19Jun

Ausbil Dexia Economic Observer

The Australian equity market has been influenced by the softening macro economic environment and by the political concerns regarding the introduction of the ‘RSPT’. However, the Australian Federal Government seems to have found a resolution to the proposed tax with the Australian mining industry. Due to this macroeconomic and political backdrop, we find that there are significant valuation dispersions across the market that are creating attractive medium to longer term investment opportunities in a number of sectors.

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