Much of the data that is produced each month highlights changes in the economy. For instance, data on business investment, retail sales or b…
Much of the data that is produced each month highlights changes in the economy. For instance, data on business investment, retail sales or b…
The global financial crisis has caused many investors to question the value of listening to economists. Economists across the globe didn’t w…
It’s not too hard to pick holes in yesterday’s national accounts, which I’ll prove in a moment. But first, let’s just enjoy being on the…
Today’s briefing of Reserve Bank directors by the staff should be fairly comfortable, with no shocks, as it was last month. The meeting will…
The Reserve Bank has met analysts’ expectations and kept interest rates on hold this afternoon at 3%, despite rising unemployment, falling h…
Australian housing prices remained steady in all capital cities except for Perth, new figures have revealed, while separate data shows the r…
Australia currently sits smug because our bank boards and management have not made the stupid mistakes that US and European bank directors a…
The S&P500 dropped more than 4% to below 800 this morning, breaking back to where it was three months ago in the depths of the post-Lehman f…
