As we begin a new year, we are fortunately starting with the Australian markets at an all time high, as the share market had it’s best year in a decade in 2019. That being said, unfortunately, the Australian bushfire crisis is now going to have a negative impact on domestic growth, and we are unlikely to see a fiscal response from the government until the May budget.
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This information is general in nature and is provided by Bentleys Wealth Advisors. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information.