“The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.”
“There were signs of a recovery [in the sector] before September. These are planned purchases, and we're seeing a release in pent up demand, especially among baby boomers.”
“Increased confidence, a strong housing sector and low interest rates have got Australian consumers in buying mode.”
“It doesn't make sense to have low inflation and a struggling manufacturing sector and not cut rates.”
“This downward revision to the annual GDP growth rate mainly reflects lower growth in key areas of the services sector and in construction,”
“Strong corporate earnings are fuelling capital spending and spilling over to the household sector, supporting consumption.”
“The factory sector continues to grow at a fast rate, probably further absorbing existing capacity. We look for healthy increases in both industrial production and factory usage.”
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