RBA can act “decisively” to mitigate a deteriorating international environment and beware the bond vigilantes!

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As was largely anticipated, at the conclusion of this week’s Board meeting, the Reserve Bank of Australia (RBA) announced a cut in the policy rate by 25 basis points (bps),... Read more continue reading

Lower official rates could hit cash investors after RBA cut

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The central bank’s decision to lower interest rates in May will lead to lower earnings for people who keep their money in cash. At its May meeting, the Reserve Bank... Read more continue reading

RBA to cut by 25 bps. Retain optionality for the future (even if there are more cuts to come)

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The March quarter consumer price index (CPI) was a good enough result for a 25 basis point (bp) policy rate cut at the Reserve Bank of Australia (RBA) meeting on... Read more continue reading

For the Fed, it’s time to wait and see

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Amid mixed economic signals and rising global risks, the Federal Reserve (Fed) is holding interest rates steady and staying flexible as it monitors how conditions develop. For the third consecutive... Read more continue reading

Trump’s policies and the equity risk premium – the good, the bad & the ugly

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Key points Helped by President Trump’s backdown on tariffs, shares have rebounded to within 3-4% of their record highs. The good news is that the last month highlights that Trump... Read more continue reading

Weekly economic and market update – week ending 9 May, 2025

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Investment markets and key developments Shares were mixed over the past week. Despite the Trump administration talking up trade deals US shares fell slightly, but Eurozone shares rose slightly, and... Read more continue reading

The Fed stands firm; remains “patient”

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As was largely anticipated the Fed’s Federal Open Market Committee (FOMC) decided to leave the policy rate target unchanged at 4.25-4.50 per cent when it met overnight. In its statement... Read more continue reading

Labor returned to Government in Australia – key challenges and risks

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Key points The return of Labor with an increased majority basically means more of the same in terms of key economic policies. The key challenges for the Government are to... Read more continue reading

Weekly economic and market update – week ending 4 May, 2023

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Investment markets and key developments The rebound in shares continued over the last week helped by talk of trade deals, including with China, and Trump continuing to back track on... Read more continue reading

Why investors need to be aware of the psychology of investing

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Key points Investment markets are driven by more than just fundamentals. Investor psychology plays a huge role and helps explain why asset prices go through periodic booms and busts &... Read more continue reading