In this investment podcast, Nucleus Senior Financial Adviser Samuel Kerr, Chief Economist Leith van Onselen, and Chief Strategist David Llewellyn-Smith gave an update on the state of the Australian economy that the new government is receiving.
View the presentation slides here:
https://nucleuswealth.com/wp-content/uploads/2022/05/Podcast_slides.pdf
Agenda:
Current economic conditions superficially good.
Outlook poor due to rising inflation and interest rates.
Cost of living pressure biting.
Lots of factors out of Labor’s control.
Economy set to deteriorate sharply as household consumption dives.
Labor likely to be blamed when proverbial hits the fan.
Risks Labor once again being tagged as “poor economic managers”.
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Nucleus Wealth is an Australian Investment & Superannuation fund that can help you reach your financial goals through transparent, low cost, ethically tailored portfolios. To find out more head to https://nucleuswealth.com/
The information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796