The 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 ...
Learn moreIn 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 moreThere is no rest for the wicked and so after a short pause, the RBA is back at it again. Dr Lowe raised the cash rate by another 25 bps on Tuesday with the promise of more increases if needed. Inflation may be slowly falling, but not fast enough for the...
Learn moreThe Big RBA Unwind During the height of the COVID-19 pandemic, the RBA pumped billions into the financial system. Now we are in the middle of the big unwind as the RBA looks to tighten financial conditions further in response to high inflation. ...
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 moreAfter ten consecutive interest rate rises, the RBA finally decided to pause. The interest rate remains at 3.5 percent. There is always a lagged response to interest rate rises but it has taken a while for the Australian economy to slow down. On top ...
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