Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, March 2018

Published: March 6, 2018

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy has strengthened over the past year. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth picked up in the Asian economies in 2017, partly supported by increased international trade. […]

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Chart of the week: ‘Made in Australia’ makes a comeback

Published: March 1, 2018

26 February 2018 Bob Cunneen, Senior Economist and Portfolio Specialist Australian manufacturing vs global surveys View larger imageSources: Australian Industry Group (AIG) Performance of Manufacturing Index (PMI) Markit Economics for Purchasing Managers Index Australia’s manufacturing sector has struggled over recent years with intense global competition. Factory closures and large job losses were all too common […]

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Economic Update February – infographic

Published: February 15, 2018

February 2018 Take a visual tour of markets during January. There were strong gains in global shares, China’s share market rocketed up, and government bond yields rose sharply in Europe and the US. View full infographic for January markets >>

Got post-holiday debt lag?

Published: February 14, 2018

Get out of debt and back in control of your finances with our simple money tips. Have a plan to pay down your travel debt If your debt is on a credit card, work out how much extra you can put towards your card and crunch the numbers using our credit card calculator. You will […]

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Chart of the week: “Back to the future” on share volatility

Published: February 13, 2018

  VIX Volatility Index Source: US Federal Reserve, St Louis  View larger chart US shares have been in turmoil since February 2nd. The announcement that US wages growth had accelerated to its fastest pace since 2009 was the catalyst for this sharp share selloff. However this US inflation surprise was actually magnified into a shock […]

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Why your chances of a pay increase could finally be improving

Published: February 12, 2018

With 2018 now underway, many Australians may have noted ‘pay increase’ in their new years’ resolutions list. While the economic conditions over the past few years may not been ideal for having successful conversations with your boss around remuneration, MLC’s Senior Economist Bob Cunneen explains how changing economic factors could lead to an improving environment […]

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Eating out or in, which is better?

Published: February 9, 2018

Eating out or in, which is better? How much is eating out really costing you? It might surprise you to learn that most of us spend about $100 every week on lunches.  Did you know that an average household spends approximately $100 per week eating out? That means 50 million meals out in Australia each […]

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Back to basics: avoiding the day to day temptation to time the markets

Published: February 9, 2018

The best of times can also be the most worrying of times for investors. As we head off on the journey that is destined to become 2018, investment markets have been both kind and – until this week at least – relatively benign. Suddenly headlines are screaming at us about the billions lost off market […]

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What’s ahead for SMSFs?

Published: February 9, 2018

It would be difficult to underestimate the impact that self-managed super has on competition between super funds – with both SMSF and non-SMSF members being the winners. As actuaries Rice Warner comments in its recently-published Superannuation market projections report 2017, leading industry and commercial funds are responding to the loss of members to SMSFs by upgrading […]

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Wall Street finally awakes to a “clear and present danger”

Published: February 7, 2018

US shares vs Government bonds Source: Federal Reserve St Louis. Wall Street has fallen -4% over the past week. This was off the back of record highs on January 26 with the S&P 500 Index peaking at 2872.87 (black line). What’s behind the share correction? Well the “bears” would argue that US shares were already […]

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