Everand Logo

Welcome to Everand!

  • Money Magazine

    BE NIMBLE TO CATCH THE RECOVERY

    Feb 24, 2021 4 minutes
    DAVID THORNTON

    A year on from Australia’s first lockdown, our economy has been put through the wringer. While there’s a long road to recovery ahead, it’s better positioned than many of its global peers. Partly thanks to the federal government’s massive economic support, mainly JobSeeker and JobKeeper, the labour market is looking strong.

    Unemployment has pared back from 7.5% in July 2020 to 6.6% in December, while underemployment sits at 8.5% as of December. To top it off, the labour force participation rate has recovered not just to pre-Covid levels, but to an all-time high of 66.2%.

    Real estate

    The property sector has once again reaffirmed its sacred place in the national economy. As of January, CoreLogic’s home value index hit a record high,

    You’re reading a preview, subscribe to read more.

    More from Money Magazine

    Money Magazine3 min read
    Investment Decisions: 7 Biases To Avoid
    You could be the smartest person in the room but still be guilty of this. It means you are so confident in your ability to predict what the market is going to do – and that you will buy or sell at the right time – that it can get in the way of you ma
    Money Magazine1 min read
    Why The Gym Should Be Tax Deductible
    The Australian government uses the tax system to encourage us to invest in our superannuation to reduce dependency on the age pension when we retire. Similarly, it uses the tax system to encourage us to take up private health insurance to reduce dema
    Money Magazine1 min read
    Worthy Of Display
    Dinosaur Designs bridges art and nature with this gorgeous Wide Paradise vase in Grape – the scalloped edge makes it positively tulip-like. The 20.5cm-high resin vase can hold a bunch of beautiful flowers or stand alone as a sculptural piece. How muc

    Related Books & Audiobooks