Australian Property Market Getting a Second Wind

World Feb 12, 2020

It seems the good days are back for the Australian property market, which has been struggling with lower dwelling values in the last few years. Last year this time, the market experts were projecting a huge property market slump in Australia by the e...

RBA Stays Optimistic Over Economic Outlook, Considers Coronavirus Outbreak a Near-Term Risk

Blog Feb 07, 2020

The RBA’s announcements have surely captured all the attention this week, with investors keeping a close eye on its monetary policy decision and economic outlook for the year 2020. Just three days after keeping the interest rates on hold at 0.7...

RBA's rate cut cycle - Where do we stand and what it means for consumers

Blog Feb 07, 2020

In the last few days, the Reserve Bank of Australia has been on the spotlight, with monetary policy decision, monetary policy statement and an appearance of Mr Philip Lowe at the House of Representatives Standing Committee on Economics. The central ...

Retail Turnover and Trade Surplus Plummeted in December 2019

News Feb 06, 2020

Just two days after the RBA kept the interest rates unchanged at 0.75 per cent considering the strength of the Australian economy, the recently released retail sales and trade surplus data is providing a volatile outlook for 2020. The ABS has recent...

RBA Keeps Interest Rate Unchanged at 0.75%, Decision Largely in line with Market Expectations

News Feb 04, 2020

In line with the market expectations, the Reserve Bank of Australia (RBA) has kept the interest rates on hold at 0.75 per cent in its first meeting of the year 2020. Financial markets were pricing a 20 per cent chance of the rate cut in February, aft...

ASX Sinks 1.4% amid Aggravating Concerns over Coronavirus Outbreak

News Feb 03, 2020

Over worries of an economic downturn from the fast-spreading coronavirus, the Australian share market has slumped by as much as 93.9 points or 1.4 per cent on its first trading day of February 2020. Materials and energy sectors were the worst-hit, th...

Apple Saves NASDAQ from the Coronavirus Dip

World Jan 30, 2020

S&P 500, which closed at 3324.54 on 24 January 2020, reported a sudden downfall, reaching 3243.63 on 27 January 2020, representing a fall of 2.43%. The sector was strongly impacted on Monday, 27 January 2020 because of the exposure concerns relat...

US stocks deliver positive performance led by Apple and Tesla; Market negates coronavirus fear

World Jan 30, 2020

NASDAQ Composite, Dow Jones Industrial Average (DJIA) and S&P 500 – the three major indices - ended 29 January 2020 broadly in line with the previous day’s close. While NASDAQ Composite moved up marginally with a return of 0.059%, DJI...

Better-Than-Expected Inflation Figures Lower Expectations of February Interest Rate Cut

News Jan 29, 2020

The probability of an interest rate cut by the RBA in February 2020 substantially falls following the release of the better-than-expected consumer price index for December 2019 quarter by the ABS. The odds of 25 basis points rate cut next month has s...