ARTICLE
24 January 2013

Economic and Market Outlook - As at 31 December 2012

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Moore Australia

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Moore Australia part of a global network of offices, providing auditing and financial reporting services, advising local, national and international clients in the public and private sectors. Moore Australia generates annual revenues in the region of $80m. Moore Australia is part of the Moore Global network and has 14 offices with over 450 people nationwide. Moore Australia has extensive experience in state and local government, biotechnology, energy mining and renewables, health and aged care, education, manufacturing, not for profit, property and construction, retail and tourism and hospitality and has a strong presence in the following service lines: Asia Desk, Audit & Assurance, Business Advisory, Taxation, Corporate Finance, Governance and Risk Advisory.
The national accounts released on December 5 showed that the Australian economy grew by 0.5% in the September quarter.
Australia Wealth Management

International Economy

You could be forgiven for thinking that the recent stability on global financial markets has been a function of a significant easing of global risks. Central Banks globally continue to run very supportive monetary policy settings designed to keep money cheap and plentiful.

With interest rates already very low, unconventional policies such as quantitative easing in both the United States and the Euroone (EZ) continue to enhance liquidity... read more

Australian Economy

The latest national accounts released on December 5, showed that the Australian economy grew by 0.5% in the September quarter, and by 3.1% over the year. Although the annual growth rate is below the 20 year average of 3.5%, it should be noted that around 10 of those 20 years were artificially boosted by debt fuelled growth that was ultimately unsustainable. An annual growth rate of around 3% or above should be viewed favourably... read more

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Economic and Market Update

This publication is issued by Moore Stephens Australia Pty Limited ACN 062 181 846 (Moore Stephens Australia) exclusively for the general information of clients and staff of Moore Stephens Australia and the clients and staff of all affiliated independent accounting firms (and their related service entities) licensed to operate under the name Moore Stephens within Australia (Australian Member). The material contained in this publication is in the nature of general comment and information only and is not advice. The material should not be relied upon. Moore Stephens Australia, any Australian Member, any related entity of those persons, or any of their officers employees or representatives, will not be liable for any loss or damage arising out of or in connection with the material contained in this publication. Copyright © 2011 Moore Stephens Australia Pty Limited. All rights reserved.

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