Summary: Leading index growth rate down in August; Westpac: momentum improved relative to 2022, 2023, but still soft; reading implies annual GDP growth of around 2.25%-2.50%; ACGB yields rise; rate-cut expectations soften; Westpac: expects extended period of sluggish performance to last even longer; Westpac: forecasts 1% GDP growth in calendar 2024, 2.4% in calendar 2025. Westpac and the Melbourne Institute describe their Leading Index as a composite measure which attempts...
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| Barings | 9.00% | Real Estate |
| Qualitas Real Estate (QRI) | 9.00% | Real Estate |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24