Tag Archives: us

RBA making it up as it goes along

After a speech by Assistant RBA Governor Michele Bullock yesterday, there is speculation about the RBA pushing APRA to instruct banks to further restrain their lending to housing investors- strengthening the so-called macro-prudential regulation that has had only limited success … Continue reading

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 6 Comments

HSBC’s Paul Bloxham on the economic outlook and President Trump

Last Thursday, Paul Bloxham, HSBC Chief Economist for Australia and NZ, gave an excellent briefing on the economic outlook at a lunchtime event organised by the French Australian Chamber of Commerce and Industry (FACCI), and hosted by Clayton Utz at … Continue reading

Posted in China, Mining, Uncategorized | Tagged , , , , , , , , , , , , | 1 Comment

2016 brought big surprises, but a comparison to 1848 seems overblown

In his thought-provoking review of the year of Trump and Brexit (After the revolt comes uncertainty), the Weekend Australian’s Foreign Editor Greg Sheridan observes: “…2016 may well be seen by historians as a year of fundamental pivot, of a change … Continue reading

Posted in Trade, Uncategorized | Tagged , , , , , , , | 4 Comments

US recovery on track, while Australian economists wait anxiously for latest National Accounts

The latest US jobs data show an economy that is growing quite nicely, with 178,000 new jobs over the last month, and with unemployment falling to 4.6%, its lowest rate since the financial crisis (see chart below). However, the market … Continue reading

Posted in Agriculture, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

Upcoming ESA Qld event: How economics improved the world in 2016

2016 has not been a good year for economics. Brexit and the US Presidential election result both implied a rejection of free trade and free markets by large numbers of people in the UK and US. Economists have learned that … Continue reading

Posted in qut, Retail trade, Uncategorized | Tagged , , , , , , , , , , , | 4 Comments

Ironic that Trump may just be the shock financial markets needed

The election of Donald Trump as US President is undoubtedly a huge shock to global financial markets. Even though it is highly uncertain what policies he will ultimately adopt and can get passed by Congress, it is highly probable he … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , | 2 Comments

After botched 2016 Census, let’s have it every ten years and properly resource and manage it

The compliance cost to the community of the upcoming Census has been magnified by the anxiety its botched implementation is causing Australians (see this Fairfax report on Census chaos). It appears many elderly Australians have been surprised by the letters … Continue reading

Posted in Population, Uncategorized | Tagged , , , , , | 6 Comments