I appeared on Channel News Asia again this morning at 6:20am SGT, via Skype. My questions and my responses in the form of brief notes are below: Q1. Global stocks rallied after last week’s disappointing US jobs report. Are we back with ‘bad news is good news’ for equity markets? The main theme here is …
The Reserve Bank of Australia is being urged by a group of prominent monetary policy experts to shun growing calls for another official interest rate cut. With fresh evidence emerging that the jobs market is gaining strength, the experts have warned that cutting the official cash rate below 2 per cent would be unlikely to …
The IMF has called on the government to cut company tax, end bracket creep and boost infrastructure spending to help insulate the economy against the biggest slump in the terms of trade in 150 years and the prospect of a further economic deterioration in China. As the nation’s policy heavyweights gather in Canberra at the …
IMF: Australia Needs More Tax and Lower Interest Rates Read More »
I appeared on Channel News Asia again this morning at 6:20am SGT, via Skype. My questions and my responses in the form of brief notes are below: Q1. Global equities are poised for the worst quarter since 2011. Will the fourth quarter be any better? You would certainly think so. You only have to go …
