All in all this was a fairly positive week for global economies.
When attendees at the annual Jackson Hole symposium get a chance to chat, they might muse about central banks targeting nominal GDP instead of inflation.
Reuters/Jonathan Crosby
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the…
Manufacturing makes for good photo ops, but spending by Australian companies is no cause for celebration.
Lukas Coch/AAP
Worse than expected business investment in both manufacturing and mining provides another nod towards secular stagnation.
Business Council of Australia President Catherine Livingstone and Commonwealth Bank CEO Ian Narev will have to wait for the company tax cut they’ve been asking for.
Dan Himbrechts/AAP
What is the new normal for the Australian economy? With unemployment rising, commodity prices reaching new lows, and confidence subdued, is the Australian economy prepared to handle offshore headwinds…
The drop in oil prices, and consequently fuel costs, is driving down inflation and helping the Australian economy.
Andy Rain/EPA/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Puzzled by movements in the Aussie dollar? You’re not alone.
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The Australian dollar is a curious currency. It is the fifth most traded in the world and it gyrates pretty wildly – having traded below 48 US cents and above 110 in the decade or so from mid 2001 to 2011…
Australia’s consumers are about to feel the pinch.
Dan Peled/AAP
In an interview with the Australian Financial Review last week, Reserve Bank Governor Glenn Stevens suggested the Australian dollar might fall to US75 cents in 2015. And he intimated that it wouldn’t be…
With the Australian dollar continuing to fall, the local economy is expected to rebalance.
Paul Miller/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Punching above its weight? The Aussie dollar has captured the attention of Australians and international investors alike. Rebecca Le May/AAP.
Charis Palmer, The Conversation and Emil Jeyaratnam, The Conversation
To navigate the timeline below, hover your mouse on the right (and on the left to move back). Further reading The float Australia had to have? Intervene or wait? The RBA faces a tricky path to a lower…