Market Watch
Market Watch
Matt Griffin Over the past month we have seen a number of companies raise fresh capital in order to provide their businesses with sufficient liquidity to ride out the current COVID-19 related disruptions. This period has reminded us of the market coming out of the Global Financial Crisis (GFC) in 2009, where a large number...Read More
Shane Oliver Superannuation is locked away for a reason, it is a long-term investment. That simple fact can be hardest to accept when markets are in turmoil and balances are taking a hit, but in our view, history works in favour of applying a long-term lens when everyone is heading for the exit. Anyone could...Read More
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy is experiencing a severe downturn as countries seek to contain the coronavirus. Many people have lost their jobs and a...Read More
Tom Young The Australian market might feel like a bloodbath now, but for me, it’s been a long time since I’ve seen so much value in the market for those who can hold their nerve. COVID-19 has, rightly, made governments around the world sacrifice economic growth for the preservation of human health. This has sent...Read More
Dr Shane Oliver The Federal Government’s fiscal stimulus programme centred around a wage subsidy to help combat the impact on the economy of coronavirus-driven shutdowns has generated much community support. But how will it be paid for? Can we afford it? How does RBA quantitative easing fit into it? And what are the longer-term consequences...Read More
At its meeting today, the Board reaffirmed the targets for the cash rate and the yield on 3-year Australian government bonds of 25 basis points, as well as the other elements of the package announced on 19 March 2020. The coronavirus remains first and foremost a very major public health issue, but it is also...Read More
Over the weekend in Australia, the federal government announced a second fiscal stimulus package to offset the hit to growth from COVID-19. Below are some of the main take-aways: An additional $46bn worth of direct government spending for individuals and businesses impacted the coronavirus. Along with the first round of stimulus announced recently ($17.6bn to...Read More
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent. The Board took this decision to support the economy as it responds to the global coronavirus outbreak. The coronavirus has clouded the near-term outlook for the global economy and means that global growth in the...Read More
My reasons for calm in the middle of a tough quarter
February 24, 2020
At home and abroad, major events have rattled global markets in the first quarter and are set to have an ongoing impact. However, it’s not all bad news, and as always - it’s a good idea to turn down the noise. The United States and Europe You might not know it from the headlines, but...Read More
Australian real estate in 2020: outlooks and opportunities
February 24, 2020
Lessons from 2019 Economic growth is slowing, but still growing Following the Australian federal election in 2019, those of us who were optimistic about the outlook for Australian GDP growth were surprised at the extent to which the Reserve Bank of Australia (RBA) cut interest rates. However, these cuts were also in the context of...Read More