MID MORNING MARKETS 22-3-18

The ASX is down 39 points in mid morning trade. Materials, Gold & Energy up, everything else lower. Banks under pressure. All about the FOMC, $US and employment data ahead. FLT and CAR ex-div #ausbiz TODAY Ex-dividend – Anglogold (AGG) 1.2c, Big River Industries (BRI) 3.5c, Carsales.com (CAR) 20.5c, Flight Centre Travel Group (FLT) 60.0c,… Continue reading MID MORNING MARKETS 22-3-18

APRA’S LENDING RESTRICTIONS A DRAG ON ECONOMIC GROWTH…BUT IMPROVE ITS HEALTH

Australia’s national accounts were released last week. At a headline level, growth as measured by GDP disappointed most economists’ expectations, rising just 0.4% in the December quarter to be up 2.4% for the year. This represented a slowing from the 2.9% growth recorded in the year to September. The biggest positive contribution came from growth… Continue reading APRA’S LENDING RESTRICTIONS A DRAG ON ECONOMIC GROWTH…BUT IMPROVE ITS HEALTH