Many Australians may know these, but unfortunately financial literacy is still not taught in schools and so many don’t. Otherwise, Australians would have far less trouble with their finances.

The past few weeks have seen lots of talk again about a recession – particularly in Australia. This has been a recurring theme over the last year or so but has intensified lately. But what’s driving it? How serious is the risk of recession? And what would it mean for Australians and investors?

Shares are vulnerable to a pull back in the months ahead reflecting the rising risk of recession on the back of central bank tightening and weak seasonal influences.

Australians have long had a fascination with property. It’s evident in waves of speculative booms and busts that periodically grip our cities.