Salvatore Babones is Australia’s globalization expert. He is an associate professor at the University of Sydney. He and I discuss the role of the US Dollar. Is its demise as a reserve currency overdone or likely?
Australia’s core inflation accelerated beyond expectations last quarter, complicating the Reserve Bank’s path to further policy easing and prompting money markets to slash bets...
APRA released their Macro-prudential Framework for consultation. We look at their approach, and consider the implications. Spiced wet lettuce comes to mind! https://www.apra.gov.au/news-and-publications/apra-sets-out-framework-for-using-macroprudential-tools-to-promote-financial The...
The RBA’s head of payments, Tony Richards, said the value of many cryptocurrencies, which have surged to $US2.6 trillion, could crash when central banks...