High levels of foreign migration have become contentious throughout the developed world. A 2023 Dutch study even sought to calculate the net-fiscal benefit of migrants by origin. So while reading Australia’s 2026-27 Medium-term Budget Outlook, a s ...
Learn moreHigh levels of foreign migration have become contentious throughout the developed world. A 2023 Dutch study even sought to calculate the net-fiscal ...
Learn moreHigh levels of foreign migration have become contentious throughout the developed world. A 2023 Dutch study even sought to calculate the net-fiscal ...
Learn moreWith the war in the Middle East petering out and after three rate rises this year, the RBA is feeling much better about inflation and its ability to deal with whatever comes next. Warsh put his stamp on the FOMC, and June marks ten years since the Brexi ...
Learn moreAustralia’s superannuation system is world-famous, at least among policy wonks and global fund managers! This is because of its overall size, currently at AUD 4.4 trillion in assets, which is the fourth-largest pool of retirement savings in the wo ...
Learn moreThe Board kept interest rates at 4.35%. It was unanimous. Governor Michele Bullock is feeling quietly confident. After three-consecutive rate rises, monetary policy appears to be just right. Economic growth, unemployment, and inflation are moving in ...
Learn moreEver since the US attacked Iran in late February, the price of oil has been like a rollercoaster. Australian businesses have been riding that rollercoaster and haven’t yet been thrown off track. In a special May survey by the Australian Bureau of ...
Learn moreThe war in the Middle East continues to play havoc with global inflation, bond yields, and growth. After three-consecutive rate rises, the RBA will likely keep rates on hold next month. Meanwhile, the US is moving from a position of a possible rate cut ...
Learn moreThe German economy stalled when the Ukraine war pushed up its electricity prices. Similarly, many economies are sputtering with the impact of the Iran war. Australia experienced higher gas prices at the start of the Ukraine war and many industries a ...
Learn moreWhile China overtook Japan as Australia’s largest export destination in 2009, Japanese foreign direct investment in Australia is currently over four-times that of China’s. Japanese FDI flows in Australia has increased significantly since ...
Learn moreThere are different budgets for different times. Sometimes a government needs to tighten its belt and record a solid surplus. Other times, money needs to be handed out to forestall a recession. Despite the turbulence of the war in Iran, this year’ ...
Learn moreThe two-week ceasefire for the Iran war became indefinite, according to the US, while the blockade of the Strait of Hormuz was doubled. Markets reacted to daily social media posts from President Trump and Iran with their own rhythm. Central banks are po ...
Learn moreFor a third consecutive meeting, the RBA raised interest rates by 25 bps. The cash rate is now at 4.35%. Eight members of the Monetary Policy Board voted for the 25 bps rise, while one voted to hold. The RBA has raised interest rates hard and ...
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