Federal Budget 2026 – Key measures and implications

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Following last night’s Federal Budget, MLC has prepared an analysis outlining key measures and their implications for advisers and clients. Key measures proposed Tax and cost-of-living: A $1,000 instant tax deduction... Read more continue reading

Australia’s $16 billion opportunity backing local business

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Westpac has released new economic modelling revealing the powerful ripple effect of local spending. According to Westpac economists, Australia could benefit from a $16 billion boost in nominal GDP with... Read more continue reading

Macroscope: A new capex supercycle is on the way

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In 2013, former US Treasury secretary Larry Summers famously declared that the world’s advanced economies were in a state of secular stagnation, a period of sluggish growth, low interest rates... Read more continue reading

US Fed tightening campaign ‘likely over’

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“The Fed’s inflation and labour market concerns are overstated, and additional rate hikes won’t be necessary. Continued progress in controlling inflation prompted the Fed to once again hold interest rates... Read more continue reading

Powell keeps options open, promises nothing

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At yesterday’s meeting, the Federal Reserve (Fed) raised policy rates by 25 basis points, taking the benchmark rate up to 5.25%-5.5%, the highest level since 2001. While the market had... Read more continue reading

Central banks yet to win battle against inflation, interest rate hikes likely to continue

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Global economic activity has proved stronger than seemed likely at the start of the year, given the scale of supply-side shocks that had fuelled inflation and eaten into disposable incomes... Read more continue reading

The impact of recession

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The Reserve Bank of Australia’s (RBA) quick increase in interest rates in an attempt to manage inflation has raised fears that Australia could fall into a recession within the next... Read more continue reading

Podcast 32: Are central banks at risk of blowing up markets?

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The RBA has now hiked rates for the sixth consecutive month. With lead indicators showing signs of inflation coming off the boil and European banks starting to see stress, cracks... Read more continue reading

Podcast 31: No sign of pause from the RBA as the risk of mortgage stress intensifies

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Australia’s central bank has now raised interest rates five months in a row. It’s the most aggressive tightening cycle since 1994. With more hikes expected, and house prices in Sydney... Read more continue reading

Podcast 30: Can the RBA thread the needle?

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After hiking for the fourth consecutive month, the RBA’s tone has shifted to suggest a pause at the September meeting is possible, reflecting in part the troubling signals emanating from... Read more continue reading