The final RBA Board meeting of the year saw a continuation of the loosest monetary policy arrangements Australia has ever seen.
For a Family Office to thrive the executive needs to engage successfully with their key stakeholders – members of the family. Whilst this can be done in a variety of different ways, one which deserves more focus is inclusivity.
As foreshadowed by KPMG the cash rate has been reduced from 0.25% to 0.10% at today’s RBA Board Meeting.
As important as creating a vaccine may be, it’s just as essential to distribute it, and that requires a very specialised form of logistics that has long been neglected.
People, not technology, build the strongest sense of customer loyalty.
Today’s Labour Force survey shows that the Australian economy was continuing to recover in September despite the unemployment rate ticking up to 6.9 percent.
The Government has gone ‘all-in’ with the Budget, betting on the private sector to pony up and drive the post-coronavirus economic recovery for the nation.
The size of this current economic and social catastrophe brought about by COVID-19 is one we haven’t seen in nearly 80 years. It will take time to come back from this. But our nation can.
COVID-19‘s world-wide impact on customer expectations and priorities was immediate and widespread across all sectors and demographics with consumer expectations going ‘back to basics’.
While COVID-19 has been a traumatic experience for everyone and has damaged economic activity, it has nonetheless been a catalyst for some positive and long-lasting impacts on businesses.
Despite the challenges, it is encouraging to see a generally upbeat mood among the CEOs, CFOs and directors surveyed in terms of prospects for the next few years.
The latest GDP results shows the national economy screeched to halt in the June quarter of 2020, declining 7 percent from the previous quarter, to be down 0.2 percent year on year.
Among the myriad reasons to hope for a vaccine for COVID-19 is that an ongoing shortfall in skilled immigration will significantly damage Australia’s medium-term economic fortunes.
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