by Dermot Ryan The government has signalled that business will be a driving force behind Australia’s recovery efforts, and we think this will be good news for domestic shares as we charge towards 2021. This year has been wild for share markets globally, but the world is learning how to cope with COVID-19 and business […]
by Nathan Boon & Sonia Baillie Bonds have been strong performers over more than a decade in the lead-up to the current crisis1, and we believe they could play an important part in defensively positioned portfolios going forward. Their popularity is affected to a certain extent by a lack of understanding on the part of […]
by Joseph Titmus Listed infrastructure has historically delivered very dependable returns through a variety of market conditions and has proved remarkably independent to the performance of the broader equities market.1 This is understandable, given the unique risk-return character of the asset class. The stability that attracts investors to infrastructure is generated by cash flows which […]
by Graeme Colley This year’s Federal Budget was unexpected good news for anyone with a self-managed superannuation fund as there were no changes to the taxation of superannuation funds or contributions as many expected. The increase in the maximum number of members of SMSFs from four to six members; and a deferral of the start […]
by Dermot Ryan The turn of a decade is a significant thing for people who make predictions for a living, and a lot of economic commentators took the opportunity around the beginning of this year to publish outlooks for the decade ahead. But if any of them had managed, at the time, to adequately convey […]
by Dr Shane Oliver On the back of a global pandemic and the worst economic contraction in US history1, the S&P 500 and NASDAQ indices kicked off September at record highs, and even the Dow Jones is approaching pre-pandemic levels. This suggests a level of confidence in the US business sector that extends much more […]
by Diana Mousina Building approvals in Australia surged by 12% in July, up 6.3% compared to a year ago. This was a much stronger result than consensus expectations of a fall in the order of 2%, and follows a run of better than anticipated numbers since April’s low point. As an important leading indicator of […]
At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. It also decided to increase the size of the Term Funding Facility and make the facility available for longer. Under the expanded Term Funding Facility, authorised deposit-taking institutions (ADIs) […]
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy is experiencing a severe contraction as countries seek to contain the coronavirus. Even though the worst of this contraction has now […]
We’re past the halfway point of a year that has marked a profound chapter in modern history. This time last year, the events of the last six months would have been unimaginable. This time a few months ago, there was no end in clear sight. Now, it’s hard to believe we’re this far through the […]