The numbers you need

20 per cent chance

20 per cent chance

... of Australia falling into a recession, according to a survey of economists by the Commonwealth Bank's market research team. However, it notes that 20 per cent is the "default" forecast and indicates an 80 per cent chance of dodging a recession. And that Australia has historically gone through a recession every 13 years, giving an average odds of 25 per cent. And the market yield curve implies the chances of a recession are very low.

63 per cent

... that's the return of PM Capital's Absolute Performance Fund for the financial year just ended. The fund is the best-performing global shares fund over the year by a big margin. The Sydney boutique fund manager made the money for its investors largely as a result of successfully playing the recovery in Las Vegas house prices.


... the national average price in cents of a litre of unleaded petrol, which is a three-month high, according to the Australian Institute of Petroleum.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles