Aussie market pulled back with usual Friday profit taking as investors were not willing to carry risk into the weekend. The bounce with Oil took a breather as Saudi Arabia confirmed they were talking about freezing and not cutting supply. Non OPEC and OPEC countries will have to come up... Show More
Did the National Reform Summit address the core problem facing Australia? The recent Summit in Sydney attracted a galaxy of corporate and political power players. It had a clear message: reform is now urgent. We also agree Australia urgently needs reform to kickstart growth and create a base for sustainable... Show More
K2: Making sense of Euro QE. Annual inflation in Europe recently hit the lowest levels since 2009 (see chart below via Morgan Stanley). This has European central bankers and politicians working overtime to avoid deflation. Currently on a visit from Edinburgh, Nick Griffin from K2 Asset Management spoke with Livewire... Show More
This is a really interesting article on what the next round of reforms from China could look like. A host of possible reforms are being considered. These include offering higher interest rates for domestic savers backed up by deposit insurance for savings accounts and making China's currency, the renminbi, convertible.... Show More
Ross Gittins has delivered a thought-provoking speech on the prospects of government reform and why he believes reform has been so difficult since the Hawke-Keating era. Gittins says that not only has bipartisan support disappeared for reforms that benefit the national interest, but the self-interest of government has extended towards... Show More