Over the years, you have probably seen various economic clocks explaining the different phases, and their relative timing.
Economic Clock
As you’ll see, it is actually a “Multi-asset Investment Clock” — in that you have all the sectors displayed together: Shares, Property, Resources and Interest rates.
Furthermore, if you click on it … you’ll see the clock confirms Australia is midway through its Recovery phase.
h3. And the timing for Commercial property? [Read more…]
The RBA’s underlying rate of inflation rose by 3.5% in the year to September — less that what the markets and the RBA itself expected.
However, this figure needs to fall significantly for the RBA will put interest rates on hold again.
Rate Rises
With low inventories and industry capacity-use levels up over 80% once more … you could well see the economy reach full capacity sometime early in 2010.
And this was highlighted in last week’s job figures — showing employers took on 24,500 new workers in October, compared with the 10,000 expected.
[Read more…]
