Investment Market + Portfolio Update for May 2017

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Summary of Key Points

  • In Australia the RBA left its short-term official rate unchanged at the record low of 1.5% p.a. again while the Federal Government Budget tacitly envisages larger deficits for longer.
  • Equity market valuations have improved in the USA, Australia and Europe as bond yields declined and long term earnings per share growth improved.
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    Additional information relating to Ethics in Financial Planning and other general financial planning information and industry links.

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