Private 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 moreThe RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. Recent data has inflation risk moving to the upside. This has pushed the Monetary Policy Board’s thinking towards holding for now, with possible future rises. The Boar ...
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 moreSince 2021, non-banks' share of SME (small and medium enterprise) loans has doubled (see chart below). In this article, we look at what is driving this growth and how SMEs are faring in the current economic environment. Source: Banjo Loans ...
Learn moreStronger than expected inflation data for the September quarter and a jump in unemployment in Australia have scuttled any chance of a rate cut soon. Despite disappointment from mortgage holders, the RBA remains calmly confident and cautious. The US gove ...
Learn moreThe RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. And so it came to pass that the last two higher than expected monthly inflation indicators begot a higher than expected September-quarter inflation result. And the RBA gover ...
Learn moreAustralia has found its golden fleece. As the price of gold has increased over 110% over the last five years, the value of Australia’s gold exports has almost tripled. Gold is now Australia’s second-largest export by value. While the val ...
Learn moreTrust is the most important currency when it comes to money. Unfortunately for Australia’s banks, Australians don’t trust them very much. As the chart below shows, only one Australian bank rates in the top 10 most-trusted brands in Austr ...
Learn moreLike President Donald Trump’s escalator stopping at the UN, the US Federal Government’s shutdown is producing some outrage, but is largely a non-event. What is important is that the US economy is holding up despite employment and inflation m ...
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