Shane Oliver
Shane Oliver
bank build exactly help increased investment pressure reserve wants
This is exactly what the Reserve Bank wants because increased investment reduces inflationary pressure and will help build capacity.
attractive based bond compared current earnings fair level remains value yields
Based on the current level of bond yields and earnings fair value around 5 600 points, the dividend yield remains attractive compared to alternative investments.
costs easier people pushing retail seems small stock
For the retail investor, a stock that costs $1 seems easier than a big-cap stock that costs $30, $40 or $80, so people are pushing into small caps.
effort largely linked risk
You need to put effort into determining the return, which is largely linked to the risk of the borrower.
data economic generally numbers rates recent reserve rise run soft support
Recent economic data has been on the soft side. There is nothing in the recent run of generally soft numbers that would support another rise in rates by the Reserve Bank.
assessment bounce house mark prices start sustained unlikely
Our assessment is that house prices may have a bounce but this is unlikely to mark the start of a sustained recovery.
asian past stocks themselves turned
Asian stocks have completely turned themselves around the past decade, and they're going higher.
assessment australian continue course earnings global growth higher mainstream next resources shares slightly stronger thanks
Our assessment is that Australian shares will continue to outperform mainstream global shares over the next year, thanks to a combination of higher dividend yields, slightly stronger earnings growth (helped of course by the resources sector) and franking credits.
australian bubble china enthusiasm forms resources risk shares though upside
An upside risk for Australian shares though is that a bubble forms on the back of enthusiasm for China and resources stocks.
appear correction entered fairly global markets period share start strong
Global share markets appear to have entered a period of correction after most markets had a fairly strong start to the year.
bail coal iron jump prices rely shows trade
It shows you can't rely on another big jump in coal and iron ore prices to bail out the trade deficit.
decision head knock recovery retail sales seeing slow
Today's decision will slow the recovery we've been seeing in retail sales and housing. It will be a knock on the head for both.
areas consumer exports fill help hole investment left luckily mining plug slowing
We need other areas to fill the hole left by slowing consumer spending. Luckily mining investment and exports are increasing, which will help plug the gap.
australian close easing fed interest investors likely monetary policy quite rates renewed shifting starting toward widening wonder
U.S. interest rates are pretty close to the top. By year- end it is quite likely the Fed will be shifting toward easing monetary policy and investors will be starting to wonder about a renewed widening in the Australian and U.S. interest-rate gap.