Date Tuesday, October 8th, 2013
Time Reception & Registration 6:00pm
Venue Chinese Club, Floor 9th, 21-22 Connaught Road Central
Speaker Mr Norman Chan
Head of Investment
Calibre Asset Management, a wholly owned subsidiary of National Australian Bank
Content Australian Economic Outlook Post Election
1. Confidence improves: the election removes political uncertainty and the honey-moon effect means better confidence in business and hopefully consumers as well
2. Interest rate: recently there has been some better macro data which has lowered the need for another rate cut in the near term but NAB still expects another quarter-point easing before end of the year.
3. Currency: both the new administration and RBA seem to prefer a lower Aussie dollar to help rebalance the domestic economy in Australia and to cushion the potential drag from the peaking mining boom.
4. Economy: the new government will try their best to boost economic growth next year, whilst blaming the old admin on recent and near-future weakness, but the medium term outlook is better due to improved political structure and international economic recovery.
Admission Free to members of ACAHK and FAAA
(light refreshments will be provided)
Booking & Enquiry:
Tel: 25731357 / 39662890 Fax: 27763574 / 39662891 Email: [email protected]
Booking form can also be download from our website: Click Here