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Blog

September 3rd, 2014
Profits and the Australian economy - not bad!

Key Points:

  • The profit reporting season that just ended was reasonably good with profit growth expectations affirmed.
  • While June quarter GDP growth slowed, it reflects pay back for unbelievably strong March quarter growth. Forward looking indicators point to a gradual pick-up in demand driven by a rebalancing in the economy.
  • The combination of improving growth and low interest rates suggest the trend in Australian shares remains up.

Read More

 

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We are confident that we will continue to receive excellent advice and services from PFG and have not hesitated recommending them to our families and friends.

Anna Hristodoulakis and Milorad Lazic

Accredited by AMP Financial Planning
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