Government remains determined to achieve surplusMid Year Economic and Fiscal Outlook It remains a stretching forecast, but the Government is by no means abandoning its goal of getting the budgetback into balance. While the goal of reducing the budget deficit is laudable, it is by no means essential forAustralia to push its accounts back into…
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Investor Signposts: Week Beginning October 28 2012Upcoming economic and financial market events So do the revised figures on the Federal Budget make a rate cut more likely, or less likely, on Melbourne CupDay? Analysts have differing views. Some say that the changes announced in the mid-year update were largelyaccounting tricks. Others say that the determination…
Strathfield Partners Newsletter October 2012
BUILDERS NEGLIGENCE – OWNERS CORPORATION LOSES ALL RIGHTS We reported recently on the Supreme Court of NSW case dealing with the problems experienced by Owners Corporation’s in pursuing claims against builders and developers in the area of negligence (as opposed to any statutory right under the Home Building Act 1989) – Strata Plan No 72535…
Strathfield Partners September Newsletter
The Reserve Bank has surprised the majority of economists by cutting the cash rate by 25 basis points to 3.25% at its October monetary policy meeting today. This is the lowest the cash rate has been since October 2009. It is only one 25-basis-point rate cut off the record low of 3%, which was in place…
Strathfield Partners August Newsletter Korean Translate – Strathfield Partners August Newsletter
In a widely expected move, the Reserve Bank has opted to keep interest rates on hold at 3.5 per cent today. The decision comes as inflation remains reasonably steady and after the property market has shown tentative positive signs heading into spring. “There was very little chance of the Reserve Bank cutting rates today given…
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