Australian Dollar down as markets await US NFPs
Aussie dips near 0.6280 amid trade gloom. RBA likely to cut rates to 4.1%, capping Aussie gains. Markets await US labor data ...
Australia’s looming debt crisis could be a real opportunity
Why not use the looming fiscal crisis of the states to tackle the buck-passing by seriously reforming which tier of government is responsible for spending?
Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’
Further promises of tax breaks for businesses are likely in the run-up to the election, but that will mean trade-offs are ...
Australian Dollar moves little as traders adopt caution ahead of US labor data
Australia's trade surplus fell to 5,085M in December, missing the expected 7,000M and down from the previous surplus of 6,792M. Exports increased by 1.1% MoM, slowing from November's 4.2% rise, while ...
BofA cuts NZD/USD forecast, sees AUD/NZD rising on rate differentials
As a result of these developments, Bank of America now forecasts the NZD to end the year at 0.62, revised from the previous ...
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Research: Investment Tax Breaks Yield Mixed Results
The Reserve Bank of Australia (RBA) released a discussion paper this week on investment tax breaks. The study looks at whether tax incentives, such ...
Aussie 'cash crisis' averted ahead of major Armaguard deadline: 'Significant liability'
Under the 20-year deal, the Reserve Bank of Australia (RBA) owns responsibility for all notes and coins it issues until it ...
Why Westpac’s chief economist is quitting social media for 90 days
Three months from now, Westpac chief economist Luci Ellis will be better rested, fitter and more present. Well, that’s the ...
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Asian central banks cut rates to mitigate growth risks
Asian central banks are becoming more cautious about the domestic growth outlook, leading to pre-emptive rate cuts ...
How much you could save if the Reserve Bank cuts rates at its February meeting
One of Australia's 'big four' banks, NAB, has announced a cut in its fixed-rate mortgages across all loan terms — a couple of ...
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Why Australian households are hurting
I presented data showing that real Australian wages have fallen by 10.3% since the Q2 2020 peak and were tracking at late 2021 levels as of Q3 2024 (latest available data). This calculation was ...
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Inflation Shock: The Unexpected Winners and Losers of Rising Prices
The Australian government is touting its success in bringing inflation under control, with the Consumer Price Index (CPI) rising just 2.4% over the past year. Yet, for many Australians, the reality of ...