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Founder of Learn to Trade, Greg Secker’s investment journey began with him working in IT on a trading floor supporting the largest currency trader in London. With no real knowledge of finance and a $5000 gift from his mother, Greg entered the trading game and joins the Nestegg podcast to discuss his journey to success.

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Having previously joined the show to share how he is making a full-time income in only a few hours a week, Greg Morgan also joins host David Stratford to share how Learn to Trade set him on the path toward financial success, and why mindset and positivity is key to success as a trader.

The pair will explain why the current climate is the perfect time to be trading, explain the 5-2-1 rule and why it is so important, and reveal what the best investors are doing to cement their success.

You can keep up to date with what Learn to Trade are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Saturday, 07 December 2019

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Your boss could be eyeing different salary packages in 2020

By Cameron Micallef · July 17 2019

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Earn

Your boss could be eyeing different salary packages in 2020

By Cameron Micallef
July 17 2019

Reading:

Your boss could be eyeing different salary packages in 2020

By Cameron Micallef · July 17 2019

Reading:

Despite the RBA aggressively pursuing real wage growth to kick start the economy, new research suggests businesses are looking for non-financial ways to attract talent.

The Executive Connection CEO quarterly survey has revealed mixed news for Australia, with suggestions workers won’t get a pay bump despite an improving Australian economy.

Bad news for workers

Times of low wage growth look set to continue as the survey of Australian CEOs showed that just 14 per cent of employers are planning on giving workers a 4 per cent increase in wages.

More than 37 per cent plan to keep wages steady or adopt a minimal increase of 0 to 2 per cent and a third are expecting to pay wage rises of 2 to 3 per cent. Overall, two-thirds of CEOs are expecting wage increases of less than 3 per cent.

To attract key personnel, 66 per cent of CEOs are planning to offer flexible working conditions and 58 percent are improving company culture. In addition, professional development programs, reward programs, enhancing employee benefits and career path planning will be utilised by Australian CEOs.

Positive news for the economy

Business leaders’ confidence in the economy has rebounded strongly, as the confidence index rose by 16 points in the September quarter to 113, rising back above the positive/negative 100 point level. Expectations of the economy for the year have jumped 27 points to 107.

According to TEC economic advisor Warren Hogan, there is mounting evidence that Australia’s economy has turned the corner through the middle of 2019. At the very least, it appears that the deterioration of economic activity witnessed in middle 2018 has been arrested.

Australia is less likely to drift into a recession due to political certainty, lower interest rates and the buoyancy of financial markets.

The stabilisation of house prices is critical to shoring up consumer confidence and boosting their willingness to spend as lower wage growth and falling house prices has spooked Australians in the past 12 months.

In contrast to survey results Governor Lowe has suggested this low interest environment will improve wage growth in Australia.

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leveraging their insights to grow your portfolio.