The trade-off between Sydney property & a slowing China
Pendal Group
With explosive growth in Sydney’s house prices yet to cool and a closer look at recent employment data revealing a pause in the upward trend of the unemployment rate, the RBA is reluctant to cut interest rates further, with interest rates held at 2.0% at this week's meeting . But as the Chinese economy continues to slow as further evidenced by the turbulence in the Chinese A-share market and its effect on the Australian economy, the RBA may be forced to cut rates to 1.5% by the end of 2015. Why? Portfolio Manager Peter Farac looks at why movement in Chinese A-shares matter for Australia and how they are being balanced with the concerns the RBA has with cutting rates (VIEW LINK)
At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve...
At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve...