Business Brief: Market ‘bored’ by election | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

The market appears to be ‘remarkably bored’ by the election, according to Stephen Koukoulas, with the ASX coming close to hitting an 11-year high.

The Managing Director at Market Economics believes it shows the market is ‘focussing on other things’, such as

the global economy, local profitability, and what the Reserve Bank will do with interest rates in the next few months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New ute out of China aiming to conquer global marketGreat Wall wants to scale heights no Chinese brand has before, setting its sights on the Ford Ranger and Toyota HiLux with its new dual-cab ute. Won't work the steering wheel is on the wrong side. might rust 9NewsPerth Where do I plug it in ?
Source: 9NewsAUS - 🏆 10. / 72 Read more »

The market shift that has given Trump's re-election chances a big boostA noticeable shift has taken place on Wall Street and among many economists and business leaders in recent weeks, and it's good news for President Trump. Assuming you are happy to ignore racism, misogyny and criminality Trump bullying the FED into lowering rates seems so is now classified as a 'market shift' 🤦‍♂️- Just ignore the all time high debts. If that is the case, Armageddon really is not far off. 🤬
Source: smh - 🏆 6. / 80 Read more »

The housing market is not the economyAnalysis: Swings in the housing market can have important implications, but the property market is not the economy Memo to media - stop talking about it Absolutely spot on. Same with population growth, it’s not the economy. But australias economy is equivalent to about 80 % of big 4 banks loan books most of that w housing. The risk is if housing prices dn dn then our gdp size dn dn
Source: smh - 🏆 6. / 80 Read more »

What the rental market tells us about property pricesWhat is going to happen next to Australia’s troubled housing market? jasemurphy 'In Melbourne, that question is not such a concern. With vacancy rates falling and strong population growth, there is apparently a willing market for those new homes. But in Sydney and Brisbane?'.. conditions aren't similar in Brisbane? Strong growth, falling vacancy?
Source: newscomauHQ - 🏆 9. / 77 Read more »