Nucleus Wealth Insights

The Q4 National accounts are hot off the presses, showing 0.5% of economic growth in Q4 2019, higher than analyst predictions. However, if you look below the surface, it's far from all roses for the Australian economy. If you exclude net exports, Australia's economic growth was lower than population growth. Slides referenced throughout the episode : http://bit.ly/2Tl0Dap Topics include why we forecast Australia's first recession in 29 nears occurring in Q1&Q2 of 2020, weak private sector growth in 2019, GDP being propped-up by NDIS & NBN which are set to roll off by June 2020, stagnating household income, what the external Coronavirus shock will do to the Australian housing market and wider economy, and as always our investment outlook, including how we're allocating assets during these turbulent times To listen in podcast form click here: http://bit.ly/NucleusPod Learn more about the hosts: https://nucleuswealth.com/people Try out our brand new property calculator: https://nucleuswealth.com/p