Economics

Investor Signposts: Week Beginning January 18 2016

Craig James – Chief Economist – CommSec#FOTO:306864006:400#Chinese economic data the highlight·       A mixed bag of Australian economic indicators is scheduled over the coming week including gauges of inflation and consumer confidence and lending.·       The week kicks off on Monday with the release of the monthly inflation gauge and new…

The outlook for 2016

The Year Ahead & Year In Review by CommSec. While worries about the health of the Chinese economy will feature in 2016, CommSec expects a generally positive year for the Australian economy with economic growth in a 2.50-3.00 per cent range. Unemployment should consolidate between 5.50-6.00 percent, with potential to move towards 5.50 per cent as…

Oil prices fall below $30 a barrel

US crude prices fell below $30 a barrel for the first time in 12 years on Tuesday as OPEC member Nigeria called for an emergency meeting to address collapsing prices. New York’s benchmark West Texas Intermediate (WTI) for February delivery fell to $29.93 a barrel, a level last seen in December 2003. Prices pulled back…

Investor Signposts: Week Beginning January 11 2016

Craig James – Chief Economist – CommSec Jobs and lending in focus ·       Another healthy batch of statistics will be released in Australia in the coming week with the focus on the job market and lending. ·       In Australia, the week kicks off on Monday with the release of…

Understanding the consensus trades for 2016

Chris Weston, Chief Market Strategist, IG Australia ‘The measure of intelligence is the ability to change’ – Albert Einstein   It’s important to understand the strong consensus trades for 2016. While these may eventuate, having an open mind is essential. The ability to understand the ever-changing dynamics, regrouping and reacting before others will potentially make…

T: The banks

Evan Lucas, Market Strategist, IG    Over faster than it began, all global markets have returned to the status quo of before the European Central Bank (ECB) and the People’s Bank of China (PBoC). The questions that lingers is whether further central bank interventions in the next two weeks will have the same effect as…

25 years ago the Australian government promised deep emissions cuts, and yet here we still are

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…

Growing our services industry will be the main gain from the TPP

Amy Auster, Australian Centre for Financial Studies  Just as surely as day follows night, the Australian media have broken the announcement of a trade deal with yet another series of Australian food selfies. Cows on the paddock, cheese on the plate and – for those prone to scepticism or pure scaremongering – sugar spilling away. All…

Managing across generations will deliver more productive workplaces

Martin Klaffke, University of Technology Sydney and Robyn Johns, University of Technology Sydney Generation Y workers are “more demanding”. Generation Z workers want “more flexibility, autonomy and recognition”. And both groups want to be “creative”. Should managers worry about these increasingly accepted trends in the multi-generational workforce? The answer is yes, and lies in demographic…

Managing across generations will deliver more productive workplaces

  Martin Klaffke, University of Technology Sydney and Robyn Johns, University of Technology Sydney Generation Y workers are “more demanding”. Generation Z workers want “more flexibility, autonomy and recognition”. And both groups want to be “creative”. Should managers worry about these increasingly accepted trends in the multi-generational workforce? The answer is yes, and lies in…