14 Jan Economic Barometer: 10 Second Story Line

Ian’s top tips for money market activity this year…

Real Estate Values:         STAGNATE TO FALL

Share market:                  LOST DECADE of REAL GROWTH

Interest Rates:                 RISING  (banks raising their own rates to maintain profitability)

RBA Cash Rate:               STATIC AT 1.50% with a bias to fall

Credit Markets:               TIGHTENING

RSP PREDICTION for 2019

1. Consumer spending will fall
2. Economic GDP will fall
3. Unemployment will creep up
4. Non-bank lending will increase
5. RBA may need to consider dropping rates
6. Opportunity: Never Been Better.

Please contact Brad or Ian if you want to talk about any of these topics or your own business needs.