Australia has traditionally had a gaping trade deficit with the United States.
Goldman’s Andrew Boak has been more right than everyone so far.
CBA head of Australian economics, Gareth Aird, has explained why he believes the Reserve Bank of Australia (RBA) will cut the official cash rate at its May monetary meeting.
Data released this month by the Australian Bureau of Statistics (ABS) showed that the total value of Australia’s dwelling stock hit a record high of $11,032.2 billion at the end of 2024, with the average dwelling valued at $976,800.
As we know, Australian industry has been dying for decades. So much so that we are leading the OCED into industrial oblivion.
I have repeatedly labelled the Australia-United States Free Trade Agreement (AUSFTA) a terrible deal for Australia that massively favours the US and disadvantages Australia.
The Market Ear with an amusing set-up for equities. The humans have turned bearish. The robots want to buy!
Elon Musk's association with the Trump Administration has contributed to the tanking of Tesla sales across the globe.
Alex Joiner, chief economist at IFM Investors, has published a series of charts illustrating the explosive growth in non-market (government-aligned) employment, which has pulled down the nation's productivity.
Goldman on the EUR rocket.