In this week’s Money news in human words, I unpacked some of the noise around the headlines and helped you understand the key things you need to know to make smarter money decisions.
I talked about the Australian economy being tipped to avoid recession, some of the reasons why we’re at the bottom of the market when it comes to the current share market position and what we should be thinking about going into the ASX Australian share market reporting season. The fact that the suburbs posted the most significant property gains over the pandemic period, now suffering through the highest losses as well as how quickly that downturn could be over and how fast the recovery could take. Also, chatted about the 80,000 Aussies that have over $2 million in super, including the 400 odd sub-30-year-old individuals having an average super fund balance of $5.3 million and what that means and why a family trust can work for your health.
Some of the reasons you might use as well as the main stock rally returning and how that’s p*****g off a lot of hedge fund managers.
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