Customer Monitoring

  • The US government is on track to inject US$1.5 trillion into its economy through asset purchases, loans and a US$1,200 check sent to eligible residents.

  • The Reserve Bank of Australia cut interest rates to a record low of 0.25% and launched their first bond purchasing programme.

  • The Australian Federal Government has committed billions for wage subsidies to preserve jobs (primarily the JobKeeper Payment), provided guarantees to banks for lending to small businesses and enabled early access to superannuation.

  • COVID-19 has impacted lots of things (businesses, whole industries and the way we live) which has created volatility in markets

  • There is a lot of government spending that is providing support and this is helping sentiment, which has meant there has been a small recovery of losses

  • There is still more uncertainty to come, though it seems possible that the worst is behind us in terms of investment markets.