The federal government today announced details of its “unprecedented” $66 billion second stimulus package to “cushion the blow” of the coronavirus on the economy…
Today, the Reserve Bank of Australia unveiled a stimulus package of measures to “support jobs, incomes and businesses through this difficult period and they will also assist the Australian economy in the recovery.” Read on…
We're here to help (a message to clients of Westmount Financial):
Like all Australians, we’re closely monitoring the latest developments in relation to coronavirus. I wanted to reach out personally to let you know that we’re here to support you and your family at this time….
Donald Trump’s effort to calm markets has backfired. The ASX is well and truly in bear market territory, at least for now, as the fallout from coronavirus shakes global market confidence.
Markets are at risk of a short-term correction given the large gains since the last greater than 5% correction into August and given the risks around Covid-19. But beyond this it’s a lot more complicated than the bears would have it….
