The debate in Australia this week has been based on the budget and the decision of which political party has the right plan to reduce Australia’s debt levels.In May 2012 the Australian debt ceiling, or the amount of Government debt that the country is legislated to have as an upper limit, was set to … [Read more...] about What is happening in Japan?
The US Economy
The US Economy is Starting To Show Signs of Growth - 06/03/2013The US share market has been rallying since last June with the S&P 500 index up 10% this year andup 20% since June 2012. Investors over the last month have started to question the sustainability ofthis rally after the Federal Reserve … [Read more...] about The US Economy
The RBA Holds Firm
The RBA Holds Firm, but the Broader Aus Economy Needs More Help – 05/03/2013 The Reserve Bank of Australia (RBA) yesterday decided to leave the official cash rate at 3.00% for another month as they continue to see of the previous cuts in interest rates help kick start the broader economy. National … [Read more...] about The RBA Holds Firm
January 2013
January 2013 Economic and Market Review Positive investor sentiment has continued to drive share markets globally with the key index for global shares (the MSCI Ex Australia in AUD) rising 4.59% in January and posting an 18.00% return for the 12 months to 31/01/2013. The Australian share market … [Read more...] about January 2013