Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Democracies slapped with Covid-19 debt bills

Published

on

New Zealand is officially in a recession, while Australia is teetering on the brink

 
Some of the world’s island nations, which shut themselves off from the rest of the world during the global health emergency are paying a high price.

Economic data from New Zealand shows the country of five million recently entered aa recession—two consecutive quarters of negative growth.

Democratic nations were among those to implement strong health measures aimed to containing the spread of Covid-19.

However, funding the extra spending led to extra debt, which has been carried through the post-Covid environment.

Greg Jericho is the Policy Director at the Centre for Future Work at The Australia Institute, who said the pandemic was uncharted waters for many decision-makers.

“It’s always a little bit difficult to cast around blame for how governments and even central banks acted during the pandemic.”

The International Monetary Fund recently published data examining gross and net debt for 2022.

It showed G20 nations are bearing the brunt when it comes to post-Covid recovery.

“There was this sense that essentially the pandemic is gone.

“There was this since that we’re out of lockdowns and things will go back to normal. We have not grasped that it wasn’t a once in 100 year medical shock, it was a once in 100 year economic shock,” Jericho said.

Continue Reading

Money

Finance expert empowers his social audience with accessible wealth tips

Published

on

The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

Continue Reading

Money

It takes a village: coordinated financial teams prove paramount to maximising wealth

Published

on

The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

Continue Reading

Money

Tesla shareholders approve historic $56B Elon Musk pay package

Published

on

Tesla shareholders have voted to approve Elon Musk’s unprecedented $56 billion compensation package, underscoring their confidence in his leadership and vision for the electric car company.

The package, which is tied to ambitious performance targets, includes a mix of stock options and bonuses contingent upon Tesla’s financial and operational milestones over the next decade.

As reported by Reuters, the approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire.

The proposal passed despite opposition from some large institutional investors and proxy firms.

#featured

Continue Reading

Trending Now