Already a subscriber?but they have a very strong correlation to the share prices of big retailers that sell hardware, furniture and big-screen televisions.
Jarden analyst Ben Gilbert said the outlook for the household goods sector next year was more positive for big-ticket item retailers, as house prices were set to keep rising and the July 1 tax cuts eased some of the cost-of-living pressures on consumers.than what the Reserve Bank of Australia had hoped for, and most economists predicted that rate cuts would be delayed until next year.
The cost-of-living pressures have tempered household spending over the short term.
Electrolux Australasia MD Kurt Hegvold at the company’s factory at Dudley Park in inner Adelaide. Big brands made by the company include Westinghouse, Electrolux, AEG and Frigidaire. JB Hi-Fi shares have jumped from $44 in late October to as high as $65 this month, although they now trade around $60.The main risk for investors is more competition as Amazon enters the bulky goods segment in Australia. For that reason, Jarden’s best bets for investors include Wesfarmers – owner of Bunnings, Kmart and Target, Nick Scali, Mitre 10 owner Metcash and Beacon Lighting.