CommSec, Equities Economist, Savanth Sebastian gives us an update on how the domestic economy is holding up, in particular a look at the effect of the RBA’s decision to leave the Official Cash Rate on hold at 4.5% this month.
Mr Sebastian looks further at the factors behind the central bank’s decision on rates and whether it is likely that a rate hike will occur before the end of the year.
Looking at equities, Mr Sebastian gives us his forecasts and outlook for the benchmark S&P/ASX200 index. And lastly his thoughts on whether Australia may be back to boom times with the effects of the GFC behind us.
