20 June 2016 The success of Trump and Sanders in the US, the close Brexit vote and the Australian Federal Election campaign suggest median voters have shifted to the left and support for economic rationalist policies has fallen. The risk is that a reversal of such policies will be ... Read more
Super is for retirees, not for balancing budgets —Business Spectator (by Paul Batchelor, Former AMP CEO)
In Paris we would be burning tyres in the streets. Anarchy has never looked so appealing. In more than 30 years in the superannuation industry I have only once before been as surprised by a policy announcement by a government. That was in 2006 when Peter Costello announced the ... Read more
RBA rate cuts, inflation targets, deflation and are central banks out of ammo? by Dr.Shane Oliver
19 May 2016 The RBA eased this month because actual inflation has fallen below target and is likely to stay there for a while. Cutting inflation targets would be foolish and make it harder to get inflation back up to target. Low rates are helping the Australian economy and zero ... Read more
Gold’s Moment to Shine —Business Spectator
Gold's moment to shine by Ric Spooner Commodity markets have recently seen investors and traders engaged in the dispiriting business of adjusting their expectations ever lower as fresh price support levels are broken with alarming frequency. Perhaps surprisingly, gold is one ... Read more