The $AUS will do it

The theory we had picked up on in a previous article regarding the decline of the Aussie dollar and its subsequent impact on overall economic activity seems to be gaining momentum. The relief on certain industry segments has been described akin to another partial rate cut. The time to translate to an upturn in consumer confidence, if it occurs at all, is up for debate. More…

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All chained up

With the national residential property market flat-lined industry pundits are seeking signs of direction. Tony Sherlock’s (Morningstar) comments regarding interest rates point to a common thread “there is scope for further softness in residential, the bigger question is how long it will last, particularly given the RBA’s reluctance to cut rates with inflation and unemployment both apparently in check.” So are interest rate directions the primary driver of buyer sentiment, or partial excuses? More…