Mitchell: lower AUD means RBA won’t cut
The AFR’s Alan Mitchell, who called the May cut as well as anyone, has a note out today saying that
macro, politics, markets, ambivalence
The AFR’s Alan Mitchell, who called the May cut as well as anyone, has a note out today saying that
Today’s RBA minutes strike me as a fairly easy document to approach. At their May meeting the RBA upset the
Some time ago we updated a treasury stimulus analysis and posted the results. This has been picked up in the
The proximate release of the Australian and New Zealand Budgets has prompted some comparisons between the two (see this odd
The AUDUSD has fallen out of bed over the last week or so — making a fool of my bullish
A key reason for the AUD60bn increase in deficits in the 2013-14 budget (relative to the 2012-13 MYEFO) was the
The 2013-14 budget has been released, and it shows the (fairly) predictable consequences of the decline in the terms of
Budget forecast for 2012-13 deficit prints at 19.4bn in 2013-14 budget — only 600m from my most recent forecast! Deficit
Following on from yesterday’s (somewhat contentious) post, I am going to compare Australia with eight other nations that are rated
When it comes to the labour market survey, I mostly focus on the rates: the unemployment rate (see here for
The RBA today published their Q2 2013 SOMP. The bottom line is that every meeting is live, but i think
The April employment report has led the the predictable ‘we was robbed’ response from many of those who got the