The limelight turns to corporate performance and the resilience of earnings in the midst of rising energy costs, a subdued consumer and higher funding costs.
The Australian economy continues to grow, but at below trend rates. Previously, the slower than usual growth was due to the sluggishness in the non-mining economy and the inability to offset the wind-down of the resources investment boom. More recently, the slower growth has been due to the tentative household sector offsetting more-optimistic spending plans in the business sector.
Read the full Morgans monthly Investment Watch update.
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