The valuations for the asset classes below are based on our long term forecasts, and as we have said many times before – over the long term fundamentals are what matter. In the short term, changes in sentiment are often the dominant influence on price...
Generally some modest moves higher across the equities asset classes depicted below. The impact from the RBA cutting cash rates to 2.5% in early August has not yet shown up in longer dated term deposit rates, hence our risk free threshold remains at 4.4%. We...
The fall in the Australian dollar has made overseas travel more expensive for globe-trotting Aussies and will increase the cost of imported goods, but it provides a much needed boost for the non-mining sectors of the economy. After hitting its most recent peak in April...
The relativities between the major asset classes depicted below is largely unchanged, notwithstanding that some strength in Australian Equities has pushed the valuation just into the bottom end of our Fair Value range. In International Equities the stark outlook between Fully Priced Developed Markets where...
14 May 2013 Much like in 2012, the Federal Budget only contained few surprises as many of the measures had already been legislated or pre-announced. The Federal Budget Analysis prepared by GWMAS trading as MLC Technical appears below. Summary The Medicare levy will increase by 0.5% to 2% pa from...
Over the past month we've seen positive movements in the Australian share market as well as in the developed international equities. Meanwhile, there have been downward shifts in emerging international markets along with listed property trusts. The table below shows our long term (10 year) expected...