by Stephen Roberts | 8 Nov, 2021 | Economic Weekly
The latest set of economic forecasts released by the RBA in the November Monetary Policy Statement again show upward revisions to annual change in wages and inflation expected in 2022 and 2023. Indeed, the revisions are the biggest so far in a series of upward...
by Stephen Roberts | 1 Nov, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Conflicting influences on financial markets through October increased volatility but with most risk asset markets recovering their losses from the previous month. Australian financial markets went against the improving trend elsewhere with a late month sharp lift in...
by Stephen Roberts | 25 Oct, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The pace of the global economic recovery eased in Q3 evident first in China’s Q3 GDP report and with more confirmation expected in GDP reports from the US and Europe over the next week or so. Inflation pressure has not peaked yet from elevated demand for goods...
by Stephen Roberts | 18 Oct, 2021 | Economic Weekly
The lockdowns in New South Wales and Victoria have played havoc with Australian monthly labour force data. In the past two reports for August and September a collapse in the number of people considered active in the labour force (defined as employed or unemployed) or...
by Stephen Roberts | 11 Oct, 2021 | Economic Weekly
Australian house prices over the past year have risen at their fastest annual pace since 1989. Q2 2021 ABS data showed national house prices up 6.7% q-o-q and 16.8% y-o-y with home prices in Australia’s biggest city, Sydney, up 8.1% q-o-q and 19.3% y-o-y. The ABS data...
by Stephen Roberts | 4 Oct, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
September was a risk off month for investors as the most richly valued share markets succumbed to mounting concern about downside risks to global economic growth. Downside risks that ranged from the latest wave of Delta variant infections even in countries with high...
