The coronavirus is first and foremost a public health issue, but it is also having a very major impact on the economy and the financial system. As the virus has spread, countries have restricted the movement of people across borders and have implemented social distancing measures, including restricting movements within countries and within cities. The…

The coronavirus has had a significant impact on investment markets. Bob Cunneen, Senior Economist at MLC, discusses what to expect over the coming months.

Highlights: Despite a reasonably robust underlying economy, the impact of the coronavirus is likely to weigh heavily on the US and other China-exposed economies. The Australian government is preparing to release a targeted fiscal stimulus response to support economic growth and avoid a recession. Geopolitical and trade tensions have been forced out of the spotlight,…

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent. The Board took this decision to support the economy as it responds to the global coronavirus outbreak. The coronavirus has clouded the near-term outlook for the global economy and means that global growth in the first half of…