We don’t know whether electricity generators are bidding in “good faith” because they are providing data in a form that defies analysis.
- Professor of Economics and Finance, Tasmanian School of Business and Economics, University of Tasmania
Fears of a currency war have not come to fruition in Asia, making Asia’s current market woes look even more like the effects of contagion.
As Australia leaves the old economy behind, the word we must embrace for the new is “nimble”.
Though markets had somewhat priced in an Australian interest rate cut yesterday, many analysts and commentators were still left surprised. The rate had not been cut for 18 months. Over that period commentary…
The Australian dollar fell to US77.17¢ overnight on the back of strong US jobs data, hitting values not seen since the GFC in 2009. The currency recovered slightly over the course of Friday morning, tracking…
Brian Cox, Mary Beard, Mick Aston, Niall Ferguson are all (just about) household names. They each have academic success – and their own television programs (“Wonders of the Solar System”, “Meet the Romans…
The Reserve Bank of Australia today cut the cash rate by 25 basis points to a record low of 2.75%, but some experts have questioned whether the central bank cut too soon. In a statement issued today, central…
Monetary policy must be forward looking. It has limited ability to affect the here and now of the economy, as this has largely already been determined - by employment decisions, investment decisions and…
The pressure is on Australia’s major banks to pass on the Reserve Bank of Australia’s 50 basis point cut in full to Australian households and businesses. In a surprise move, the RBA slashed Australia’s…
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