All Articles tagged with 'Shane Oliver'

Key points Key medium to longer-term implications flowing from the coronavirus shock are: lower for longer interest rates; a further blow to globalisation; another leg up in the US/China cold war; bigger government and public debt; a long-term risk of higher inflation; consumer & investor caution; faster embrace of technology; bad for airlines; another test […]

Key points Australia’s federal budget deficit is expected to peak at around $200bn in 2020-21, or around 10% of GDP which will be the highest since the end of WW2. This will see net public debt nearly double as a percentage of GDP over the next few years. However, the budget stimulus is necessary to […]

Key points The Australian housing market remains far more complicated than optimists & doomsters portray it to be. Yes, it’s expensive and heavily indebted but talk of mortgage stress is overstated & it’s been undersupplied. The combination of rate cuts, the election and a modest regulatory relaxation have helped turn property prices back up, but […]

Key points Australian growth is likely to remain weak over the next year. Expect further monetary & fiscal stimulus. However, while the risks have gone up, recession remains unlikely: tax cuts should help growth in the current half year; the threat from falling property prices has receded; infrastructure spending is booming; the low $A is […]

The past financial year saw solid returns for investors but it was a story of two halves. While the December half year was strong as global share markets moved to factor in stronger global growth and profits helped by US tax cuts, the last six months have been messier and more constrained – with US […]

Employment fell by 3,900 in August, which was well below market expectations for a 15,000 gain but did follow stronger than expected growth of 26,000 in July. Annual jobs growth has slowed from an unsustainable 3% year on year late last year, but is still solid at 1.5% year on year. Full time jobs rose […]

Investment markets and key developments over the past week Share markets rebounded over the past week as worries about Brexit leading to global financial and economic chaos faded somewhat. Despite noise of ongoing political turmoil in the UK, the British share market surged to its highest for the year helped by the plunging British pound […]

Investment markets and key developments over the past week Share markets pushed higher over the last week helped by a combination of better than feared US earnings results, good economic data and a continued unwinding of disaster fears from early this year. In fact the US share market is now up 2% year to date. […]