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ASX Live Blog
Market Wraps
budget
Latest news and analysis on budget
Macro
April 10, 2022 06:06
Build a big electric fence to secure the nation
In preparing for the very real prospect of a fully-fledged Indo-Pacific War between China and the West, Australia faces an enormous paradox, writes Christopher Joye...
Christopher Joye
Coolabah Capital
April 10, 2022 06:06
Macro
April 04, 2022 04:36
Much more defence spending required to properly protect Australia
In the AFR I write that unable to control Australia after decades of unprecedented espionage and propaganda, and having had scant success forcing us to bend the knee...
Christopher Joye
Coolabah Capital
April 04, 2022 04:36
Macro
March 31, 2022 04:33
Commonwealth budget - "project re-election"
The main aim of the 2022-23 budget is to boost the government’s chance of re-election, where the prime minister is widely expected to call an election by this weekend...
Kieran Davies
Coolabah Capital
March 31, 2022 04:33
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Macro
March 29, 2022 07:18
Capex delays likely to greatly reduce state borrowing in FY2023 by $8bn to $16bn alone
Our research indicates that issuance of state government debt is likely to be between $8bn and $16bn lower than the market expects in FY2023 (or 2022-23 in budget...
Kieran Davies
Coolabah Capital
March 29, 2022 07:18
Macro
March 14, 2022 11:15
The NSW and Victorian budgets are on track to substantially beat state forecasts
The NSW budget shrugged off omicron, almost returning to balance in January in trend terms. The deficit is likely to beat the government's full-year forecast by about...
Kieran Davies
Coolabah Capital
March 14, 2022 11:15
Fixed Income
December 20, 2021 07:35
NSW shocks by pulling $20bn rabbit out of its hat
In the AFR I write that NSW premier Dominic Perrottet and new Treasurer Matt Kean have presided over one of the most extraordinary budget turnarounds in the history of...
Christopher Joye
Coolabah Capital
December 20, 2021 07:35
Macro
August 25, 2021 11:26
Substantial NSW govt. COVID financial support is tracking well below the weekly budgeted cost
With last year showing the importance of government support in limiting the economic fall-out from the pandemic and contributing to economic recovery, the NSW...
Kieran Davies
Coolabah Capital
August 25, 2021 11:26
Macro
February 26, 2021 16:26
Frydenberg's budget again surprises with much smaller than forecast deficit, at least $14bn ahead of plan...
The Commonwealth budget continues to improve amidst the largest sell-off in the government bond market since 1994 as Coolabah Capital Investments (CCI) has repeatedly...
Kieran Davies
Coolabah Capital
February 26, 2021 16:26
Macro
January 18, 2021 11:04
NSW budget tracking better than expected, in line with our forecasts
Coolabah Capital Investments (CCI) has a contrarian forecast that the state government budgets are going to track better than the states (and the market) expect. We...
Kieran Davies
Coolabah Capital
January 18, 2021 11:04
Macro
December 15, 2020 12:38
Commonwealth budget tracking better than the government’s forecast profile
Authored by Kieran Davies, Coolabah Capital Investments. In this new report, we review our real-time tracking of the Commonwealth budget. Treasurer Frydenberg is...
Christopher Joye
Coolabah Capital
December 15, 2020 12:38
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