Inflation – what (almost) everyone gets wrong

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As the inflation debate continues, the economics team at fixed income specialists Payden & Rygel – one of GSFM’s investment partners – weighs in on what they think (almost) everyone... Read more continue reading

Oil watch: Petrol to soar above $2 a litre

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Weekly oil market update On Friday, the Brent crude price rose by US$7.65 a barrel or 6.9 per cent to a 9-year high of US$118.11 a barrel. Over the week,... Read more continue reading

Weekly economic and market update – week ending 4 March, 2022

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Investment markets and key developments Uncertainty over the war in Ukraine resulted in another volatile week in investment markets as investors worried about the worsening conflict and disruptions to energy... Read more continue reading

Russia/Ukraine, Fed Chair Powell to “proceed carefully”

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Clearly Russia/Ukraine tensions remain an intense focus for both central bankers and markets.  Markets have had to contend with wild swings in investor sentiment between euphoria (witness the turnaround in... Read more continue reading

Record retail spending in WA and the Top End – Biggest lift in business credit growth in 13 years

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Retail trade; Private sector credit Retail trade rose by 1.8 per cent in January after falling by 4.4 per cent in December. Retail trade was up by 6.4 per cent on... Read more continue reading

RBA March board meeting: Nothing to see here

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The RBA meets tomorrow with no real prospect of any policy change. Recent communication suggests that the RBA would be ‘patient’ in withdrawing any policy stimulus. If anything, recent wage... Read more continue reading

Weekly economic and market update – week ending 25 February 2022

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Investment markets and key developments Share markets were hit over the last week as Ukraine tensions escalated and then Russia invaded Ukraine. Although Russia has indicated it does not plan... Read more continue reading

WPI gives the RBA some breathing space

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The December quarter wage price index (WPI) was pretty much on Reserve Bank of Australia (RBA) and market expectations, with the private sector WPI coming in at 0.7 per cent... Read more continue reading

Biggest lift in planned investment in a decade

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Business investment The Australian Bureau of Statistics (ABS) said new business investment (spending on buildings and equipment) rose by 1.1 per cent in the December quarter to be up 9.8... Read more continue reading

The escalation in Ukraine tensions – implications for investors

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Key points Ukraine tensions have escalated with Russia ordering troops into Ukraine regions already occupied by Russian separatists. Share markets are at high risk of more downside on fear of... Read more continue reading