Weekly market update, week ending 19 May, 2017

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Investment markets and key developments over the past week Most global share markets fell over the last week on the back of the political crisis around President Trump. Australian shares are now down by around 4% from their high earlier this month and have been hit by the weak global lead combined with pressure on […]

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Jobless rate nears 4-year lows

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Labour force Employment rose by 37,400 in April after rising by 60,000 in March (previously reported as a rise of 60,900 jobs). Full-time jobs fell by 11,600 while part-time jobs rose by 49,000. Economists had tipped a 5,000 increase in jobs. Hours worked fell by 0.3 per cent in April but were up by 1.3 […]

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Three reasons why the risks for the Australian dollar are still on the downside

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Key points The closure of speculative short positions in the $A, a bounce in commodity prices, delays in Fed rate hikes and expectations the next interest rate move by the Reserve Bank of Australia (RBA) is up, have stabilised the $A over the last year. The downtrend in the $A will likely resume as commodity […]

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Time for a raise?

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Low pay and rising inequality were policy challenges even before the onset of the financial crisis, and these issues have become more pertinent after the downturn. Against this backdrop, the debate around minimum wages has been building. The first statutory minimum wage was introduced in New Zealand in 1894 and 27 out of 35 OECD […]

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Weekly market update – week ending 12 May, 2017

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Investment markets and key developments over the past week The last week saw mixed results from share markets with US, European and Chinese shares down a bit but gains in Japanese and Australian shares. Eurozone shares saw a bit of profit taking after the French election following very strong gains after the first round result. […]

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Savvy consumers; Healthy inbound tourism

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Credit & debit card data; Tourism The average credit card balance recorded fell by $25 to $3,124 in March. In smoothed terms (12 month average) the average balance was down by 1.1 per cent. On average, there were 13.4 transactions made per each credit card account in March, up from 12.4 transactions of a year […]

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Federal Budget 2017 analysis

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The Government handed down the 2017 Federal Budget on 9 May. It is no surprise that the main focus of the Budget was to address the issues of affordable housing and job growth. After the massive overhaul of superannuation in last year’s Budget, no further changes were announced this year apart from the opportunities for […]

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Federal Budget good news for infrastructure investments

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The Federal Budget handed down on Tuesday is a very exciting one for infrastructure spend and should create numerous opportunities for investors over the next few years and indeed decades, says Greg Goodsell, global equity strategist at 4D Infrastructure. “The pipeline of new projects that may find their way to private investors in the future […]

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Comfortable Chinese inflation

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China inflation Chinese inflation: Consumer prices rose by 1.2 per cent in the year to April (forecast +1.1 per cent). Non-food inflation rose from 2.3 per cent to 2.4 per cent. Annual growth of producer prices eased further from recent 8-year highs, down from 7.6 per cent in March to 6.4 per cent in April […]

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YTML and Budget on same page

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YTML welcomes the announcements made overnight in the Federal Budget regarding the Government’s commitment to create an environment where fintech businesses can flourish in Australia. According to YTML CEO Kevin Liao, the backing by the Government to help position Australia as a world-leader in innovation and FinTech, reinforces its own philosophy to actively work and […]

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