The following notes takes a look behind the Reserve Bank of Australia’s (RBA’s) target cash rate, its impact on commercial lending rates, the $A, and what interest rate changes mean for the economy. Read More
This note reviews the reporting season just ended and equity market valuations. The key points are as follows: – While profits for Australian listed companies fell over the last year, the profit reporting season just ended has been far better than expected. This has been the case globally and share analysts’ earnings expectations are now…