Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision
Number 2017-18 Date 5 September 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy are continuing to improve. Labour markets have tightened further and above-trend growth is expected in a number of advanced ... Read more
The threat of war with North Korea- Implications for investors — Dr Shane Oliver, Chief Economist for AMP Capital
15 August 2017 Key points Tensions with North Korea have clearly increased causing volatility in share markets. The risk of war has grown but a diplomatic solution remains most likely although there could still be more volatility before this is finally achieved. Historically, ... Read more
The break higher in the Australian dollar is likely to be limited- this is not 2007 all over again! —Dr Shane Oliver, Chief Economist at AMP Capital
02 August 2017 Key points The $A has been pushed higher lately by a weaker $US, a rebound in commodity prices and technical considerations. The rising $A is a significant risk for the Australian economy and will constrain growth and keep inflation below target for longer. While ... Read more
Qantas have seen their future. It’s Facial Recognition —Chris Riddell, Global Futurist
Chris Riddell Global Futurist | Nowist | Speaker | Digital Evangelist | Commentator | Board Director Most passengers will be familiar with the facial recognition cameras that are widespread through our international airports in Australia. For the international traveller it’s something of ... Read more
The Next Recession —by Mr Joachim Fels, Global Economic Adviser for PIMCO
Even though the U.S. economic expansion enters its ninth year this month, a recession over our six-to 12-month cyclical horizon looks quite unlikely. Our models put the probability at less than 10%. But recessions are notoriously difficult to forecast. And even if we stay clear of one in the near ... Read more
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