Market insights

Inflation running much higher than central banks expected previously is causing them to rethink the appropriate monetary policy response to tame inflation. Most, including the RBA, are admitting that demand growth is running faster than growth in supply of goods and...

The RBA’s decision last week to hike the cash rate by 50bps to 0.85% changes our earlier view that the RBA would be comparatively relaxed about Australia’s inflation outbreak and lift the cash rate gradually to a normal or neutral setting over the next two years....

Financial markets remained volatile in May torn between evidence of strong economic activity and concern that central bank interest rate hikes will dampen future activity and possibly lead to recession. Inflation and its many underpinnings are driving the likely...

Global economic growth is losing pace weighed by lessening monetary and government budgetary policy support as well as rising cost of living pressures. Downside risks to economic growth abound from rising interest rates, disruption to food and energy supplies as the...

A change of Government, even one born out of the upheaval of a marked shift in voting allegiance towards minor parties and independents, will make minimal difference to Australia’s economic outlook in the near-term. The new Government is in with a majority in the...