Oct 22
Source: RBA & Delta Research & Advisory I can’t believe how time is flying and it is more than a month since I posted my last bond yield curve. The Mid Year Economic & Fiscal Outlook released today has provided numbers supporting a further slowdown in government revenue and this economic weakness has certainly been …
Oct 10
I am a little amazed at how many articles across the newspapers of Australia have suggested that residential house prices are going to go through the roof given the latest interest rate reduction from the RBA. The chart below shows that house prices have declined over the last couple of years or so, but somehow its …
Oct 05
Source: Delta Research & Advisory, RBA, Morningstar Direct The above chart shows the forward 5 year annualised return of the UBS Composite Index and the 5 year Australian Government Bond index. The last data point in the chart is Septembr 2007 meaning the forward 5 year return is the annualised return of the UBS Composite …