Interest rates likely to support housing longer term

Livewire Exclusive

Livewire Markets

Interest rates likely to support housing longer term. On sectors and stocks to watch this reporting season, Chris Stott, CIO at Wilson Asset Management says; We continue to believe that companies that are tied into the housing sector have scope to outperform. Many of these companies have experienced large re ratings in the last 12-18 months. We think this housing cycle will be longer than previous given the scope for interest rates to remain at record lows for the next 2-3 years. Further interest rate cuts cannot be discounted. The IT services sector is one we are currently cautious on in Australia. In parts, this sector is undergoing a structural change which will dampen the outlook for earnings growth in the medium term. Economic growth remains sluggish which is not conducive for these companies to outperform in our view.


Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter