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2017 March Quarter Review
Read more: 2017 March Quarter ReviewEconomic Overview Global policy makers expressed a cautious welcome for continuing signs of improving activity during the March quarter. The Reserve Bank of Australia noted a pick-up in global trade and industrial production, alongside a tightening of labor markets. In the US, economic data continued to be supportive. Non-farm payrolls were robust and activity indicators buoyant. Manufacturing purchasing managers’ index (PMI) increased and the consumer confidence index rose to its highest level in 16 years. Reflecting the improving outlook for growth and inflation the Federal Reserve increased rates by 0.25% in March. Optimism over Donald Trump’s plans to cut taxes,…
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Planning Still The Only Miracle Cure
Read more: Planning Still The Only Miracle CureGood news came last week in the form of another miracle anti-aging cure. Sadly, the buzz kills at ABC’s Media Watch were quickly on the case. Reminding us it was just another “years away, only tested on mice, not yet even applicable to humans” story that had been pumped up by excitable journalists. Moving on and it’s another week with another cure. This week there’s good news on stopping dementia – sadly and again, it was only great news for the mice community. With human trials at least five years away. If you haven’t taken the hint in the first…
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Market Correction Obesession
Read more: Market Correction ObesessionFeeling a little too comfortable? Without a correction, the tired media headline of “X billions wiped off the sharemarket today” has been on hiatus so far this year. In its absence, there has been continued pontification about the overvaluation of shares, hinting about our closeness to a correction, and which of President Trump’s tweets might start any downfall. In other words, if you don’t have any actual news to report, talk about the next best thing – the potential for something to happen. This has been occurring throughout the media landscape, but The Australian Financial Review (AFR) is particularly good…
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Seniors Expo 2017 Dubbo
Read more: Seniors Expo 2017 DubboThe Dubbo Neighbourhood Centre are hosting the Seniors Expo for 2017. It will be held at the Dubbo RSL Auditorium on 8 March 2017 from 9am. Foundation Wealth Planners amongst other local services will have a stall and some presentations. Seniors Expo flyer [rt_social_media_icons]
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The Logical Sequence of Life
Read more: The Logical Sequence of LifeIn the ongoing talkfest over housing affordability it’s clear the only affordability solutions ever given serious consideration by any government are the ones likely to push up house prices. These solutions either give more money to first home buyers or increase the amount of debt they can take on. Both seem like gifts to the inexperienced, but only serve to make housing more unaffordable by adding to demand. As ABC business reporter Ian Verrender recently pointed out: For all the furrowed brows, the sombre looks and the public handwringing from policy makers, no-one is actually serious about fixing the problem…
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