IMF downgrades, RBA to follow
The IMF today downgraded global growth 20bps to 3.3%yoy (lowest since GFC), and said that the risks are skewed to
What’s the State of the Economy?
The RBA made a subtle change to their concluding paragraph of their April post-meeting statement last week. Given that they
RBA sets up for May
The RBA today set up for a rate cut on 7 May. After thirteen months in a row where they
The case for an April easing bias
The RBA board will discuss the disappointing Q4’18 GDP data for the first time at their 2 April board meeting.
Underwater mortgages
The fact that Australian house prices are now back to 2016 levels (or below in some areas) means that there
The right way to think about Job Vacancies
My read of recent RBA communication, particularly RBA Ellis’s speech on the household sector earlier this week, is that the
The RBA’s Consumption trigger
RBA Assistant Gov (Economic) Luci Ellis this morning gave a very careful speech on the household sector. In particular, it
