Investment Market & Portfolio Conditions Update for – 20 July 2017
Welcome to the latest newsletter  - Click on the link below to view the latest newsletter Summary of Key Points

The main recent events of significance have been:

The Reserve Bank of Australia maintaining its official rate unchanged at 1.5% p.a. but indicating that it now considered the neutral rate to be 3.5% p.a., hence foreshadowing a series of increases to this level over some unspecified period. This added to the upward pressure on bond yields and consequent downward pressure on equity market prices, particularly in interest sensitive sectors such as listed property trusts.

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