Fundamentals

Investor Signposts: Week Beginning November 30 2015

Savanth Sebastian – Economist – CommSec A big week ·       Arguably this is the last big week of economic data with economic growth and a Reserve Bank Board meeting in Australia and pivotal jobs data in the US. ·       In Australia, each change of season is ushered in by…

Investor Signposts: Week Beginning November 9 2015

Savanth Sebastian – Economist (Author) – CommSec  Lending data and jobs in focus ·         Another busy week lies ahead with around eight key economic indicators to be released in Australia. ·         The week kicks off in Australia on Monday with the October data on job advertisements from…

Australia still dragging its feet on climate change

Marc Hudson, University of Manchester A divided government firmly on the back foot ahead of a major climate conference, its green credentials shaky, and riven with bubbling tensions between those who want serious climate action and those resistant to it. Sound familiar? But the government I’m describing is not today’s version, but Bob Hawke’s federal…

Investor Signposts: Week Beginning October 12 2015

Savanth Sebastian – Economist (Author) – CommSec Australia  Monday October 12 *   Lending finance (August) *   Housing, lease, commercial & personal loans Monday October 12 *   Credit & debit card lending (August) *   Most consumers pay credit card debt by due date Tuesday October 13 *   Speech by RBA official *   Speech by Deputy…

All eyes on the Aussie dollar as Australia stalks recession

Lee Smales, Curtin University By not moving interest rates last week, the US Fed has simply added to uncertainty within financial markets. Speaking in front of the House of Representatives Standing Committee on Economics, Reserve Bank Governor Glenn Stevens suggested it is only a matter of time before the Fed raises rates. Futures markets are…

Tax paper shows bracket creep is stalking Australian taxpayers

Michelle Grattan, University of Canberra The government’s long-awaited tax discussion paper says Australia has a relatively low tax burden compared to other stgeloped countries but its system faces “challenges from a changing world”. The paper, aimed at launching a national dialogue on re-thinking the tax system, says tax reform “offers one of the biggest opportunities”…

Falling Aussie dollar to weigh on interest rates decision

By Timo Henckel, Australian National University 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 set. After lingering around the US93 cents mark for several months, the Aussie dollar recently…

Don’t believe the unemployment rate? Here’s what’s happening

By Tim Robinson, University of Melbourne The unemployment rate is one of the most closely followed macroeconomic indicators. Of importance in its own right, it tells us about the level of spare capacity in the economy and provides information about likely future stgelopments in inflation. Recent fluctuations in the unemployment rate have surprised many economists….

Concentrated investments are bad bets

By Wealth Foundations Most people are attracted to the idea of becoming fabulously wealthy by being a substantial and early investor in the next Microsoft, or Google. But they generally understand that the chances of selecting such “winners” are slim. However, it is not widely understood that although a large holding in a single investment…

Attention stock bulls: beware a toppy market

The US stock markets enjoyed an incredible first quarter, with the flagship S&P 500 stock index (SPX) surging 10.0%.  New cyclical-bull highs were achieved on an amazing 3/7ths of all Q1’s trading days!  But the most interesting one was certainly the last.  On Q1’s final trading day, the SPX edged up to a new all-time…