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The 'Internet of Things' - the next mega-trend

Just when you thought you had a reasonable handle on the internet, in terms of how it can make your life easier, and how it can help you grow wealth, a new internet wave is coming our way - big time. It's called the 'Internet of Things', and it's got the potential to connect 28 billion 'things' to the internet by 2020, ranging from bracelets to cars.

30 Sep 2014
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Downside risks to consumer spending

Consumer spending accounts for 53 per cent of the economy (real GDP), so the degree to which households decide to spend or save is critical to the economic outlook. A major positive for spending of late is rising household wealth, but we should not overestimate its impact, as weak income growth poses a major offsetting downside risk to consumer spending.

30 Sep 2014
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