Number 2020-06 Date 3 March 2020 At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent. The Board took this decision to support the economy as it responds to the global coronavirus outbreak. The coronavirus has clouded the near-term outlook ... Read more
ADVISER BLOG —CHIEF ECONOMIST FORUM SYDNEY —February 2020
I attended the Chief Economist Breakfast on Friday 7th of February and though I would share some of the insights I gained on the day with you all. I have shared, at the end of this writeup, a list of presenters and panellists and their short bios to give you an idea of the wealth of experience and ... Read more
The China Coronavirus Outbreak—Economic and Investment Market Implications —By Dr Shane Oliver, Chief Economist for AMP Capital
Please click on the link below to read this paper written by Dr Shane Oliver, Chief Economist for AMP Capital on the Coronavirus impact and likely scenarios. Coronavirus Outbreak--Economic and Investment Market Implications ... Read more
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision-4 February 2020
Number 2020-01 Date 4 February 2020 At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent. The outlook for the global economy remains reasonable. There have been signs that the slowdown in global growth that started in 2018 is coming to an end. Global ... Read more
Coronavirus —A “Black Swan” Event?
A “Black Swan” event is now potentially unfolding and we have seen the market react to this most recently with falls across the globe last week. I am talking about the Coronavirus. The Australian government has cancelled all travel by Chinese people to this country, apart from those with ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision— Dec 3, 2019
Number 2019-33 At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent. The outlook for the global economy remains reasonable. While the risks are still tilted to the downside, some of these risks have lessened recently. The US–China trade and technology ... Read more
An interestingly positive view on Global Markets and an opposing view to the doom and gloom that is prevalent in the markets, based on the US/China trade issues and an impending US recession as touted by some market pundits. Please click on the link below to read this article. 5 Reasons Why ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision —5 November 2019
Number 2019-29 Date 5 November 2019 At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent. While the outlook for the global economy remains reasonable, the risks are tilted to the downside. The US–China trade and technology disputes continue to affect ... Read more
Global investors are making three big mistakes —Schroders Global Investor Survey by Vicki Owen
Investors, according to the latest Schroders Global Investor Survey, are making 3 Big mistakes with investing. Please click the link below to access this article. 3 Big Mistakes made by Global Investors ... Read more
Will the World Slip up on Oil Again? — By Dr Shane Oliver, Chief Economist for AMP Capital
Is this the start of an Oil Crisis? What impact will the current oil shortage due to the recent attach on Saudi oil production have on global economies? Click below to read this timely article from Dr Shane Oliver. Will the World Slip Up on Oil Again? ---by Dr Shane Oliver, Chief Economist for ... Read more