There are two events that stand out in Australia in the coming week. The first is the minutes of the last Reserve Bank Board meeting on Tuesday. And the second is the monthly job report on Thursday. Show More
My outlook for Australian residential property in 2017 is that it is NOT going to be good year. We’ve had a monumental rise in the sector over the last 3 years. Sometimes this kind of run can go on for a fourth year, but the gradient is concerning. Like with... Show More
Aussie market had a choppy positive day as global markets wait for Bank of England to show their hands after ABS delivered another set of dodgy employment numbers. The global markets are waiting for BOE to cut rates and show signal for more stimulus and potential QE program later this... Show More
Australia’s interest rates are around 175 basis points higher than the US, giving the RBA plenty of room to cut rates further to devalue the Australian dollar. However, the RBA is certainly not the only central bank trying to achieve a lower currency. Angus Coote, Executive Director at Jamieson Coote... Show More
Aussie market started negative on global sentiment and then ran into global investor selling after employment data directly from the “Never Never Land”. ABS announced that Australia created over 70,000 new jobs while consensus expectations were for a loss of 10,000 jobs. The market is going to remain volatile till... Show More
Stephen Long, the economic correspondent at the ABC says investors should “be sceptical” about the Australian jobs numbers that were just released for October. He says “the seasonally adjusted labour force estimates from the Australian Bureau of Statistics for October sound incredible and they should be treated as just that:... Show More
Aussie market had another volatile start before moving slightly into positive territory by the end mainly due to Banks after that unbelievable unemployment data. ABS unemployment data is farcical. To put things into perspective, 58,000 new jobs in the past month means that on a population adjusted basis, we are... Show More
Australians have all but stopped leaving Sydney and Melbourne for cheaper or sunnier climes. The ABS released its latest Demographic Statistics for Q2 2014 which showed that - in line with our 2014 forecasts - net immigration is declining significantly, slowing the national rate of population growth to just 1.6... Show More
The ABS released its FY2013-14 State Accounts data on Friday which showed that incomes growth is notably slowing both in terms of Real Gross State Income and at the household incomes level. The data also revealed a dramatic divergence in fortunes across the states and territories - both the strength of... Show More
