ngf

Latest news and analysis on ngf

Macro

Perrottet lumbers NSW taxpayers with $106 billion in extra debt

In the AFR I write that after 12 years of Liberal leadership, encompassing four premiers and four treasurers, NSW is sadly degenerating into one of the worst run...
Christopher Joye
Coolabah Capital
Fixed Income

NSW shocks bond markets by slashing $22 billion in debt

In the AFR today, John Kehoe reports on another huge shock for bond markets with the NSW government sensationally announcing late Friday afternoon that it will be...
Christopher Joye
Coolabah Capital
Macro

Two political decisions that will reverberate through ages

In the AFR this weekend I wrote that we’ve been recently gifted two rare cases of outstanding political leadership and bipartisan cooperation that will reverberate...
Christopher Joye
Coolabah Capital
Fixed Income

NSW Treasurer shocks markets announcing he will repay $11 billion of taxpayer debt using rainy-day fund, as we'd recommended...

In a huge development yesterday, NSW's brilliant Treasurer Dominic Perrottet shocked financial markets with the news that he will use proceeds from the $11.1 billion...
Christopher Joye
Coolabah Capital
Macro

Heads bankers and fund managers win, tails taxpayers lose

In the Australian Financial Review I write, what do you get when politicians hire bankers to run their treasury and fund managers to lead their debt issuance agency?...
Christopher Joye
Coolabah Capital