Bounce-back from COVID-19

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Business Indicators; China data Profits & sales: Company operating profits rose by 3.2 per cent in the September quarter (consensus: +4.0 per cent). Sales rose by 4.4 per cent in... Read more continue reading

Weekly market update – week ending 27 November 2020

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Investment markets and key developments over the past week Global share markets pushed higher again over the last week as positive vaccine news helped offset fears about the short-term economic... Read more continue reading

Modern Monetary Theory – can it help with economic problems or is it just another Magic Money Tree?

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Key points Modern Monetary Theory reminds us that monetary financing of government spending need not be inflationary if there is spare capacity in the economy. But it suffers from a... Read more continue reading

Weekly market update – week ending 20 November, 2020

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Investment markets and key developments over the past week While the US S&P 500 fell slightly over the last week on the back of rising new coronavirus cases and tightening... Read more continue reading

US equity markets are close enough to historic highs. Are things really that good?

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Equity markets appear to have convinced themselves that a Biden Presidency with a Democratic House and a Republican Senate is a ‘goldilocks’ scenario. Certainly, encouraging news on the vaccine front... Read more continue reading

Job market: Light in the tunnel gets brighter  

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Labour Force Employment rose by 178,800 in October (survey forecast: -27,500) after falling by an upwardly-revised  42,500 jobs in September (previously reported as a 29,500 fall in jobs). Full-time jobs... Read more continue reading

Still The Lucky Country – five reasons why Australian shares are likely to outperform in the year ahead

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Key points Australia continues to perform better in “controlling” coronavirus, it has a stronger economic support policy response, its major trading partners in Asia are in better shape, the drag... Read more continue reading

Weekly market update – week ending 13 November, 2020

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Investment markets and key developments over the past week Global share markets rose further over the last week helped by positive news regarding a vaccine for coronavirus but gains were... Read more continue reading

Weekly market update – week ending 6 November, 2020

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Investment markets and key developments over the past week Global share markets rebounded over the last week as a resolution of the US election came into sight offering more fiscal... Read more continue reading

Australian houses are again the world’s biggest

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CommSec Home Size Trends Report Australia is again building the biggest houses in the world. Data commissioned by CommSec from the Australian Bureau of Statistics, shows the average new house... Read more continue reading