Listed Infrastructure progresses in an uncertain environment and slowing global economy

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Listed infrastructure equities moved higher in October in what RARE Infrastructure and others continue to describe as a late-cycle environment. “Both our global listed infrastructure Value and Income Funds showed enhanced performance during October against a backdrop of positive equity markets,” said RARE Senior Portfolio Manager Shane Hurst. “Although the yield curve in the US has […]

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Insight multi-asset update – week beginning 18 November, 2019

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Market and economic review Developments in the US-China trade war continued to dominate market performance, with equities and bonds reacting to contrasting news flow. As a whole, equity performance was broadly flat over the week. US equities were a small positive, whereas Spanish and Chinese bourses suffered due to more idiosyncratic political issues. In the […]

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CPD: Aussie QE may be coming, but it will probably do nothing

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Over the past 18 months, the Reserve Bank of Australia (RBA) has changed tack from “the next move in interest rates is up” [i] to a dovish bias. So much so, that this year they have cut the official cash rate from 1.5% to 0.75% (at the time of writing), with potentially more to come. […]

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Weekly market update – week ending 15 November, 2019

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Investment markets and key developments over the past week The past week saw some cautiousness creep back into share markets with increased uncertainty about a US/China trade deal coming at a time when major share markets had become a bit vulnerable to a pull back after a run of good gains since early October. US […]

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Western Asset makes the case for continued global resilience

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Western Asset, a Legg Mason affiliate, in it’s Q4 Global Outlook, breaks down the factors driving the global economy and makes the case for continued global resilience. The Western Asset team notes: “Global growth prospects remain clouded by a number of interconnected risks: a sustained decline in global manufacturing activity due to ongoing global trade […]

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Most cities to record dwelling price rises in 2020

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Most of Australia’s capital cities will benefit from the interest rate cuts and loosening of credit restrictions to record dwelling price rises over 2020 with Sydney and Melbourne leading the charge, according to Christopher’s Housing Boom and Bust Report for 2020, released today by SQM Research. The base case forecast is for dwelling prices to […]

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National vacancy rates remain steady in October

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Data released by SQM Research yesterday has revealed the national residential rental vacancy rate remained steady in October 2019 at 2.1% from September. The total number of vacancies Australia-wide is now at 69,951 vacant residential properties. October 2018’s vacancy rate was 2.0% with 67,337 vacant dwellings. Sydney, Adelaide and Hobart recorded minor decreases in vacancy […]

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Weekly market update – week ending 8 November, 2019

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Investment markets and key developments over the past week The past week saw most share markets push higher on the back of positive news regarding US/China trade talks, benign economic data and some optimism that global growth will pick up, with the US share market making it to a new record high. Australian shares benefitted […]

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House prices rise at fastest pace since last time RBA Cut

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Last month we identified the reason why we believed the RBA was slowing down on cuts was the fact that the housing market was improving and that strength would eventually show up in the economy. On Tuesday, we received a new release of the house price figures that show a great deal of strength is […]

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Property listings rise for mid-Spring

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Figures released yesterday by SQM Research reveal national residential property listings increased in October by 2.0%, up from 312,754 in September 2019 to 318,874.  Compared to 12 months ago, listings were down by 4.8%. All states experienced an increase in property sales listings over the month except for Darwin which experienced a decrease of 2.4%. […]

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