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ASX Live Blog
Market Wraps
budget
Latest news and analysis on budget
Macro
November 15, 2023 09:28
The widening US budget works against the Fed
Budget positions across the US, euro area and Australia are widely dispersed despite unemployment still near its lowest level in decades.
Kieran Davies
Coolabah Capital
November 15, 2023 09:28
Macro
August 18, 2023 07:40
US resilience helped by loose fiscal policy
The US budget is still deep in the red this far into the economic recovery.
Kieran Davies
Coolabah Capital
August 18, 2023 07:40
Macro
March 20, 2023 11:16
Charts of the Week - Inverted curves, the SVB effect, and pessimistic Britain
This week’s charts revisit the evolution of Fed funds futures as the US central bank heads into a potentially pivotal meeting
Macrobond Financial
March 20, 2023 11:16
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Macro
November 01, 2022 12:08
Victoria's budget outlook improves on stronger revenue
After posting very large deficits during the pandemic, Victoria's budget has turned around and continues to rapidly improve, with the state government reducing its...
Kieran Davies
Coolabah Capital
November 01, 2022 12:08
Fixed Income
June 22, 2022 07:14
State debt issuance in FY23 reduced from original $86bn estimate to $68bn
We have now received the big five state budgets and can assess proposed debt issuance relative to what they projected for this coming FY23. The short story is the...
Jason Lindeman
Coolabah Capital
June 22, 2022 07:14
Macro
May 31, 2022 09:33
NSW budget deficit likely to be around $19bn in FY22, $7.5-$10bn better than December's $30bn forecast
Last night NSW released its budget data for the month of April, which reaffirmed that the state's general government cash deficit for 2021-22 (FY22) will end up...
Kieran Davies
Coolabah Capital
May 31, 2022 09:33
Macro
May 17, 2022 08:28
WA has downgraded its debt issuance in FY23 by a large margin and is actively repaying debt
WA has downgraded its debt issuance in 2022-23 (ie, FY23) by a large $1.3bn (or 20%) from its September 2021 budget estimate of $6.4bn and by $0.6bn from its...
Kieran Davies
Coolabah Capital
May 17, 2022 08:28
Fixed Income
May 04, 2022 07:33
Victorian budget surprises with debt issuance downgrade on underlying strength
While media reporting on Victoria's budget has been confusing, it has surprised the market, investors and analysts with material downward revisions to the size of...
Kieran Davies
Coolabah Capital
May 04, 2022 07:33
Macro
April 28, 2022 08:23
NSW budget tracking up to $7.5bn - $10bn better than expected this financial year
The NSW budget remained close to balance in March and is likely to undershoot the full-year government forecast for 2021-22 (FY2022) by between $7.5 billion and $10...
Kieran Davies
Coolabah Capital
April 28, 2022 08:23
Fixed Income
April 12, 2022 04:55
State budget deficits forecast to be up to $30bn smaller over FY22 and FY23, slashing debt issuance needs
A new report projects that the deficits across the key States will be up to $11 billion smaller in FY22 and up to $18 billion smaller in FY23. Coolabah Capital's...
Christopher Joye
Coolabah Capital
April 12, 2022 04:55
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