Monthly Economic Wrap

26 August

During July: According to the International Monetary Fund, global growth is projected to fall from an estimated 3.5% in 2022 to 3.0% in both 2023 and 2024. While the forecast for 2023 is modestly higher than predicted in the April 2023 World...[Read More]

Monthly Economic Wrap

25 July

During June: Global GDP growth in 2023 is projected to be 2.7% according to the OECD, the lowest annual rate since the global financial crisis, with the exception of the 2020 pandemic period. A modest improvement to 2.9% is forecast for 2024. ...[Read More]

Becoming a successful leader

13 July

Developing leadership abilities is not always simple, which is why only a select few are successful in their quest to become effective leaders. Those who succeed, however, can take their teams and organisations to new heights. To become a successful...[Read More]

Monthly Economic Wrap

29 June

During May: Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects...[Read More]

Upskilling and Reskilling: Strategies to Increase Employability

29 June

In a fast-paced, evolving work environment, continuous learning and adaptability are paramount to dealing with unemployment and in building and succeeding in one’s career. Employees and employers alike need to embrace upskilling and reskilling...[Read More]

Turn Your Passion Into Profit: Starting a Business After Retirement

22 June

For most people, retirement is a time to kick back, relax, and enjoy the fruits of their labour. However, it’s not uncommon for some to realise they cannot afford the retirement lifestyle they envisioned. Boredom can also set in, so you might feel...[Read More]

10 Benefits of Doing Something You Love Every Day

8 June

Engaging in activities that you love is not only enjoyable but also offers a multitude of benefits that can enrich your life in various ways. So, if you’re on the fence about indulging one or some of your life’s passions, here are some...[Read More]

Dealing With Higher Inflation: Strategies to Thrive Amidst Rising Costs

1 June

The cost of living continues to rise, and many are feeling the pinch. However, there are ways to navigate and adapt to this challenging financial landscape. If you’re looking for practical solutions and workarounds to help you tackle higher...[Read More]

Master the Art of Requesting to Work Remotely: A Step-by-Step Guide

1 June

The remote work trend has gained significant momentum in recent years, offering employees the flexibility to maintain a healthy work-life balance. If you’re planning to join the ranks of remote workers, convincing your employer to grant you this...[Read More]

OakWealth Federal Budget Update 2023

10 May

The 2023 Federal Budget focuses on providing cost of living relief through lower power bills, higher welfare payments and more support for small business and housing. Note: These changes are proposals only and may or may not be made law. Cost...[Read More]

Monthly Economic Wrap

28 May

During April: According to the Conference Board, global real GDP is forecasted to grow by 2.2% in 2023, down from 3.3% in 2022. Most of the weakness will be concentrated in Europe, Latin America, and the U.S. Asian economies are expected to...[Read More]

Monthly Economic Wrap – April 2023

28 April

During March: Global growth prospects for 2023 have improved significantly since December, says Fitch Ratings in its latest Global Economic Outlook report, but the impacts of rate hikes on the real economy still lie ahead and are likely to push...[Read More]

Monthly Economic Wrap – March 2023

29 March

This month: The Conference Board reports that the global economy is so far weathering headwinds better than expected. Incoming activity data for the fourth quarter of 2022 beat expectations, even though they do point to continued slowing...[Read More]

Monthly Economic Wrap – February 2023

27 February

This month: The International Monetary Fund (IMF) has made a slight increase to its global growth outlook for 2023, due to "surprisingly resilient" demand in the U.S. and Europe, easing energy costs and the reopening of China's economy, after...[Read More]

Monthly Economic Wrap – January 2023

27 January

This month: In their latest annual report, the World Bank, which lends money to poorer countries for development projects, said it had slashed its forecast for global growth this year by nearly half, to just 1.7%, from its previous projection...[Read More]