We ran out live stream event last night. During the session we discussed our revised scenarios, taking account of the complex local and international backdrop.
Using a baseline of July 2018, and looking ahead this is how it plays out. The risks from an international crisis have risen, the RBA itself is now projecting higher unemployment so lower wages growth, and the iron ore price is falling. Business and consumer confidence is being eroded, and the fall-out from the high-rise construction fiasco are only just starting to play out.
There is a path to property values rising, but we think this is relatively short lived.
A quick look at the markets shows US the dollar languished near three-week lows against the euro and Swiss franc with a 0.53% slide...
An early chat with journalist Tarric Brooker this week as we answer viewer questions and share some charts. Timely – given all the data...
The World Bank issued a report on Global Waves of Debt. They warn that the global build-up in debt is unsustainable and the risks...