There's Money to Be Made Betting Australia Eases in 2016: Goldman

Goldman Sachs Asset Management says the Reserve Bank of Australia is more likely to cut interest rates in 2016 than lift them and there’s still money to be made betting on a shift down.

The fund manager, which oversees or advises on more than $1 trillion globally, says shorter-dated Australian bonds look more attractive than similar debt elsewhere. While policy makers have strongly signaled they don’t want to cut the record low 2 percent cash rate, there’s room for the market to speculate about further easing, according to Philip Moffitt, the Sydney-based head of Asia-Pacific fixed income.