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On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss whether owner-occupiers should withdraw from the property market, the effects of Tuesday blues on the ASX, upcoming super changes and more.

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Steve Waters, director of Right Property Group, chats about current property price movements and whether owner-occupiers are being priced out of the market.

RMIT’s senior lecturer of finance, Dr Angel Zhong, delves into the Tuesday blues effect and the implications for Aussie investors.

And lastly, tax and super guru Timothy Munro talks about upcoming super changes and shares his handy checklist ahead of tax time.

Have a question for our experts? Get in touch at [email protected] and you might get featured on the next episode.

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6 ways Australia can rebuild beyond the recession

By Cameron Micallef

June 08 2020
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Invest

6 ways Australia can rebuild beyond the recession

By Cameron Micallef
June 08 2020

As the nation’s 29 years of economic prosperity comes to an end, a consumer advocate group has explained a six-point plan to use the recession as a way to reshape the economy for the betterment of all Australians.

6 ways Australia can rebuild beyond the recession

By Cameron Micallef

June 08 2020
Share

GetUp has created “The People’s Recovery policy”, a six-point plan to build a society where all our needs are met with secure, well-paid jobs, a place to call home and well-funded services, and where all our energy comes from clean, affordable sources like the sun and wind.

According to GetUp, the policy is designed to ensure everyday people get to transform society and the economy in a way that works better for people with a focus on leaving nobody behind.

GetUp national director Paul Oosting believes the crisis has shown that no issue is too big or too hard for bold reform.

“If we make the right decisions, we can create hundreds of thousands of good jobs, ensure everyone has an income they can live on, set young people up for the future and transition to a clean energy economy,” he said

Further, Mr Oosting highlighted the importance of having the public decide the society they want to build post-COVID-19.

“The public deserve much more of a say in how we recover from both the bushfires and coronavirus crises, to make sure our leaders put the public interest first at this once in a lifetime opportunity for renewal.

“Everyday people across the country are discussing their hopes for a positive recovery with a vision that keeps the life-changing reforms introduced during the coronavirus crisis, invests in clean renewable energy and creates jobs for all. That’s the leadership people across the country are calling for,” Mr Oosting concluded.

The six points include:

Job guarantee: A well-paid job for everyone who wants it
Universal lifelong education and retraining
Guaranteed basic income
A roof over everyone’s head
Household clean energy guarantee
A public interest banking system

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. 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 leverage their insights to grow your portfolio.

About the author

Cameron Micallef

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