What high household debt means for investors

Published: February 14, 2018

“High house-hold debt is Australia’s Achilles heel,” says AMP Capital Head of Investment Strategy and Economics and Chief Economist, Shane Oliver. “I’ve been thinking this for many years now and yet it seems to keep going higher.” Latest data from the Australian Bureau of Statistics puts total household liabilities at $2.466 trillion, or 199.7 percent […]

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Equities riding on fear not fundamentals

Published: February 14, 2018

“The only thing we have to fear is fear itself,” said Franklin D Roosevelt at his inauguration as US President in 1933. I think “the only thing we have to fear is the fear index itself” is a better description of where investors are at right now.  It’s been a wild ride on Wall Street […]

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The problem with the active vs passive debate

Published: February 14, 2018

How did we find ourselves here?  It’s a question I ask myself whenever I come across an article or when I’m drawn into a discussion comparing index fund returns with the after-tax returns of active fund managers. And I’m asking it a lot lately.  As head of AMP Capital’s Multi Asset Group, the debate is […]

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Industrials: top pick for real estate sector

Published: February 14, 2018

The sudden market realisation that US borrowing costs are likely to rise significantly this year will drive demand for real estate investments that offer income growth, according to AMP Capital Head of Real Estate Research Luke Dixon. The US stock market endured its biggest plunge in six years earlier this week, triggering ongoing volatility across […]

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Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, February 2018

Published: February 6, 2018

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. There was a broad-based pick-up in the global economy in 2017. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth has also picked up in the Asian economies, partly supported by increased […]

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Debunking 3 myths about listed infrastructure

Published: December 14, 2017

Did you know it takes 957 gallons of water to create a single Big Mac? Some 550 million Big Macs are consumed each year in the US alone. That’s a lot of water. But we simply wouldn’t have Big Macs without the infrastructure to filter and transport water to each part of the Big Mac […]

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Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, December 2017

Published: December 5, 2017

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over 2017. Labour markets have tightened and further above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy continues to be supported by increased spending […]

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Could our mortgage monster become the Christmas Grinch?

Published: November 14, 2017

The disappointing retail sales figures from the last quarter could be just the tip of the iceberg for those watching the retail sector heading into Christmas, reckons Dermot Ryan, AMP Capital’s Portfolio Manager – Australian Equities. But it’s not likely to be the so called “Amazon effect” of internet shopping, nor competition from fast fashion […]

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4 steps to help protect portfolios against political risk

Published: November 14, 2017

When Australia’s High Court ruled deputy prime minister Barnaby Joyce ineligible to sit in Parliament because of his dual New Zealand citizenship, the decision briefly sent tremors through equity and currency markets. It was a clear reminder that political risk matters to markets. We face troubling political and geopolitical risk across the world: Trump, Brexit […]

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Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, November 2017

Published: November 8, 2017

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy are continuing to improve. Labour markets have tightened and further above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy is being supported by increased spending on […]

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