Australia to benefit from global search for yield – Livewire Markets

With Australia on the path to recovery and the second wave apparently arrested, all eyes yesterday were on the Federal government and the RBA as they handed down the Federal budget and rate decision.
While the RBA disappointed, leaving cash rates on hold, the budget delivered a range of measures designed to boost jobs and spending.
With these two key events out of the way, and markets digesting the information contained within, I reached out to David Choi from Aberdeen Standard Investments t…

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