20 June 2017 Key points Geopolitical issues create much interest, but as we saw over the last year starting with Brexit this doesn’t mean they’ll have a big negative impact on financial markets. However, a backlash against economic rationalist policies and inequality, and the ... Read more
Archives for June 2017
The Australian economy hits another rough patch-implications for investors—Dr Shane Oliver, Chief Economist for AMP Capital
14 June 2017 Key points Annual Australian growth slowed to 1.7% in the March quarter hit by bad weather & weak consumer spending. A declining drag from falling mining investment, strong public infrastructure spending and a likely resumption of trade contributing to growth ... Read more
RBA Leaves Rates Unchanged —Press Release 6 June 2017
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision Number2017-12 Date6 June 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The broad-based pick-up in the global economy is continuing. Labour markets have tightened ... Read more