(4 min read time)

I have attached Dr Shane Oliver’s most recent update, if, like me, you like to nerd out a little on the economic facts!

The key points……..

  • Annual Australian growth slowed to 1.7% in the March quarter (FYI this is normally around 2-3% p.a. and is an indicator of ‘how well things are going’ economically);
  • There is far more chance of another RBA interest rate cut than a hike, over the next year (wow!);
  • Australian shares will likely be higher by year end but global shares are likely to continue outperforming them for now (that’s why we diversify).

For the full article, click here.

Happy reading!

Cheers,

BL sig

Ben
The Financial Bloke