A recession is classified as two consecutive quarters of negative growth. Economy contracts by 7.0 per cent in June quarter, the biggest drop since the Australian Bureau of Statistics started plotting the national accounts in the late 1950s and confirming the first recession in almost three decades.
Where to start: money in versus money out
Contributing Advisers - Together Australia
Check out the Together Australia site for current articles and great ideas to manage your money. You can even join the discussions and ask questions on anything financial. Keep an eye out for my contributions.
How to get out of debt
Financial counsellor or financial planner: What’s the difference?
Financial planning is all about developing strategies to build your wealth and reach your financial goals, such as achieving financial independence or having a comfortable retirement. A financial planner, sometimes called a financial adviser, will work with you to develop a financial plan and make suggestions on how to achieve it.
Australian Ethical lifts earnings guidance
[VIDEO] How do I get stable passive income?
Making the most of your investment property at tax time
How worried should investors be about a “second wave” of Coronavirus cases?
The past week has seen a flurry of concerns about a “second wave” of coronavirus cases. It started when US infectious disease expert Anthony Fauci warned the coronavirus outbreak is not over and media started to focus on more than 20 US states seeing a rising trend in new cases, and then over the weekend, China reported a cluster of cases in Beijing around a market.
Ever contemplated investing in shares but don’t know where to start?
Not so taxing: making the most of your investment property at tax time
Webinar Replay: Surviving economically during difficult times
The Importance of Staying Invested in Volatile Times
Market volatility is one of the most reliable things that you can predict. You don't know what prices are going to do next month, next year. The one thing we know is that prices are going to move around, and what we see is that prices often move around more than fundamentals, more than the underlying cash flows.
Speech by Governor Philip Lowe
The threat to Australian house prices from Coronavirus
Five charts on investing to keep in mind in rough times like these
Financial Advice: A brief overview of the Melbourne property market
Understanding investment risk and return
Three reasons why low inflation is good for shares and property
Share markets are at or around record levels despite lots of worries, particularly around the coronavirus (Covid-19) outbreak. A common concern is that this is because central banks (like the Fed and the RBA) are distorting market forces and just want higher asset prices. And flowing from this its argued that prices for assets like shares and property are overvalued, record highs are artificial, and a crash is inevitable.