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.

We look at a few statistics on what has happened with the economy so far and insights into what's to come.

but it could have been much worse...

Key points

• 2019-20 saw a rough ride for investors as coronavirus hit resulting in small losses for well diversified investors.

and what it means to you?

Here are practical key points for you to consider.

What does it mean for the bear market in shares?

Key points

• Global share markets have fallen into a bear market, but whether this turns out to be long or short depends on how long the hit to the economy from coronavirus lasts.
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On 22 March 2020 the Government announced a further package of measures designed to stimulate the economy and assist individuals and businesses with mitigating the negative economic impacts associated with the Coronavirus pandemic.