The Pulse The impact of the COVID‐19 pandemic on the global economy has been profound, especially in emerging, low income economies with limited health care capacity.
Market Update | July 2020
The Pulse Since the initial outbreak, COVID‐19 has spread to over 210 countries, and estimates indicate it could trim global economic growth by between 3.0% to 6.0% in 2020.
Housing market: shaken but not stirred
With Australia in a COVID-induced recession, residential property is not immune to falling economic activity. Yet housing prices are proving surprisingly resilient. Only months ago, economists were forecasting a housing price slump of 20% or more. Now, most have revised their forecasts to price falls of between five and 10%.
Making your wishes known
While Australia’s handling of the COVID-19 pandemic was among the best in the world, the speed and spread of the illness underlined just how fragile life can be. It was also a solemn reminder of the importance of ensuring your affairs are in order, so your wishes are met – in life and death.
Market Update | June 2020
The Pulse Key economies have so far avoided a resurgence in COVID‐19 cases, but the World Health Organisation warned it continues to spread rapidly in some regions.