Market Wrap - August 2020

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Market Wrap - August 2020

Covid-19 developments continued to dominate attention. There were spikes in the number of new infections in both Australia and overseas, suggesting an economic recovery may be delayed.

Share markets powered ahead, however, as investors remained convinced that governments and central banks will provide sufficient financial assistance through the crisis.

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Overall news flow remained supportive of risk assets including equities and credit and enabled most major share markets to make positive progress. 


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There are a few changes earmarked for superannuation commencing 1 July 2021. These changes will impact both employers and employees. Read the details here to know what's expected.


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