The Australian Financial Review --- Page: 62 : 11 August 2007 No author supplied for original article
LexisNexis Summary
The Australian economy is strong. Consumer spending and borrowing levels are remarkably high, despite recent increases in official interest rates. Some groups in the community will be more affected by rate rises than others. Self-funded retirees will actually benefit from the higher interest rates, and if they make sensible decisions, investors will also benefit. Investors should not be deterred by the current situation in the US. The sub-prime mortgage crisis will not necessarily affect Australia. Provided careful research is undertaken and sensible decisions are made, there is no reason to stop investing. Editorial.
