Morgan Stanley here in Adelaide have released their July Investment Viewpoint.
"In June, Australian equities were unnerved by - 1) US Federal Reserve comments on the winding down Quantitative Easing (QE); 2) A spike in money market interest rates in China; and 3) Concerns over a domestic downturn...Nevertheless, an imminent resources production boom, the lagged impact of stimulative monetary policy, and even a change in Government, are some tailwinds that should mitigate the downside (in our firm’s view)."
Read more: Morgan Stanley Investment Viewpoint July 2013