End of Year Wrap 2018

PDF
A A A
1 min read

Prospects for the Australian economy remain good. The Reserve Bank recently said that GDP growth would be around 3½ per cent on average in 2018 and 2019. And we wouldn’t greatly disagree with the forecasts.

Aussie consumers are spending, underpinned by lower prices and a strong job market. Consumer confidence is above longer-term averages (or ‘normal’ levels’). Household consumption is growing close to 3 per cent – near the strongest annual rate in six years.

 

 

Year in Review; Year in Preview

The US-China trade dispute dominated investor attention over 2018. Other issues in focus over the year include Brexit and the debate over “neutral” interest rates in the US.

The Big Issues of 2019

CommSec Chief Economist Craig James discusses the issues likely to impact global markets in 2019, including US-China trade relations, low inflation and property prices.
 

Winners & Losers in 2018

As of 19 December 2018, of 73 global sharemarkets monitored, only 17 stand in positive territory for the calendar year. The Aussie sharemarket is actually mid pack.