Archive - Dec 2017
Market Commentary – December 2017
Dec 31, 2017
The ASX200 index completed a strong quarter raising 6.7% to close at 6,065. The RBA’s economic outlook continues to improve with growth expected to continue on-trend this year. The mining sector is expected to weaken further for some time to come. The housing market cycle appears to have peaked. Upcoming supply releasing into the market in the coming 24 months has prompted governing bodies to tighten lending standards coupled with other supervisory measures to restrain household debt levels.