Key Points The U.S. credit rating downgrade from 'AAA' to 'AA+' by Fitch reflects concerns over fiscal management and has profound implications for investors. Despite initial market stability, potential future downgrad...
Learn moreAustralia and the US are looking towards soft landings with inflation on the way down and resilient domestic economies. Japan may have begun monetary tightening while China and the UK remain economic disappointments. What is happening in Australia? ...
Learn moreThe RBA paused again as the economy slowed. While inflation “remains too high” and the labour market is tight, the RBA talked about “below-trend” economic growth, weak household consumption, and weak dwelling investment for the f...
Learn moreCOVID-19 came as quite a shock to Australia's migration numbers. Australia went from an average net migration intake of 228,370 between 2016 to 2020 to -84,940 in 2021. This was the biggest fall in migration numbers since the First World War (see ch...
Learn moreKey Points The U.S. has raised their debt ceiling to $31.4 trillion, with potential impacts on household finances, market liquidity, and the job market. Despite its ties with the U.S., Australia's economy has shown resilience, deliveri...
Learn moreThe RBA and Federal Reserve are both having a breather as inflation continues to head in the right direction. More interest rate increases are coming but their economies are proving resilient. The UK is an outlier with its stubbornly higher inflation. C...
Learn moreThe RBA hit the “pause” button again in July citing economic uncertainty. The official cash rate remains at 4.10 percent. This is only the second pause since the RBA began raising interest rates in April last year. It could be interpreted as...
Learn moreAustralia’s Housing Market: No Country for Renters Nothing gets pulses racing in Canberra like the prospect of a double-dissolution election. Over the past week, the Labor Government’s $10 billion Housing Australia Future Fund Bill was a...
Learn moreThe RBA did it again, raising interest rates by 25 bps to 4.10 percent on Tuesday: the highest level since April 2012. The world was a little different back in 2012, the RBA had been mostly cutting rates since the GFC and then governor Glen Stevens was ...
Learn moreThe OECD recently released its forecast for global GDP for 2023. At 2.7 percent, it is the lowest growth rate since the GFC. Around the world, economies are improving, but the fight with inflation remains heated and will eventually impact growth. China ...
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