Risk-on sentiment likely to continue during rest of September on hopes of US-China talks achieving a breakthrough, says Scotiabank

Sep 11, 2019 04:42 am UTC| Commentary Economy

Risk-on sentiment is likely to continue during the rest of September on hopes for the US-China Washington talks achieving a breakthrough, according to the latest research report from Scotiabank. It was widely reported...

A globalised solar-powered future is wholly unrealistic – and our economy is the reason why

Sep 10, 2019 20:41 pm UTC| Insights & Views Economy

Over the past two centuries, millions of dedicated people revolutionaries, activists, politicians, and theorists have been unable to curb the disastrous and increasingly globalised trajectory of economic polarisation and...

Australian ANZ-Roy Morgan consumer confidence falls 1 pct last week, inflation expectations remain stable

Sep 10, 2019 04:33 am UTC| Commentary Economy

Australias ANZ-Roy Morgan Australian Consumer Confidence fell 1.0% last week. The fall was accentuated by a sharp decline of 7.1 percent seen in the Time to buy a major household item sub-index. Current finances fell by...

Australia’s demand for mortgages picks up sharply in response to rate cuts in June and July, RBA unlikely to be impressed

Sep 09, 2019 06:41 am UTC| Commentary Economy Central Banks

Australias demand for mortgages picked up sharply in response to rate cuts in June and July, with 5.1 percent m/m growth in July. The strength was reflected across both owner-occupiers and investors. The Reserve Bank of...

JGBs gain at close after Q2 GDP expands less than prior amid uncertainty over U.S.-China trade talks

Sep 09, 2019 06:15 am UTC| Commentary Economy

The Japanese government bonds gained at close of morning Asian session Monday after the countrys gross domestic product (GDP) for the second quarter of this year expanded less than that in the previous quarter amid...

Health and sustainability market could be worth $25 billion to Australian producers by 2030

Sep 06, 2019 07:49 am UTC| Insights & Views Economy

Growing interest in healthy and sustainable lifestyles could be worth about A$25 billion and make up about 10% of the value of Australias food and agribusiness sector by the end of next decade. These projections are...

Why we've the weakest economy since the global financial crisis, with few clear ways out

Sep 06, 2019 07:46 am UTC| Insights & Views Economy

The Australian economy is tepid, with consumer spending the weakest in ten years, business investment shrinking, and economic growth too weak to cover population growth. Were it not for very strong growth in export...