At the end of a long, challenging year, it’s understandable that people are keen for a well-earned break. However, the reality is that in
2020, Christmas and New Years will look a little different to what we’ve become familiar with. In this edition, we look at the impact of
COVID-19 on the upcoming holiday season and what the recent Federal Budget measures could mean for your retirement.
The November CPI print showed that monthly trimmed mean inflation decelerated from 3.5% to 3.2%. While services and housing inflation continued the downward trend, electricity prices surprised to the upside after various subsidies came off.
Manufacturing PMI in November increased to roughly 50, hovering near the breakpoint between expansion and contraction.
