Central Banking Series

One word repeated 9 times explains why the Reserve Bank cut: it's "coronavirus"

Mar 04, 2020 00:34 am UTC| Insights & Views Central Banks Economy

Never has a virus featured so prominently in a Reserve Bank statement. Reserve Bank of Australia The word coronavirus is mentioned nine times in the governors seven-paragraph statement. His board cut the cash...

Today's GDP figures won't tell us whether life is getting better -- here's what can

Mar 04, 2020 00:31 am UTC| Economy

We are a country that has become richer than we possibly ever could have imagined. We have had 29 years of unprecedented, world-record holding economic growth. Although economically things are a little precarious in the...

New modelling shows the importance of university research to business

Mar 01, 2020 13:41 pm UTC| Insights & Views Economy

This is an edited extract of a speech to the National Press Club given by Chair of Universities Australia, Professor Deborah Terry AO New modelling for Universities Australia prepared by Ernst and Young finds close to...

Gold distortions: The 'artificial' driver of UK economic statistics

Mar 01, 2020 13:36 pm UTC| Insights & Views Economy

National statistics, such as GDP, exports and imports, are commonly referred to as the economys vital signs. They give the public a snapshot of the economys health, the same way a doctor may check your blood pressure,...

Is the time right for a single currency in West Africa?

Mar 01, 2020 13:14 pm UTC| Insights & Views Economy

The eight Francophone states that form the West African Economic and Monetary Union have agreed to drop the use of the CFA Franc. Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo will soon...

Emerging Market Crisis Series

Budget shows treasury is desperately short of ideas to fix South Africa's economic woes

Mar 01, 2020 13:09 pm UTC| Insights & Views Economy

At the core of this years budget proposals from South Africas national treasury is the admission that national debt is no longer expected to stabilise. In previous years, bar one brief exception, budgets and medium-term...

The growing impact of coronavirus on the global economy

Mar 01, 2020 13:08 pm UTC| Insights & Views Economy

As of February 2020, the number of people infected with the coronavirus Covid-19 has surpassed 80,000, with nearly 2,700 deaths. Efforts to contain the outbreak have led to full or partial quarantines of several Chinese...