Consumer bonanza

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Import & export prices Prices of export goods rose by a record 7.8 per cent in the September quarter, courtesy of higher coal and iron ore prices. Export prices are

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Top Five Questions Investors Ask

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The GFC and subsequent volatility has increased the number of market presentations my team and I have been asked to do for the clients of financial planners. I thought you’d

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Parity! Aussie dollar hits 28-year high

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Economic trends The Aussie dollar hit parity with the US dollar – one Australian dollar equalling one US dollar – overnight. The Aussie hit US$1.0002 very briefly at 11.17pm Sydney

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Global Reflation Mark II, gold and the Australian dollar

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Key points The sub-par recovery in the US, Japan and Europe and constrained fiscal policy most likely means that we will see another round of global policy reflation, centred on

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Financial Services Council launches Chief Investment Office Investment Index

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Chief Investment Officers mildly optimistic about investment outlook The inaugural ‘Financial Services Council Chief Investment Officer Investment Index’ shows Chief Investment Officers (CIOs) are mildly optimistic about the performance of

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Currency jigsaw puzzle

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As authorities in Western economies grapple with slow economic growth and exhausted policy tools, an old policy favourite, ‘currency devaluation’, could become an appealing option. It may be challenging to

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Stock market Bubbles

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Market Bubbles While there is a lot of evidence that stock markets are simply unpredictable, there are times when prices get a long way out of kilter with any sense

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Active vs Passive funds – the debate continues…

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Overview The debate over active versus passive management is not a new one. In the 1960s the world saw Eugene Fama develop the theory of the efficient market hypothesis and

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Emerging markets local currency debt: Capitalising on improved sovereign fundamentals

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Emerging markets local currency-denominated debt is a relatively large and liquid asset class that represents some of the most creditworthy emerging market sovereigns, offers two distinct sources of return (currency

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