15 February 2018 Key points Household debt levels in Australia are high compared to other countries and still rising. The rise is not as bad as it looks because its been matched by rising wealth and debt servicing problems are low. However, this could change as interest rates ... Read more
Archives for February 2018
Portfolio Construction Summit Summary —Aziz Meherali CFP, Principal of Elixir Private Wealth
I attended the Portfolio Construction Summit on Tuesday this week. As usual, the line-up of presenters and speakers was extraordinary and always enlightening. I offer a brief summary of some of the take-outs from the day: The overall consensus view (taking a long-term 3 to 5 year approach) ... Read more
The pullback in shares – seven reasons not to be too concerned — Dr Shane Oliver, Chief Economist for AMP Capital
09 February 2018 Key points The current pullback in shares has been triggered by worries around US inflation, the Fed and rising bond yields but made worse by an unwinding of bets that volatility would continue to fall. We may have seen the worst, but it’s too early to say for ... Read more
Monetary Policy Decision Feb 6 2018— Statement by Philip Lowe, Governor
Statement by Philip Lowe, Governor: Number2018-01 Date6 February 2018 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. There was a broad-based pick-up in the global economy in 2017. A number of advanced economies are growing at an above-trend rate ... Read more