Everything everywhere is happening at once. The bond sell-off continued over the month even as the Fed increased the cash rate. Oil flow from the Middle East is nearing pre-war levels, but oil and diesel prices remain high. And the world freaked out abo ...
Learn moreEverything everywhere is happening at once. The bond sell-off continued over the month even as the Fed increased the cash rate. Oil flow from the M ...
Learn moreEverything everywhere is happening at once. The bond sell-off continued over the month even as the Fed increased the cash rate. Oil flow from the M ...
Learn moreAs expected, the RBA’s Monetary Policy Board raised interest rates by 25 bps to 4.60%. It was unanimous. Oil! With advances by the Houthis adding to the uncertainty in the Middle East, fuel prices are going to be higher for longer, and the RBA ...
Learn moreIt’s no secret that many advanced countries are ageing and even shrinking. That’s not so great for their economic growth and government finances. Australia is, however, defying the gloom. Data from the recently released Intergenerational Rep ...
Learn moreThree months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questions. Meanwhile, in Australia, the RBA governor stated that the RBA was willing to raise rates for the four ...
Learn moreBecause of its geographic location, natural resources, and diplomatic work, Australia has become a key hub in the Asia-Pacific. The kangaroo faces north and east! The diagram below shows Australia’s central place in the region’s economic arc ...
Learn moreWarsh wants the market to lead and the yield of US 30-year government bonds is sending him a message. Similarly, the yen may be sending a message to the Japanese PM. Meanwhile, Australia was steady as it goes, with inflation moving down, household spend ...
Learn moreThe Union Jack remains on Australia’s flag, but with trade it is all about Asia. After the Second World War, Japan and now China have dominated Australia’s exports. Rich in resources, Australia has fueled the east-Asian economic miracles and ...
Learn moreHigh 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 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 ...
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