ASX 200 hits 11-year high | Sky News Australia

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The ASX 200 has reached an 11-year high this week and the general health of the Australian consumer remains strong, according to Lincoln Indicators Executive Director Elio D’Amato.

Mr D’Amato has told Your Money there were a number of ‘real factors driving the strong performance,’ including low-interest rates and CPI figures

indicating the fall of petrol prices. Despite falling house prices, Mr D’Amato says ‘we’re very comfortable with where the market’s at’. Video source: YourMoney.com.au

 

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Billionaires getting richer woo hoo!!!! When exactly is that money going to trickle down? AusVotes19

Sky desperate to hide the crashing economy in the election campain, remind me again why everyone is saying there is cuts coming as soon as next month, because the liberals the economic vandals have destroyed the economy

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Business Brief: Market ‘bored’ by election | Sky News AustraliaThe market appears to be ‘remarkably bored’ by the election, according to Stephen Koukoulas, with the ASX coming close to hitting an 11-year high.\n\nThe 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.\n\n\n\n\n\n\n\n\n
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