Salient to Investors: The median economist expects Australia’s government bonds to beat Treasuries for a third year in 2013 Robert Mead at Pimco said the new normal is finally catching up with the Australian economy – the RBA will keep Australian interest rates low. Mead strongly recommends Aussie bonds as an
READ MORE... →Salient to Investors: Michael Althof at Pimco said: Pimco favors inflation protection in Australia and the US as global stimulus stokes faster price increases. Central banks are more willing to risk inflation as a trade-off for growth and employment, and pressure for higher inflation longer-term makes index-linked bonds attractive. Pimco likes Australian bonds
READ MORE... →Salient to Investors: Credit Suisse said: Australians have a median wealth per adult of $193,653, the world’s highest. median worth The Asia-Pacific region topped Europe as the largest wealth-holding region Australia’s proportion of individuals with wealth above $100,000 is the most of any country and eight times the world average
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