Australian Economy

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.