In this investment podcast, Nucleus Wealth Senior Financial Adviser Samuel Kerr, Chief Economist Leith van Onselen, and Chief Strategist David Llewellyn-Smith gave an update on the state of the Australian economy that the new government is receiving.
Agenda:
- Current economic conditions superficially good (e.g. best labour market in generations).
- Outlook poor due to rising inflation and interest rates.
- Cost of living pressure biting (e.g. petrol, rents, food).
- Lots of factors out of Labor’s control (international re. inflation, RBA re. interest rates).
- Economy set to deteriorate sharply as household consumption dives.
- Labor likely to be blamed when proverbial hits the fan.
- Risks Labor once again being tagged as “poor economic managers”.
Take us on your daily commute! Nucleus Investment Insights is available in Podcast form on iTunes and all major Android Podcast Platforms.
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Sam Kerr is a Senior Financial Advisor at Nucleus Wealth.
Samuel has a Master of Financial Planning and a Bachelors degree in Psychology. He has worked in Financial Services since 2017 as a Financial Adviser and Mortgage Broker. Sam is a dynamic individual and has a real passion for investing and compound interest. He prides himself on his professionalism and ethical conduct, always striving for the best outcomes for his clients. He really enjoys helping people achieve their goals and loves the investment journey.
