Summary: Leading index growth rate rises in July; weak, below-trend growth momentum will extend into 2024; reading implies annual GDP growth of around 2.15%; ACGB yields fall; rate-rise expectations ease; Westpac currently expects 1% GDP growth in calendar 2023, 1.4% in calendar 2024. Westpac and the Melbourne Institute describe their Leading Index as a composite measure which attempts to estimate the likely pace of Australian economic growth in the short-term....
| 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