February 2019 - Bongiorno Financial Update

What's in this issue?

• Australian growth has slowed again. The housing cycle downturn and its impact on the economy will likely see growth constrained to around 2.5-3%.

• As a result, spare capacity is likely to remain significant, keeping wages growth and inflation low.

• The RBA is likely to cut rates in 2019 and the housing downturn will likely see Australian shares continue to under perform global shares.

We hope you enjoy this issue.

ANTOINETTE BONGIORNO 
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