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More time at home means many Australians now have the opportunity to re-assess their lifestyle and spending habits and set some serious saving goals. So how can you actually go about it?

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In this episode of The nestegg Podcast, host Grace Ormsby is joined by Melbourne-based Reventon’s Billie Christofi to talk all things finance and the impact of isolation on our hip pockets.

In stage 4 lockdown, Billie shares the importance of going back to basics when it comes to budgeting, methods to re-assess spending habits, and some of the less conventional ways people can boost their wealth at this time.

Thanks Billie, for sharing your insights with the nestegg podcast team!

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

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Frydenberg tells Australia to keep cool head

By Grace Ormsby

August 08 2019
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Invest

Frydenberg tells Australia to keep cool head

By Grace Ormsby
August 08 2019

The Australian government “would like to see cool heads prevail” in the current Australian share market environment in the midst of global uncertainty, the Treasurer has said.

Frydenberg tells Australia to keep cool head

By Grace Ormsby

August 08 2019
Share

The Australian government “would like to see cool heads prevail” in the current Australian share market environment in the midst of global uncertainty, the Treasurer has said.

Treasurer Josh Frydenberg has attempted to allay current fears of a China and US trade war by saying that the government will “continue to take the necessary action domestically, including the tax cuts, to ensure that the economy continues to grow”.

“We shouldn’t overreact to these developments, but we should recognise that China’s currency moves and the increase in US tariffs are an unwanted escalation,” he outlined.

“We also need to be realistic that there is greater uncertainty in the global economic outlook,” Mr Frydenberg conceded, which is playing a negative role domestically.

“Our message is to continue to encourage cool heads to prevail and for differences between China and the US to be negotiated between the parties,” he said.

Predicting that the Chinese economy will continue to grow, the Treasurer noted that Australia does “need to be realistic about these recent developments and understand that the world is not always as we want it to be and the world is as it is”.

Noting that Reserve Bank governor Philip Lowe “has made it very clear that the fundamentals of the Australian economy are strong”, Mr Frydenberg said that they will be watching what happens globally “very closely”.

“But we think we have got the settings right.”

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About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.

About the author

Grace Ormsby

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