The RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. The RBA gets nervous when data comes in higher or lower than their forecasts. Since the last Monetary Policy Board meeting on 11-12 August, June-quarter GDP, the July monthl ...
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 moreOpinions on AI range from it being another dotcom bubble to Terminator 2 scenarios. Regardless, no company or country can afford to be left behind. The good news for Australia is that AI is now the fastest growing area for business investment in R&D ...
Learn moreIn August it was the turn for geopolitics to swallow some uncertainty as President Putin went to Alaska. Meanwhile for many central bankers, the (near) future became clearer. Australia cut rates with confidence while Jermome Powell indicated that the Fe ...
Learn more1 in 3 Australian homes have solar panels, which is among the highest rates in the world. However, only 8% of homes with solar panels have an electric battery. During the day, a lot of electricity is going to waste! Seeing an opportunity to accelerate A ...
Learn moreAs expected, the RBA cut the cash rate by 25 bps to 3.6% at its August meeting. Even your Uber driver could have predicted the outcome given recent data! However, rather than focussing on the interest rate cut they all so desperately wanted last mee ...
Learn morePresident Trump’s July 8 tariff deadline was extended to 1 August to give key negotiations more time. Japan and the EU both walked away with a 15% general tariff from their US “trade deals”. In return, they had to promise a lot of new ...
Learn moreThe world’s biggest steel maker needs to decarbonise its steel. Every year, China’s 1 billion tonnes of steel production results in around 2 billion tonnes of carbon dioxide. If China’s steel industry was a country, it would be the fif ...
Learn moreWhen it comes to Australia’s exports it is hard to look past China, but Indonesia is the fourth most-populous country in the world (286 million people), with a fast-growing economy and middle class. Australian exports to Indonesia have increased m ...
Learn moreDespite the market having the probability of a 25 bps cut at 97%, the RBA decided to keep the rate on hold at 3.85%. The decision was 6 in favour and 3 against. Both headline inflation and the RBA’s preferred measure trimmed-mean inflation are ...
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