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Old 01-10-2007, 10:00 PM   #3
MaraReenece

Join Date
Oct 2005
Posts
422
Senior Member
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From a financial perspective, I think the share market will see gains of around 22% to finish the 2010 calendar year at around 6,000 points (ASX200). Although 22% growth may seem optimistic, it should be noted that the market would still be 12% below the November 2007 peak, so there is still plenty of clawing back to do.

I think 2010 will see relatively modest house price growth of around 5% nationally, but as always there will be states and regions which perform far better, and others that perform far worse. With interest rates heading nowhere but north, I certainly don't see 2010 being as strong as 2009 was in some states.

From a business perspective, finance is still relatively difficult to access, so I wouldn't expect too much growth. I think it will continue to be a year for companies with little or no debt to continue moving ahead of the pack.

It will be interesting looking back at this topic at the end of the year to see how far off we all were!
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