Australia’s Treasurer opened up the wallet in his big spending Federal Budget this week, and equity markets strategists say investors have reasons to cheer. Delivering his third budget on Tuesday night ahead of an election in the next 12 months, Josh Frydenberg...
JPMorgan has upped its price target for the S&P/ASX 200, arguing a sustained correction in equity markets is “unlikely” and investors should continue to ride the reflation wave and momentum in cyclical sectors. In new research today, the broker’s Sydney-based...
