Morgans Blog | Morgans

Summary of the economic response to COVID-19

24 March 2020, 12:30 PM

The Government’s economic response is designed to support businesses in managing short-term cash flow challenges, provide support to individuals, severely affected communities and regions, and to ensure the continued flow of credit in the Australian economy.

Oil & Gas: Still warning against falling swords

By Adrian Prendergast

23 March 2020, 2:15 PM

We continue to recommend caution investing in oil & gas, with weak demand/supply fundamentals having some way to play out.

COVID-19: Pension and superannuation changes

By Terri Bradford

23 March 2020, 10:00 AM

The Federal Government has announced that minimum pension payments for account-based pensions will be reduced by 50% for the 2019/20 and 2020/21 financial years.

Video & Podcast: RBA Aggressive Expansion

By Michael Knox

20 March 2020, 11:00 AM

The RBA has cut rates, started Quantitative Easing and begun funding a lending program to support bank lending to business.

Economic Strategy: The current collapse

By Michael Knox

19 March 2020, 3:25 PM

The current collapse in equity markets is not because of a collapse in fundamentals. The physical infrastructure of the US economy, the Chinese economy and the Australian economy, are still the same.

Sector Update: Infrastructure

By Nathan Lead

19 March 2020, 11:50 AM

Morgans Senior Analyst Nathan Lead provides an update on the Infrastructure sector, with focus on APA Group (ASX:APA), Transurban (ASX:TCL) and Sydney Airport (ASX:SYD).

Banks sector update: COVID-19 impact

19 March 2020, 11:45 AM

The spread of COVID-19 is posing a significant threat to the earnings outlook of the banks. Consequently, there is now significant earnings uncertainty over our forecast period. We have downgraded our cash EPS forecasts and dividend forecasts for all four major banks as a result of forecasting lower net interest margins, lower credit growth and more pronounced deterioration in asset quality.

Retail in the trenches; COVID-19 cuts

19 March 2020, 11:30 AM

We recommend treading very carefully with the consumer discretionary space given it is at the pointy end of any economic fallout, has high fixed costs and this situation is changing daily.