China's economy is experiencing a bout of deflation. Consumer demand is weak, the population is growing older and the property sector is undergoing a painful deleveraging. Is the Chinese economy about to stagnate like Japan in the 90s? Plus, the latest confidence numbers for Australia and CBA posts a record profit on the back of rising interest rates.
The RBA has kept interest rates on hold for the second meeting in a row. Are we now, finally, done with rate rises? Plus, the US government credit downgrade and industrial policy makes a comeback.
Inflation in Australia is coming down. Have we won the war? Should Governor Lowe feel stiff? Or will rates need to stay 'higher for longer' as services inflation continues to blaze? Plus, the IMF sounds cautiously optimistic on global growth and Mark gives us his reflections on the UK economy after his holiday.
The white smoke is billowing from Martin Place, we have a new RBA governor. So who is Michele Bullock? And what will Philip Lowe's legacy be? Mark is still on leave so Bennett joins Ivan to answer these questions. To hear more of Bennett, listen to our new podcast, Boardroom Conversations , where he talks to some of Australia's leading directors aicd.com.au/news-media/boardroom-conversations...
The US Fed 'skips' hiking this month but hints there's still more to come. Plus, the Australian labour market continues to boom even as confidence slides. The Dismal Science will now also be pausing for a few weeks as Mark is on holidays. Back soon.
Another rate rise brings the total tightening to 400bps in just over a year. Add in the disappointing first quarter GDP growth and this week seemed like a tipping point for the Australian economy. Are things about to get worse before they get better? Plus, the regulators come for crypto.
A US debt ceiling deal, a stubborn inflation number for Australia, the Chinese recovery slows and Ivan moves house.
With Narendra Modi's visit to Australia, we ask if economic diplomacy actually works. Plus, the debt ceiling draws closer and the AI boom gathers steam.
With the passing of Robert Lucas, the champion of rational expectations theory and one of the most influential economists of the last 50 years, we ask whether his legacy holds up. Plus, with unemployment edging up, consumer confidence down and wages continuing to disappoint, we look ahead to the RBA's June meeting.
Treasurer Jim Chalmers has delivered the first budget surplus in 15 years, helped by the boom in jobs and commodity prices. The government has used the windfall to deliver a cost of living package targeted at the most vulnerable, but will the spending stoke inflation and prove counterproductive? Plus, the US is again facing a debt ceiling crisis and we say vale to the great Allan Gyngell AO.
A surprise rate rise and a surprise host on the 150th episode of the pod.
Inflation eased off in the first quarter of the year and we appear to be past the peak. So will the RBA continue to leave rates on hold next week? Plus, more on the tight rental market.
The review of the RBA is in. We look at what's changing, what's not changing and the critique of the bank's performance.
The boom in jobs continues in Australia and consumer confidence is bouncing back, but does this mean another rate rise is on the horizon? Plus, US inflation, Sydney NIMBYs and the IMF's gloomy forecasts for the global economy. A rapid fire episode as Mark and Ivan both battle colds.
The RBA pauses and house prices are on the march again. Will it be enough and where will it end?
The markets are expecting the RBA to pause the rate hikes next week with the global financial turmoil and inflation seemingly having peaked. Is Philip Lowe finally going to ease up on the beleaguered Australian mortgage holder? Plus, Deutsche Bank credit default swap shenanigans and we ask if the AI productivity revolution is already here.
In Switzerland, they had brotherly love, and they had 500 years of democracy and peace, and yet their second largest bank has still collapsed. What went wrong? It's a story of fraud, spying, kickbacks, Bulgarian drug-dealers and all-round Suisse poor risk management. Plus, the Fed keeps hiking through the turmoil, do bailouts sow the seeds of the next crisis, and JPMorgan is left holding a bag of rocks. Apologies for Ivan's terrible audio in this episode. He was reporting from deep under the wat...
We answer five big questions in the aftermath of the Silicon Valley Bank collapse: What happened at Silicon Valley Bank? Did the authorities get the response right? What even is a bank for? Is the Fed to blame? Could this happen in Australia?
We talk to directors about their outlook for the economy and the challenges they're facing, we catch up on this week's RBA and Fed news, and we ask if Australia is investing enough in AI.
Once again, we're live from the Australian Governance Summit. We talk RBA, of course, whether the world is stabilising again after years of crisis and the risks of artifical general intelligence.
As criticism of the RBA governor Philip Lowe mounts, we ask how high will interest rates go, what could he have done differently and is the Reserve Bank's independence in jeopardy?
For our first episode of the year, we look ahead at the five big questions for 2023: Will the RBA keep hiking rates? Will there be a recession in the US? Will the Chinese economy recover now that the zero covid policy has been abandoned? Will the war in Ukraine continue to disrupt the global economy? Is crypto done?...
It's another bumper quizmas episode. We score Mark on last year's quiz and look ahead to 2023. Plus, are gas price caps a good idea? Has inflation in the US peaked? And another great jobs report in Australia. Thank you to all of our listeners. Have a great break! We'll be back in January with more episodes.
A new AI chatbot called ChatGPT has us asking if the robot productivity revolution is nigh. Plus, a final rate rise for the year, another healthy GDP number and Australia's current account once again slips into deficit.
Inflation is showing signs of waning. Have we put the genie back in the bottle? Plus, a non-apology apology from the RBA and with protesters on the streets, is the Chinese grand bargain on stability and growth at an end?
Another climate conference, another cop out? We look at the progress, or lack thereof, at COP-27, including an agreement to establish a 'loss and damage' fund for poor nations. Plus, should central banks buy bitcoin? And the cost of the World Cup.
As criticism builds, the RBA has reviewed its forward guidance given during the pandemic. Has it permanently undermined its credibility? And how will it communicate to the public in future? Plus, the Australian economy keeps adding jobs, wages might finally be moving and a Korean credit crunch.
DSGE models, which power central banks' interest rate decisions, are under fire. Can we trust them? Plus, the fall of crypto wunderkind Sam Bankman-Fried crashes the market and everyone is nervous about the Australian economic outlook.
With energy prices continuing to soar, the government is exploring its options to keep the lid on. Should Australia be sending less gas offshore, reserving some for the local market? Plus, the RBA and Fed continue to hike rates and what car washing tells us about the UK's economic stagnation.
The inflation rate has surged to a 32-year high, but how will the RBA respond at their upcoming meeting? Plus: the key points from this week’s budget, the delayed release of China’s GDP numbers and what do mozzarella pizza toppings tell us about India’s GST system?
