What a difference a year makes. In recent months, Australian shares hit a record high, the Aussie dollar dipped to levels not seen since the GFC and interest rates were cut to historic lows.
Lessons from the GFC – 10 years on
It’s been a decade since the market crash known as the Global Financial Crisis (GFC) rocked the investment world. At the time investors could only watch in disbelief as 50% was wiped off the value of their shares.