capex

Patrick Poke

The oft-discussed apartment oversupply appears to be coming to a head. Two important pieces of forward-looking ABS data have been released this week and the results are not encouraging. Yesterday’s building approvals saw a massive 24.8% fall in approvals for units month-on-month – though the seasonally adjusted figures can be... Show More

CommSec

CommSec Chief Economist Craig James takes a look at the economic data due out in the week ahead, including business investment, construction work done, and US GDP growth For more economic insights, please visit https://www.commsec.com.au/market-news/the-markets.html Show More

Livewire Exclusive

Matt Haupt, Portfolio Manager at Wilson Asset Management, believes that the recent bounce in markets is a short term relief rally and expects the RBA to step in with more rate cuts later in the year. Haupt says the recent rally has been supported by short covering, flows in to... Show More

Elliot Clarke

This week, the focus has squarely been on policy makers, with meeting minutes released for the RBA; FOMC; and ECB. In short, rates are firmly on hold in Australia; a December first hike is penciled in for the US; while the ECB is set on delivering further accommodation before the... Show More

Elliot Clarke

China was certainly the focus of financial markets this week. It a fitting time then for the release of the August edition of the Westpac-MNI China Consumer Sentiment survey. The detail on employment and family finances was an interesting contrast to the volatility apparent in China's equity markets. Households' views... Show More

Elliot Clarke

This week, Chief Economist Bill Evans considers the implications of the impending US Fed tightening cycle for US and Australian yields. Data out this week includes our Westpac-MNI China consumer sentiment survey; the all important investment partials for Australian Q2 GDP; Australian CAPEX expectations for the year ahead; and in... Show More

Elliot Clarke

Financial markets might not be happy about it, but the FOMC minutes continued to point to a likely September start to interest rate normalisation in the US. Many Committee members expect remaining slack to be eliminated in the near term, and core inflation is tending toward their 2.0% medium term... Show More

Jordan Eliseo

If the panic selling of the GFC, and the corollary moves in currencies over that time period are anything to go by - we're likely very close to a bottom in Aussie Dollar Gold. Show More

Livewire News

Quantifying the mining CAPEX cliff - 2017 looks ugly. Lower commodity prices are expected to contribute to a big fall in spending on major projects over the next three years, adding to the drag on the economy from poor business and consumer confidence. With big mining and energy projects being... Show More