Retail trade disappoints in May despite positive influences on consumers

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Retail spending rose by a modest 0.3% over May with annual growth now sitting at 4.7%. Spending rose in food (+0.7%), household goods retailing (+0.8%), other retailing (+0.3%).  And retail... Read more continue reading

The kitchen is closed for Australian depositors

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With the Reserve Bank of Australia (RBA) policy rate now at 2% and Australian banks much more focused on raising capital than raising deposit funding, the “free lunch” that Australian... Read more continue reading

Chartpack: Year 2014/15 in Perspective

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Financial Year in Charts & Tables The attached Chartpack showcases the past financial year in charts & tables. The Reserve Bank is expected to stay on the interest rate sidelines... Read more continue reading

Euro area “has the tools” to manage fallout from a Greek exit, says AB

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The euro area is in a better position to handle Greece’s potential exit than it was a few years ago and has the monetary tools to prevent financial market volatility... Read more continue reading

Weekly market update – week ending June 26, 2015

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Investment markets and key developments over the past week Shares had another volatile week with optimism about a Greek deal early in the week giving way to renewed concern as... Read more continue reading

Is Greece pulling back from the brink?

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Key points A “reform for funding” deal between Greece and its creditors looks likely and may now be agreed this week. This would be positive for Eurozone assets. It would... Read more continue reading

Record number travelling; Valuable homes

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Consumer confidence; ABS Home prices; Tourism data Tourism flows: Tourist arrivals rose by 2.4 per cent in March while departures also rose by 2.4 per cent. There were a record... Read more continue reading

Greece reaches the Last-Chance Saloon

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Next week probably represents the last chance for the Greek government and its official creditors to reach an agreement and prevent a default. If the negotiations fail, bankruptcy and capital... Read more continue reading

Weekly market update – week ending June 19, 2015

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Investment markets and key developments over the past week Shares had another messy and mixed week with worries about Greece weighing, particularly on European shares. Japanese shares also fell and... Read more continue reading

Will bond markets turn too fast and furious for the ECB?

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The European Central Bank (ECB) has reacted calmly to the recent rise in bond yields. This is probably because it regards the increase as a correction back towards more realistic... Read more continue reading