Rising prices and rising rent feature in most forecasts of housing in Australia’s capital cities, Melbourne excepted. The main driving forces for the forecasts are the under-supply of housing relative to strong demand driven by population growth and a range of other...
The rising cost of living has become a big, if not the biggest, concern for most Australian households. The usual measure of the rising cost of living is the Consumer Price Index (CPI) and the most important version of the CPI, at least as far as the RBA is concerned,...
What promised to be another strong month for risk assets in June driven by hope of official interest rate cuts was marred for some in Europe by rising concern about the strong electoral performance of far-right political parties threatening to turn back further the...
Economic data released in June showed weak global economic growth, still tight labour markets and patchy progress reducing inflation. Some central banks cut their official interest rates for the first time in the current high interest rate cycle, notably the European...
Analogies abound as the RBA Governor and the Federal Treasurer try to explain Australia’s economic outlook given current economic policy settings. The narrow and narrowing path getting inflation down sustainably within 2-3% range is a popular analogy at the RBA, while...
The Australian economic and interest rate outlook is little changed from what seemed likely back in late-April before going on leave. Economic growth has slowed, but not to stalling point with real GDP up 0.1% q-o-q in Q1 reducing annual growth to 1.1% y-o-y from an...
