Extraordinary Coordination – MST November Newsletter
There continues to be a two-steps-forward-one-step-back process in dealing with the pandemic. A rising number of new cases in the northern hemisphere suggests we are currently taking a step back. There are now roughly 500,000 new daily cases of the virus which is a record. The recent increase in the number of cases can potentially …
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Heritage Capital Forms Investment Committee
HERITAGE CAPITAL ATTRACTS LEADING ANALYST AND STRATEGIST TO FORM NEW INVESTMENT COMMITTEE. Heritage Capital has appointed respected equity analyst Hasan Tevfik and investment strategist Giselle Roux to join its newly-formed Investment Committee. Their appointments will bolster Heritage Capital’s investment processes and lead to new investment insights amid challenging market conditions as the fallout from the …
Federal Budget 2020-21 Overview
This year’s budget is firmly focussed on supporting Australia’s recovery from the first recession since 1991 and worst economic performance since 1959. Real GDP is projected to shrink by 1.5% in 2020-21 and the unemployment rate is set to peak at 7.25% before rebounding in the following years. Given the fall in tax revenue and …