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?
As I discussed in a recent post Australia is starting to look at a Central Bank Digital Currency programme, with a focus on retail...
The Bank of England just published an interesting report on household finances. There are some interesting parallels with Australia. https://www.bankofengland.co.uk/quarterly-bulletin/2019/2019-q4/the-financial-position-of-british-households
The unemployment rate rose by 0.1 percentage point to 3.9 per cent in November (seasonally adjusted), up from a revised 3.8 per cent in...