MB Fund Podcast: Reset – Restoring Australia post pandemic with Ross Garnaut

 In today’s investment webinar, MB Fund’s Chief Strategist David Llewellyn Smith, Head of Investments Damien Klassen, and Head of Advice Tim Fuller are joined by Australian economist, Professor Ross Garnaut to talk about his latest publication ‘Reset: restoring Australia after the pandemic recession‘.

 

The pandemic has brought immense disruption to the Australian way of life, but at the same time there are now opportunities that lie ahead in the post pandemic restoration of the Australian economy. Issues like the right level of immigration, the importance of government taxation and support with a focus on how it appropriately applied, to a complete review on the creation and distribution of the nation’s energy resources, have now been given a rare chance to be reviewed, and potentially reset.

The challenge now lies ahead for policy makers to leverage, and not squander, this luck into meaningful change, and embrace new thinking to ensure prosperity into this century.

Restoring Australia post pandemic is a huge topic, and worthy of a considered approach, so we are lucky to joined in the studio today by Professor Ross Garnaut to discuss the core takeaways of ‘Reset’. 

On the agenda:

  • Economic background to pandemic recession
  • Solutions: Full employment
  • Solutions: Optimal debt 
  • Solutions: Tax
  • Solutions: Energy and Climate Change
  • Investment outlook

You can purchase Ross Garnaut’s ‘Reset’ here

View the presentation slides

Can’t make it to the live series?  Catch up on the content via Podcasts or our recorded Videos.

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Tim Fuller is Head of Advice at the MacroBusiness Fund, which is powered by Nucleus Wealth.

The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Tim Fuller is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Nucleus Advice Pty Ltd – AFSL 515796.

 

 

Tim Fuller

Comments

    • Tricky question, but perhaps “We should be happy with having nothing?”

      If that gets boring there is always a new virus, https://www.molecularcloud.org/p/sars-cov-2-californian-and-english-strains-the-worst-hybridization-scenario. So as a second answer, possibly outsourcing our immune systems to big pharma for ever cos this tiger is growling and looks like its might be able to get out of the bag we are building. Gedanken, you put a cat in a bag and it gets out, compare it a cat that was not put in a bag – one will most certainly be in the cranky part of the complex Hilbert space.

      • In other words: Big time investment in medical research and manufacture, then science and manufacturing more generally.
        Looking like the world can deliver billions of new specialised vaccines in a year, and there are some thoughts that technology might later have other benefits with things like cancer, that’s truly amazing.

    • Haywood Jablome

      The Australian Electoral System, with a particular focus on the political party duopoly and the preferential voting system that keeps that duopoly alive.

      Following that we might have a chance of making some headway on all the other issues.

  1. In other words: Big time investment in medical research and manufacture then manufacturing more generally.
    Looks like the world can deliver billions of new specialist widgets in a year, and there is some thoughts those widgets might later have other benefits with things like cancer, that’s truly amazing.

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