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 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 moreEvery era has its key resource. In the Bronze Age it was tin, and in the 20th century it was oil. As we move into the AI era, data centres are emerging as the key resource, and Australia ranks eighth in the world for the number of data centres as of Mar ...
Learn moreIn 2025, Australia was the third-largest bond market globally with a total issuance of AUD 320 billion. 2026 could be even bigger. Through 27 January, AUD bond issuance has set a record pace this year, with over AUD 50.7 billion issued (see chart below) ...
Learn moreFor AI true believers, 2025 should have been the year that ushered in artificial general intelligence. For Trump true believers, 2025 was the year that Trump saved America, again. Everyone else was just happy that the AI boom did not crash and that ...
Learn morePrivate credit is stepping in, as Australia's middle market borrowing landscape undergoes a structural shake-up. Bank exposure to unrated mid-sized borrowers has been reduced, and it is this realignment that has created a sustained supp ...
Learn moreNovember brought some resolution but not much extra clarity on last month’s headlines. The US government shutdown ended with a whimper. Data is again flowing from US agencies, but not yet enough to fill in the gaps created by the shutdown. Some AI ...
Learn moreChina has cornered the critical mineral market. This has sent the US, Europe, and Australia scrambling to secure critical mineral supply and refining. Australia has committed AUD 1.2 billion for a critical minerals strategic reserve and AUD 7 billion fo ...
Learn moreWhether it be from US pressure, the need to support Ukraine, or a flexing China, western governments are cranking up their defence spending. Australia is no different. Meanwhile, investors sense an opportunity. Stocks such as Germany’s Rheinmetall ...
Learn moreAny small, open economy depends on its major trading partner to flourish. Canada and Mexico need the US, Sweden and the Netherlands need Germany, and Australia needs China. As the major trading partner goes, so does the smaller dependant trading partner ...
Learn moreThe US equity market largely regained the ground lost in April as the market decided that it could see through Trump’s tariff tantrums. Like April, May was marked by more tariffs announcements, followed by more high-level meetings, and followed by ...
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