Close this search box.

Market Update September 2017

  • Domestic share market has fallen around 50 points or just under 1%.
  • The US share market however continues to climb and has risen around 50 points (around 2%).
  • Australian GDP forecasts for 2017 were revised down to 2% – 3%, from 2.5% – 3.5%. Inflation was revised up to 1.75% – 2.75% from 1.5% – 2.5%. These were driven by poor GDP results in Q1, combined with a stronger Australian $.
  • Business confidence has risen, where consumer confidence  fell over 1%.
  • Unemployment remained steady at 5.6%.
  • US GDP rose in Q2 taking the annual adjusted figure to 3%, however Hurricane Harvey in Texas will have a $120 billion price tag for the recovery effort.

Book a FREE 15 minute meeting

Plant a tree with us today, to sit in the shade in the future.

More From Hudson Financial

Annual Update – How Much Does the Average Person Require $ Per Annum to Live a Comfortable Retirement?

I have provided an update on the estimated annual cost to live a comfortable or modest standard of living in retirement for singles and couples....

SMSF Pros and Cons

Self-Managed Superannuation Funds (SMSFs) have been dominating my conversations with clients of late.  I have one and my main motivation in doing so was to...

Transitioning From an Accumulator to a Retiree

Transitioning from the accumulation phase to the retirement phase represents not only a change in financial strategy but also a complete psychological shift, one that...
Scroll to Top