Australia’s Treasury Secretary, John Fraser, spoke on Australian economic conditions today, noting that Australian business conditions are at a record high, but cited global trade tensions as a potential catalyst for further market volatility which could hamper growth. Fraser stated that non-mining investment continues to grow, and is beginning to show real signs of strength, while mining investment is expected to pick up considerably moving forward. Fraser also noted that “strong employment conditions” will spark wage growth, though this has become a very comfortable line for the Reserve Bank of Australia (RBA) and has seen little development so far. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/JPY struggling to keep aloft above 82.50 FX Street 5 years Australia's Treasury Secretary, John Fraser, spoke on Australian economic conditions today, noting that Australian business conditions are at a record high, but cited global trade tensions as a potential catalyst for further market volatility which could hamper growth. Fraser stated that non-mining investment continues to grow, and is beginning to show real signs of strength, while mining investment is expected to pick up considerably moving forward. Fraser also noted that "strong employment conditions" will spark wage growth, though this has become a very comfortable line for the Reserve Bank of Australia (RBA) and has seen little development so far. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
