In 1986, then treasurer Paul Keating warned that Australia could become a “banana republic”. 38 years later, has Australia become an iron ore and coal republic? “This is the lucky country, we can dig up another mound of...
Learn moreFears of a financial meltdown in the US and Europe have faded and instead we have returned to regular broadcasting with slowing inflation and slowing economies. The UK with its stubborn inflation remains the odd country out. China is still benefiting fr...
Learn moreCentral bankers were already suffering from analysis paralysis with inflation versus recession, but March has now thrown banking crises into the mix. We live in interesting times! The good news is that for the investor, there are gains to be had in vari...
Learn moreInterest rates will still need to rise higher and for longer, but there are signs in Australia and the major economies that a slowdown is coming. How fast that slowdown occurs will determine the actions of central banks over the next year. What is h...
Learn moreOn 7 March, the RBA did what was expected and raised the official interest rates by 25 bps to 3.60 percent. It was the tenth increase in a row. More increases will come this year, but we should start to see a slowdown in rate increases going forward. Th...
Learn moreA happy lunar new year saw a strong start to the year for Australian stocks as China looks to regather lost momentum in 2023. However, the RBA is looking to pop the party balloons with some more rate increases this year. Until we know we have...
Learn moreCommentary on Reserve Bank Board Interest Rate Decision - 7 February 2022 On 7 February, Australia had its own version of Groundhog Day with the RBA Board increasing the official interest rates by 25 bps to 3.35 percent. It was the ninth increase in...
Learn morePositive economic results in December makes for a complex picture going forward. Central banks have seen enough of a slowdown in inflation to moderate their rate rises, but not enough of a slowdown in their economies to stop raising rates in Q1. Further...
Learn moreOn 6 December, the RBA Board increased the official interest rates by 25 bps to 3.10 percent. The RBA remains committed to increasing interest rates as high as needed to bring down domestic demand to a more “sustainable balance”. While t...
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