Record sharemarket lifts consumer spirits

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Consumer sentiment Consumer confidence: The weekly ANZ-Roy Morgan consumer confidence rating rose by 1.1 points (1 per cent) to 107.3 – the first lift since early December. Sentiment remains below both the average of 114.2 points held since 2014 and the longer term average of 113.1 points since 1990. The consumer confidence figures have implications […]

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Insight Multi-Asset update – week beginning 13 January, 2020

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Market and economic review Despite geopolitical tensions rising and a weak ISM print, 2020 has seen a strong start for risk assets. After the US-led assassination of Iranian Major General Qasem Soleimani, and the subsequent response from Iran, tensions seemed to calm with a speech from the US President Donald Trump. Whilst the market focused […]

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Weekly market update – week ending 10 January, 2020

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Investment markets and key developments over the past week After a bit of uncertainty and volatility early in the past week, share markets pushed sharply higher as the US and Iran appeared to step back from escalating their conflict. This saw US shares push to a new record high rising 0.9% over the week, with […]

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Year in review – Year in preview

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Economic and financial perspectives Record expansion: Australia’s record economic expansion is now in its 29th year. Interest rates have fallen to fresh record lows; wages are growing near 2.2 per cent; underlying inflation is around 1.6 per cent; the jobless rate is 5.3 per cent. Good year for shares: Total returns on Australian shares (All […]

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Weekly market update – week ending 6 December, 2019

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Investment markets and key developments over the past week Share markets were mixed over the last week with falls in the US and Europe on trade war fears and mixed economic data, but Japanese shares rose on fiscal stimulus plans and Chinese shares rose too. The Australian share market fell back from record highs taking […]

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Frugal Aussies are making the hard choices

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Perspectives on spending Consumer trends: We are travelling less, buying fewer cars, spending more on insurance and winning the battle on high electricity and gas budgets. But we are using public transport and services like Uber more often, cutting back a bit on gambling and buying more clothes. The findings are obtained by analysing the […]

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Review of 2019, outlook for 2020 – the beat goes on

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Key points 2019 saw growth slow, recession fears increase and the US trade wars ramp up, but solid investment returns as monetary policy eased, bond yields fell and demand for unlisted assets remained strong. 2020 is likely to see global growth pick up with monetary policy remaining easy. Expect the RBA to cut the cash […]

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Shoppers wait for the sales; Record trade surplus

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International trade; Retail trade Retail trade: Retail trade was flat in October. The annual growth rate fell from 2.5 per cent to a 2-year low of 2.1 per cent. Foreign trade: The trade surplus fell from $6.85 billion in September (previously $7.18 billion) to $4.5 billion in October. Australia has recorded 22 successive monthly trade […]

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The Big Issues for 2020

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The big issues of 2020 For the past 18 years we have produced “The Big Issues” report – a report that has sought to highlight the issues that are expected to influence the economy and financial markets over the forthcoming 12 months. This is not a crystal ball gazing exercise. The aim is not just […]

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Insight Multi-Asset update – week beginning 2 November, 2019

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Market and economic review  With news flow on the signing of a ‘Phase One’ deal between the US and China sparse relative to prior weeks, instead we will mainly focus on this week’s data releases. With Thanksgiving on Thursday, the end of the week was rather quiet with the release of data from the US […]

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