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Which countries’ sharemarkets are most likely to benefit from the economic recovery?

By Jeff Mitchell, Head of Investment Research, Australian Unity Personal Financial Services

Strengthening Australian economy
In Australia, the reporting season was mostly in line with market expectations and some solid results from consumer and housing related companies showed pockets of strength within the economy.

The Australian banking sector also continued to post resilient financial results. These were achieved despite the negative headlines in the media and the obvious pressures of declining interest rate margins, and slightly higher bad debt charges.

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