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NEWELL PALMER
Personal Financial Advice
Impartial, innovative, strategic
Australian Financial Services Licence No. 229264
Personal Financial Advice
Impartial, innovative, strategic
Australian Financial Services Licence No. 229264
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info@newellpalmer.com.au
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info@newellpalmer.com.au
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Suite 101, 270 Pacific Hwy
Crows Nest NSW 2065
info@newellpalmer.com.au
Phone: (61 2) 9906 8066
Fax: (61 2) 9906 8080
Phone: (61 2) 9906 8066
Fax: (61 2) 9906 8080
Newell Palmer:Monthly Economic Notes-Aug 2016
/in Frontpage Article, News /by Vicky CookEconomic Overview
Following the economic crisis of 2008, government debt levels in many advanced economies rose as governments sought to rescue the financial system and boost demand, but the underlying issues of employment and stagnant incomes have remain unresolved creating a backlash against globalisation and international trade. Housing affordability has declined due to excess liquidity causing property values to rise. The inability of governments to deliver on promises to restore growth and prosperity is a factor causing the rise of populist movements and nationalism. Brexit, for example, is symptomatic of these pressures. Looking ahead, these same forces will be in the background for the US presidential election, and the German and French elections in 2017. Even if they are unlikely to gain power in their own right, far-right and far-left political parties or movements are reshaping agendas. The United Kingdom Independence Party (which has a single elected member in the U.K. House of Commons) was influential in June’s EU referendum.
Continue reading below:
Monthly-Notes-August-2016.pdfMore Old Than Young: A Demographic Shock Sweeps the Globe
/in Frontpage Article, News /by Chris BorgPhotographer: Michael H/Getty Images
It’s known as the historic reversal, and it appears irreversible: Places where the old outnumber kids.
What began in 1995 in a single country, Italy, will spread to 56 nations, economies as diverse as New Zealand and Georgia, by 2030. These are the findings of Joseph Chamie, who spent a quarter of a century studying population patterns at the United Nations in New York and now is an independent researcher.
Continue Reading: http://www.bloomberg.com/news/articles/2016-08-11/more-old-than-young-a-population-plague-spreads-around-the-globe
Newell Palmer: Monthly Economic Notes – July 2016
/in Frontpage Article, News /by Vicky CookEconomic Overview
The UK’s momentous decision to leave the European Union brings long-lasting political and economic consequences. It is expected that European leaders will focus on fending off domestic populist movements emboldened by the British exit and on preventing the entire EU edifice from falling apart. This points to a tough negotiating stance toward the UK and less focus on much-needed structural reforms. It is expected attitudes on immigration to harden, and the risk of a protracted standoff feeding uncertainty.
Continue reading below
Monthly-Notes-July-20161.pdf