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Australian over-indebtedness leaves households poorly positioned for future movements in the target cash rate. Over-indebtedness is a cause for concern. Make… Read more Household debt: between a rock and a hard place
Trump has recently vowed to impose up to USD$300bn worth of tariffs on Chinese imports. It is a self-destructive weaponisation of… Read more American tariffs: a Pyrrhic victory looms
China’s rapid growth in the last two decade can’t last forever. Is Australia equipped to handle the inevitable economic contraction… Read more Economic Slowdown: imminent reality or Chinese whispers?
Since 2015, the Phillips Curve – which charts the inverted unemployment rate against inflation – has detoured from its usual… Read more Phillips Curve conundrum
With unemployment at its lowest rate in years, wage growth remains uninspiringly modest. Philip Lowe, Governor of the RBA, recently… Read more The promised land of full capacity
The RBA’s recent rate cuts, leading to a record low cash rate of 1.25%, are being undermined by uncooperative and… Read more RBA cuts undermined by a bickering Government