In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, reviews events in markets during November. He discusses: how US shares and bond yields surged higher given President-elect Donald Trump’s promises of corporate tax cuts and infrastructure spending the solid gains recorded by global shares, and how Australian shares rebounded given stronger commodity prices. Find…
December 2016 Interest Rate Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year. Economic conditions in China have steadied, supported by growth in infrastructure and…
ThreeSixty Research Market Update – November 2016
Highlights: In October equity and bond markets were both a little weaker as investors worried about higher US interest rates and the outcome of the US elections. Crude oil prices were about 3% weaker as oil producer nations failed to agree to production cuts. Chinese economic data was relatively good helped by infrastructure and housing…
November Economic Update with Bob Cunneen
In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, reviews events in markets during October. He discusses: the softer performance of global shares how the prospect for higher US interest rates and a close Presidential election caused US shares to fall, and how our inflation rate picked up speed, casting doubt on further…
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year, but growth in global industrial production and trade remains subdued. Economic conditions…
ThreeSixty Research Market Update – October 2016
Highlights: In September equity and bond markets were dominated by investor concerns around the timing of the next US interest rate hike. Crude oil prices rose 8% on talks from producer countries of possible cuts to oil production levels. Chinese economic data continued to show that economic growth is being supported by strong housing construction…
October Economic Update with Bob Cunneen
In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, reviews events in markets during September. He discusses: how European shares edged lower due to the concerns over the health of Europe’s banking system the timing for higher US interest rates being a key issue driving global markets the mild gain achieved by Australian shares,…
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year, but growth in global industrial production and trade remains subdued. Actions by…
Proposed super reforms at a glance – Infographic
This infographic gives an overview of the proposed government amendments to the superannuation reforms announced in the 2016/17 Federal Budget. Click to enlarge Download Proposed super reforms PDF
Government amends key super reforms
The Government has announced it will amend some of the super reforms proposed in the May 2016 Federal Budget. Summary of amendments: The lifetime limit of $500,000 on non-concessional super contributions won’t proceed. People aged 65 to 74 will still need to meet a ‘work test’ to be able to contribute to super. The opportunity…