Why the $A is likely to fall further and shorting it is good protection against things going wrong globally

Why the $A is likely to fall further and shorting it is good protection against things going wrong globally Key points The downtrend in the $A from 2011 likely has more to go. The $A is near fair value, but the increasing negative interest rate gap to the US & a messy outlook for commodities suggest a fall to $US0.70 by year end. Given the downside risks for the $A and that being short the …

Interest rates likely to remain on hold until economic growth improves

11 August 2017 Interest rates likely to remain on hold until economic growth improves There is little chance the Reserve Bank of Australia will hike interest rates in the next six months, even though property prices are at record highs in some markets, according to AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver. “I can understand why people think maybe they should,” says Oliver. “But I think it’s a 2018 story, not …

4 Things You Should Know Before You Start Budgeting

4 Things You Should Know Before You Start Budgeting With the end of the year nearing, it is almost time up for the New Year resolutions. Most people have either already made their New Year resolutions or are in the process of making or finalizing them. If you have made a resolution for this New Year that you are going to budget your expenses better this year, well then you are in luck. This blog …