Director's Perspective By Mario Isaias Welcome to our last edition in 2014 of our Investment Newsletter. We are excited to announce that in 2015 we will be revamping this newsletter to enhance the content and timing. We know you will enjoy this fresh approach. November in Australia was generally a “minus 3% month”. Both the
Reserve Bank interest rate announcement - December 2014 Today the Reserve Bank of Australia met to review the official cash rate. They have decided to leave this rate steady at 2.50% pa. The official rate has now remained unchanged for sixteen months. We expect that most lenders will leave their rates unchanged, in line with
Director's Perspective By Inbam Devadason Global share markets have been increasingly volatile over the last 3 months. The Australian share market was up to a record high on 2 September 2014 of 5,658 (S&P ASX 200). The market dropped 9% over the next 6 weeks, was up 7.5% over the next 3 weeks and is
Reserve Bank interest rate announcement - November 2014 Today the Reserve Bank of Australia met to review the official cash rate. They have decided to leave this rate steady at 2.50% pa. The official rate has remained unchanged for 14 months now. We expect that most lenders will leave their rates unchanged, in line with the Reserve Bank’s decision.
Reserve Bank interest rate announcement - October 2014 Today the Reserve Bank of Australia met to review the official cash rate. They have decided to leave this rate steady at 2.50% pa. The official rate has remained unchanged for 13 months now. We expect that most lenders will leave their rates unchanged, in line with
Director's Perspective By Noel Hucker Are Australian listed companies in good shape ? You bet ! A focus on cost control, productivity and low funding costs have paid dividends – quite literally. For the 12 months ending June 2014, 90% of listed companies reported a profit, 69% of companies have improved their profit over the
Director's Perspective By Inbam Devadason Global share markets have performed well during the 2014 calendar year. Confidence is growing in the US recovery. US interest rates are expected to remain on hold for at least 6 months which will continue to stimulate their economy. Europe’s Purchasing Manufacturers Index (PMI) is now above 50, signalling expansion.
Director's Perspective By Mario Isaias The GFC was the trigger point for governments to embark on massive spending without finding new sources of revenue. Australia now faces the hard reality that this cannot go on forever. The upcoming Federal Budget on 13 May will most likely take the first steps to addressing this imbalance which will
Director's Perspective By Noel Hucker There’s a great saying about seeing the forest for the trees and it’s easy to fall into this trap when there is so much information and news out there – Russia and Crimea/Ukraine, Chinese production, tapering of the US Federal Reserve’s Quantitative Easing programme, etc. etc. Issues like these have
Director's Perspective By Inbam Devadason Global share markets were down around 5% over the month of January 2014 with concern over slowing Global growth and a natural correction after a strong rally in the 2013 calendar year. Over the month of February most of these losses have been recouped. Confidence in the Global recovery has
