The end of financial year on 30 June is a good time to take stock and get your finances in order.

Key medium to longer-term implications flowing from the coronavirus shock are: lower for longer interest rates; a further blow to globalisation; another leg up in the US/China cold war; bigger government and public debt; a long-term risk of higher inflation; consumer & investor caution; faster embrace of technology; bad for airlines; another test for the Eurozone; and lower immigration.

Investing in the Australian Share Market will always carry risk however diversification and “time in the market” versus trying to time the market does help reduce long term investment risk.