Better than the big boysBY BENJAMIN ONG | WEDNESDAY, 10 JUN 2015 9:35AMWhile Australia's real GDP growth of 0.9% in the first quarter surpassed expectations, majority of blokes and shielas saw the "half-empty glass" year-on-year growth rate of 2.3%. It was below trend. Related News |
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John Burke
GLOBAL CHIEF EXECUTIVE OFFICER
BENNELONG FUNDS MANAGEMENT LTD
BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
So further rate cuts for Australia won't be happening. Rate increases in the US won't be happening. $A then goes up. Growth slows in Australia because of high $A. Seems like a cycle that won't stop.