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What COVID-19 might mean for your retirement – Sydney Morning Herald

For those nearing retirement, being more cautious may come at a cost of lower investment returns. Many may have to work longer to achieve the retirement incomes…

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The closure of our international borders means population growth a key driver of the economy heading into the crisis will be absent for some time. This is a real headwind when it comes to our recovery.
Border closures will particularly hurt the tourism and education sectors. It may also result in some skill shortages.
The federal government’s recent budget mainly seeks to encourage spending from households and investment from business. That’s a good start but all it can produce are incentives …

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