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ANZ job ads keep falling
ANZ job ads for August are out and the picture is still deteriorating, down 2.0 per cent after falling 1.1 per cent in July.
David Llewellyn-Smith
11 years ago
3
Oil to $150 on Syria?
An interesting observation from UBS via the SMH: Some analysts believe crude oil prices could jump more than 20 per cent if a US military strike on Damascus drags other countries into the Syrian conflict.
David Llewellyn-Smith
11 years ago
3
Has the Australian dollar bottomed?
The AFR has few quotes this morning from currency stirrers: The Coalition victory, more positive economic data from China and a diminished case for tapering the United States’ massive stimulus program have conspired to keep the currency above US90¢ and poised to rise.
David Llewellyn-Smith
11 years ago
1
NZ moves to unblock land supply
By Leith van Onselen Yesterday, New Zealand’s parliament passed new laws to free-up land supply and remove planning bottlenecks in a move aimed squarely at improving housing affordability: The Housing Accords and Special Housing Areas Bill passed its third reading in Parliament today 63 votes to 56 and will come into effect Monday 16 September.
Leith van Onselen
11 years ago
36
The RBA’s nominal recession
Please find below an interesting (alternative) take on the economy and monetary policy from Skeptikoi: Most of the recent media’s focus on the Reserve Bank of Australia (RBA) has been on the withering character assessment of Kevin Rudd from RBA board member and former Woolworths CEO, Roger Corbett.
Leith van Onselen
11 years ago
17
Construction sector contracted in August
By Leith van Onselen The Australian Industry Group (AIG) has just released the Performance of Construction Index (PCI) for the month of August, which contracted by 0.4 points to 43.7 – well below the 50 point threshold seperating expansion from contraction.
Leith van Onselen
11 years ago
5
Brace for Septaper!
I’m going to have to admit to getting this wrong initially, I think.
David Llewellyn-Smith
11 years ago
6
Thinking like Coase, not an economist
I have often railed against the economic approach to social organisation problems which can be described as ‘assume first ask questions later’.
Rumplestatskin
11 years ago
18
Essential: Coalition win, minors to bloom
From Crikey: Tony Abbott is set for a comfortable win in Saturday’s election, but his lead has been clawed back by a late shift toward the minor parties, the final pre-election Essential Research poll shows.
David Llewellyn-Smith
11 years ago
37
Time to shift into growth stocks?
Mac Bank declares its equities hand today: We complete the portfolio’s rotation away from its exposure to high yield/defence & continue lifting exposure to earnings that are leveraged to either global growth or the emergence of a domestic recovery.
David Llewellyn-Smith
11 years ago
6
Population growth juices Australian GDP
Leith van Onselen
11 years ago
16
Australian dollar strong against the crosses
AUD/NZD is in a short-term uptrend and yesterday broke and closed above the March 14 downtrend. Having closed at 1.1600, the pair moved through previous supply at 1.1593 (the August 26 high) and could continue to squeeze up to the top of the daily ichimoku cloud at 1.1650.
__ADAM__
11 years ago
11
Australia on FIRE once again
By Leith van Onselen The Australian economy is a weird beast. According to the Australian Industry Group (AIG), both the manufacturing and services sectors have been contracting for an extended period of time, signalling broad-based weakness across the domestic economy.
Leith van Onselen
11 years ago
44
Australian manufacturing world’s worst
By Leith van Onselen We all know Australia’s manufacturing sector is in recession, with the Australian Industry Group’s (AIG) performance of manufacturing index (PMI) this month registering its 26th consecutive month of contraction.
Leith van Onselen
11 years ago
28
Australian GDP in detail
By Leith van Onselen The Australian Bureau of Statistics (ABS) today released the national accounts for the June quarter, which registered a 0.6% increase in real GDP over the quarter and a 2.6% rise over the year.
Leith van Onselen
11 years ago
6
Banned anti-Murdoch ad finds life on web
By Leith van Onselen Get-up recently created the above ad campaign against the blatant bias shown by the Murdoch print media against the incumbent Labor Government.
Leith van Onselen
11 years ago
49
PSI shows Australia is in recession
What an amazing nation this is.
David Llewellyn-Smith
11 years ago
28
Politics trashes the NBN
I’ve been arguing for a year or so now that I’d be voting for the Libs were it not for three policies.
David Llewellyn-Smith
11 years ago
103
Saul Eslake: 50 years of housing policy failure
By Leith van Onselen I had the good fortune on Monday night to attend the 122nd Annual Henry George Commemorative Dinner hosted by Prosper Australia.
Leith van Onselen
11 years ago
63
Joye: Blind Freddy can see “housing boom”
Chris Joye appears at AFR the afternoon with advice for the RBA: For the avoidance of doubt, the central bank’s easing bias remains intact, although another cut is not imminent and remains data dependent.
David Llewellyn-Smith
11 years ago
Government to save June QTR GDP?
David Llewellyn-Smith
11 years ago
1
Retail sales disappoint again
Leith van Onselen
11 years ago
8
Abbott’s climate demagoguery
I know you’ve all made up your minds already but it is my duty to report that the most fictional election in living memory has ratcheted up the fantasy.
David Llewellyn-Smith
11 years ago
113
D&B survey confirms recessionary conditions
From the monthly Dunn and Bradstreet Business Expectations Survey: Business expectations for the final quarter of the year have fallen flat in a sign that the economy’s long-awaited revival will not occur in 2013.
David Llewellyn-Smith
11 years ago
7
The known unknowns haunting markets
From Nouriel Roubini comes a little note that nicely encapsulates today’s market context: NEW YORK – During the height of the Iraq war, then-US Secretary of Defense Donald Rumsfeld spoke of “known unknowns” – foreseeable risks whose realization is uncertain.
David Llewellyn-Smith
11 years ago
7
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