Outlook for Australian Equities

Ian Harding, Wavestone Capital | December 2011

In the December 2011 quarter, our local equity market remained intensely occupied by the worrying headlines out of Europe. Despite the supposed disconnect between our historical European cultural ties and the current Asian economic ones, our fortunes were lurching about on each European central bank or political statement emanating from that region. Market integration into Asia is clearly still some way ahead of us.

In Australia, the consumer remained cautious despite a positiv...