Australia’s All Ordinaries Index and ASX200 finally broke through their 2007 record highs set before the GFC.
While there is speculation on the possibility of additional rate cuts in the near future, the RBA’s decision this month was to hold the cash rate at 1.00%. We also look at the other economic indicators that paint a picture of the health of the economy, including consumer sentiment, movements in the Australian dollar, unemployment and wages as well as the state of the property market across all of the capital cities.