Amp news financial review
AMP News Financial Review is a leading Australian financial news and analysis publication that provides in-depth coverage of the financial markets, economy, and business news. Here are some key points from their recent news and reviews:
Market News
- The Australian stock market has been experiencing a volatile period, with the S&P/ASX 200 index falling by 1.4% in the past week. (Source: AMP News Financial Review)
- The Reserve Bank of Australia (RBA) has kept interest rates unchanged at 0.75% for the 10th consecutive month, citing low inflation and a strong economy. (Source: AMP News Financial Review)
- The Australian dollar has fallen to a 10-month low against the US dollar, due to concerns over the global economy and trade tensions. (Source: AMP News Financial Review)
Economic News
- The Australian economy has grown by 0.4% in the September quarter, driven by strong consumer spending and business investment. (Source: AMP News Financial Review)
- The unemployment rate has fallen to 5.2%, the lowest level in 7 years, with the number of people employed increasing by 41,000. (Source: AMP News Financial Review)
- The Australian government has announced a budget surplus of $4.1 billion for the 2019-2020 financial year, driven by strong tax revenues and reduced spending. (Source: AMP News Financial Review)
Business News
- The Australian banking sector has been under scrutiny following the royal commission into banking misconduct, with several major banks announcing significant changes to their business practices. (Source: AMP News Financial Review)
- The Australian retail sector has been experiencing a challenging period, with several major retailers announcing store closures and job losses. (Source: AMP News Financial Review)
- The Australian technology sector has been growing rapidly, with several startups and scale-ups announcing significant funding rounds and partnerships. (Source: AMP News Financial Review)
Investment News
- The Australian share market has been experiencing a correction, with several major indices falling by 10% or more in the past month. (Source: AMP News Financial Review)
- The Australian dollar has been falling against several major currencies, making it a good time to invest in international assets. (Source: AMP News Financial Review)
- The Australian bond market has been experiencing a rally, with yields falling to historic lows. (Source: AMP News Financial Review)
These are just a few examples of the news and reviews published by AMP News Financial Review. The publication provides in-depth analysis and commentary on a wide range of financial and economic topics, making it a valuable resource for investors, businesses, and individuals seeking to stay informed about the Australian financial markets.