For many, India is the new China, and Australia has a head start. Two years ago, on April 2, 2022, Australia and India signed the India-Australia Economic Cooperation and Trade Agreement (ECTA). This was India’s first trade agreement with a ...
Learn moreIt’s not looking good for the Australian dollar. The AUD has been trending down against the greenback since 2021 (AUD/USD)(see chart below). Now, several factors have come together to add a few more anchors to the AUD; it’s down around 6% si...
Learn moreIron-ore magnate Andrew “Twiggy” Forrest has almost become legend. He has grown a USD 17.5 billion family fortune from scratch, and is now among Australia's largest philanthropists. Last year, he also ran full-page ads in the New Yor...
Learn moreThe cash rate was left unchanged on Tuesday. RBA Governor Michele Bullock channelled Paul Atreidies at her press conference in talking about “keeping on the narrow path” to a soft landing. However, in terms of interest rate cuts, we are ...
Learn moreHave you ever looked at your credit card or mortgage interest payments and felt sick? Well, the US federal government is expected to pay USD 870 billion in interest payments this year which is around USD 48 billion more than it is expected to spend on d...
Learn moreBack in 1947, Australia’s immigration minister called on Australia to “populate or perish”. Instead, Australia has populated and prospered. Australia’s population growth makes it a standout among comparable economies and as t...
Learn moreGovernor Michele Bullock left the cash rate unchanged on Tuesday. In December, the RBA had been reluctant to act without more information. By the meeting in February, they had received more information and there were no major surprises. Goods in...
Learn moreStock markets in the US and Australia have been flirting with all time highs as the end of year rally continued into January but in China, the situation is not so grand. House prices and consumer spending are down again while stock market lows hav...
Learn moreAustralia’s renewable energy consumption grew by an average annual rate of 5.7% in the decade to 2021-22. In contrast, oil (-0.4%) and coal (-2.6%) consumption declined. Solar was the fastest growing renewable category at 29.8% followed by wind at...
Learn moreThe copyright to Peter Pan is now in the public domain. While Peter won’t grow up, we have economies that are not quite ready to slow down all the way! The soft landing didn’t happen in 2023 but still looks good for 2024. What happ...
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