Latest News

Live TV Appearance on Channel News Asia

I appeared on Channel News Asia again this morning at 8:30am SGT from their OCBC Centre studio.  My questions and my responses in the form of brief notes are below: Q1. Today’s release of central bank policy meeting minutes, do you see prospect of a rate cut in November? All year we have been discussion …

Live TV Appearance on Channel News Asia Read More »

Australian Consumer Sentiment Rises 3.9%

Malcolm Turnbull’s ascent to the Prime Ministership has given consumers reason to smile, with the Christmas spending outlook at a seven-year high. The Westpac/Melbourne Institute index shows consumer sentiment rose by 3.9 per cent in November to 101.7 points, lifting above 100 points and indicating there are now more optimists about the economy than pessimists. …

Australian Consumer Sentiment Rises 3.9% Read More »

RBA Sees Improved Economic Conditions

With no sign of a near-term recovery in non-mining business investment and with our major trading partners at below average growth, the Reserve Bank of Australia is pinning its hopes on stronger employment and consumer spending to maintain its forecast of moderate growth over the coming year. The central bank’s latest forecasts for the Australian …

RBA Sees Improved Economic Conditions Read More »