Australian Quarterly Update
What happens when a straight ‘A’ student starts bringing home ‘Bs’? We discovered one outcome of this report card for the Australian economy with back-to-back rate cuts from the Reserve Bank in June and July. In this quarter’s update we discuss why such easing was required, but more importantly what lies in store for future policy in Australia, including the possibility of quantitative easing. We also assess the outlook for Australian credit, which remains a balancing act between the global forces of trade war concerns and speculation of central bank action. Finally, we discuss a moving firsthand experience with responsible investing and how it has improved the outcomes for housing the homeless and victims of domestic abuse.
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