Market Update – March 2015

This month’s Market Watch key points include:

On the domestic economy The Reserve Bank of Australia (RBA) noted that “growth is continuing at below-trend pace, with domestic demand growth overall quite weak.”

House prices continued to accelerate in March, rising 1.4% per month and 7.4% per year according to RPData-Rismark.

The Australian dollar fell 2.6% against the US dollar to $US0.7607 and traded as low as $US0.7571 in the month, the lowest level since May 2009.

Request a Free Consultation