present.

Key points

• Australian growth is likely to remain weak over the next year. Expect further monetary & fiscal stimulus.
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<3 class="lead">Happy end of financial year! Bill Bracey of Sydney Financial Planning provides an economic update for the new financial year (July 2019).</3>

Over the past 5 years, I have written annually where I thought the property market was, and what was likely to happen moving forward. So far I’ve had a 100% success rate. I guess I wouldn’t be writing this if I got it wrong.