23 Total Quotes

Shane Oliver Quotes

Cheap products from China and a very competitive pricing environment is helping keep underlying inflation in check. Interest rates are on hold for the time being.
Shane Oliver
#Environment

Slowing housing, weak consumer spending and benign underlying inflation give the bank plenty of reasons to leave interest rates right where they are. Fuel prices are up, but thanks to an extremely competitive retail environment and cheap imports, prices for a whole range of items remain weak.
Shane Oliver
#Inflation

It's consistent with an economy that's starting to pull back up in Korea, with a bit of consumer demand starting to come through again. I would expect the unemployment rate will start to decline and will fall further.
Shane Oliver
#Economy

The situation is far healthier. The risk of another Asian crisis is very low.
Shane Oliver
#Crisis

Rising fuel prices will keep a lid on consumer spending for some time, slowing economic growth. The central bank will keep interest rates on hold.
Shane Oliver
#Growth

So on this basis, and thanks to very strong earnings growth, the Australian share market is still cheap.
Shane Oliver
#Growth

An upside risk for Australian shares though is that a bubble forms on the back of enthusiasm for China and resources stocks.
Shane Oliver
#Enthusiasm

In corporate debt, you have the credit risk of borrower defaulting … and that's why people rely on the rating agencies to provide a guide on the default risk, and the other risk is that there could be a blow out in yields, for instance, you buy a portfolio and inflation takes off or companies go bust.
Shane Oliver
#Debt

The Chinese economy continues to motor along at a pretty solid pace. There has been a bit of a rebalancing of the economy over the past few years away from fixed-asset investment toward the consumer.
Shane Oliver
#Economy

It shows you can't rely on another big jump in coal and iron ore prices to bail out the trade deficit.
Shane Oliver
#Trade

A correction or period of consolidation is due and this now appears to be happening.
Shane Oliver
#Correction

Long-term economic growth is not sustainable if it's coming mostly from remittances. To maintain a strong living standard, the Philippines needs to encourage investment and that will build productive capacity and sustain consumption over the long-term.
Shane Oliver
#Growth

Exports probably would have improved a little bit but not much, so it's really just a continuation of the past - we're not looking for a dramatic change.
Shane Oliver
#Past

It is a significant psychological milestone, the approach of which has triggered some profit-taking over the past six weeks.
Shane Oliver
#Past

The homes sales data is more important, because if the market continues to slow, that will ultimately take pressure off the U.S. Fed Reserve.
Shane Oliver
#Sales

Based on the current level of bond yields and earnings fair value around 5 600 points, the dividend yield remains attractive compared to alternative investments.
Shane Oliver
#Value

U.S. interest rates are pretty close to the top. By year- end it is quite likely the Fed will be shifting toward easing monetary policy and investors will be starting to wonder about a renewed widening in the Australian and U.S. interest-rate gap.
Shane Oliver
#Interest

Developments in New Zealand are of little relevance to Australia, so won't have a lasting impact.
Shane Oliver
#Australia

Asian stocks have completely turned themselves around the past decade, and they're going higher.
Shane Oliver
#Past

The general picture is for a substantial performance in Asian shares as consumer spending in Japan and China, in particular, fuels profit growth.
Shane Oliver
#Performance

Interest rates globally are putting some pressure on financial stocks. It's quite possible we go through a bit of a correction in share markets around the world.
Shane Oliver
#Interest

Global share markets appear to have entered a period of correction after most markets had a fairly strong start to the year.
Shane Oliver
#Correction

The bank is concerned about inflationary pressure in the economy given the strength in the global economy and higher commodity prices. It will be a knock on the head for both retail and housing.
Shane Oliver
#Economy