June 2008 Newsletter
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Monthly Markets & Economies Report for May 2008A review of the Markets & Economies for the month of May 2008 by Chief Economist Dr Shane Oliver. Why relaxing inflation targets would be bad for investorsThis Oliver’s Insights article looks at recent suggestions that Australia's 2% to 3% inflation target needs to be relaxed in the face of rising food and energy prices, and the implications of such a move for investors. The “Lehman” effectConcerns over the plight of New York investment firm, Lehman Brothers Holdings, and the potential that other financial institutions are yet to make similar announcements, have exacerbated the recent weakness on world share markets already staggering due to record high oil prices. Brad Matthews, Hillross Economist examines this issue. |