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![]() Christopher JoyeFinancial Review |
An “active taper” off the Reserve Bank’s balance sheet would be helpful if core inflation remains sticky and the sale doesn’t create market...
Martin Place might be tempted by this option if it feels it has to tighten monetary policy and not just rely on its overnight cash rate to do the...
Our central bank is behind the curve in its battle against inflation compared to global peers.
The RBA’s “shock” move this week signals that interest rates are likely to remain high for a long time, putting more pressure on equities and...
A world where interest rates remain high – and will potentially increase again – is bad for share prices.
NSW Treasurer Daniel Mookhey is laying the groundwork for a revamping of state government finances.
As regulators guarantee the safety of banks, risks will shift into the non-bank lending domain.
Although Martin Place has paused its tightening cycle, the risk of further rate increases has not completely disappeared.
Rating agency Standard & Poor’s is forecasting that the US rate of business failures will double by the end of this year.
US and European regulators need to speed up the intensity of their own policy reaction functions to these contrived attacks on systematically...
Aussie bank hybrids are showing resilience in the face of recent events, but investors are learning that the search for yield is a reach for risk.
If there was any doubt, our long-awaited interest rate-fuelled default cycle is here. And it’s ruthlessly wiping-out exposed zombie companies left,...
Those who sucked up illiquid assets after the GFC believing rates would stay low for long have the unenviable task of pivoting back into...
In their quest to crush inflation, central bankers are going to crush everything.
Many borrowers are about to suffer huge interest rate increases independently of the Reserve Bank of Australia’s moves.
Investors believe the Reserve Bank of Australia’s cash rate will peak at 3.5 per cent, but are not pricing in much in the way of future cuts.
The sharp decline in US inflation means we are approaching the end of the rising interest rate cycle.
This inflation crisis has changed the world and asset prices forever, and will lead to a structural break and a fundamental shift in the way things...
It will be longer than normal and unlikely to be followed by a big bounce in prices like past downturns.
A global recession next year will pose challenges for many asset classes including shares and illiquid investments that have not yet adjusted to much...
The pain is set to continue for many more months to come unless the Reserve Bank swings 180 degrees and starts cutting interest rates.
Many borrowers who took out ultra-cheap home loans will soon face mortgage rates that are 40 per cent more than the maximum their lender thought they...