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Australia versus the rest of the world? That question will dominate sharemarkets in 2006 and Eureka Report contributors are generally going against the grain by arguing the best way forward is to stay at home. In today's video interview, associate editor Michael Pascoe talks to AMP chief economist Shane Oliver, who says domestic equities will continue to perform better than overseas counterparts in the year ahead. Separately, in a feature-length article forecasting global economic trends, ANZ chief economist Saul Eslake predicts problems in China after 2008 will have serious repercussions.
By · 13 Jan 2006
By ·
13 Jan 2006
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PORTFOLIO POINTS:

  • Share investors will have better opportunities in Australia than in global shares, says Shane Oliver.
  • Franking credits add 1–1.5% extra in after-tax returns from local shares.
  • Australian shares deserve to trade at a premium to overseas shares.
  • AMP continues to have about one third of the share portfolio in its diverisfied fund invested overseas.
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Michael Pascoe
Michael Pascoe
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