Weekly economic update - 31 August 2020

Podcast & PDF

Information for advice professionals only.

This week's podcast explores how in 2020, the coronavirus has become the key driver for the economic outlook. The prevalence of cases has determined the restrictions imposed and the impact on confidence.

Listen to the podcast below or download the economic outlook commentary - August 31.

 

You can also access this podcast via Soundcloud.

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This week’s podcast covers possible changes to some social security payments as a result of no automatic indexation of payments in September 2020, continued speculation around changes to the rate of super guarantee and what’s in store for Parliament when it resumes next week.
Podcast & PDF
This week’s podcast covers legislation debated in Parliament since resuming earlier in the week, the announcement from the Assistant Minister Jane Hume that the single disciplinary body will be delayed until the end of next year as well as an update on the Early Release super statistics and APRA’s quarterly super statistics.
Podcast & PDF
This week’s podcast covers possible changes to some social security payments as a result of no automatic indexation of payments in September 2020, continued speculation around changes to the rate of super guarantee and what’s in store for Parliament when it resumes next week.
Podcast & PDF

Disclaimer: This commentary has been prepared by Westpac Financial Services Limited for use by advisers and must not be made available to any client. The commentary provides an overview only and should not be considered a comprehensive statement on any matter or relied upon as such. Projections given are predicative in character and whilst every effort has been taken to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The results ultimately achieved may differ materially from these projections. This commentary may also contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, Westpac Financial Services Limited does not accept any responsibility for the accuracy or completeness of, or endorses any such material.