Migrate to Australia: economic outlook18 August 2016 by News Desk
Migrate to Australia and live in a country that boasts a stable ‘Triple A’ credit rating.
Migrate to Australia where the economic outlook is strong and stock market revenues and profits are increasing.
“While European countries remain mired in economic uncertainty Australia is powering ahead,” says Darrell Todd, founder of thinkingaustralia.
“Australia’s AAA credit rating has been confirmed by global ratings agency Moody’s who say the country maintains its stable outlook. There’s no better time to migrate to Australia”.
Moody’s say that the country’s proven economic resilience will endure; the country has a strong institutional framework and stronger fiscal metrics than other Tripe A rated nations.
Migrate to Australia: economic outlook
Meanwhile, while other countries have suffered as result of the UK Brexit vote, Australia has gained from Britain’s decision to leave the European Union.
An increase in trade following the Brexit vote has given the Australian Securities Exchange a major boost.
ASX profits have increased 7.1 per cent to $426.2 million for the year to June while revenue increased by 4.6 per cent to $908.3 million.
The ASX has gained much from adopting new technology that harnesses market data to offer new products and services. This can help reduce risks and costs of implementing tough new regulations introduced in the wake of the global financial crisis.
Listings on the ASX increased over the period, boosting listing revenue by 4.3 per cent to $149.4 million with the value of initial public offerings (IPOs) at $23.6 billion.
ASX chief executive Dominic Stevens expects market volatility to continue this year with the US election result adding to fallout of the Brexit vote. But the ASX will continue to flourish he says.
“I have inherited a business in a very good shape and with a strategy that is focused on delivering positive outcomes for shareholders and customers”.
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