Global financial crisis
What in the world is happening?
The world financial markets have been in turmoil since July 2007
when a liquidity crisis related to the home loan market in the USA
triggered events we now call the Global Financial Crisis
(GFC). The purpose of posting this web page is to provide you
with market and economic commentary that will, hopefully, be
informative and an alternative to the newspaper and TV
headlines.
This page will not try to focus on superannuation alone, rather
the bigger economic picture. We look forward to your
suggestions and feedback.
This webpage has been prepared for the general information of
members of ESI Super. It does not take into account any member's
individual financial objectives, financial situation or needs. Any
statements of law or proposals are based on our interpretation of
the law or proposals as at 1 May 2009. We recommend that you seek
help from a licensed financial adviser before acting on any
information contained in this page. While all due care and
diligence has been taken in the preparation of this webpage, the
Trustee reserves the right to correct any errors or omissions. If
there are any inconsistencies between the terms of ESI Super's
Trust Deed and this webpage, the terms of the Trust Deed
prevail.