RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

ABC New (December 26)

2023/ 12/ 27 by jd in Global News

Due to unexpectedly high migration, “fears that Australia would enter a technical recession during 2023 didn’t eventuate.” Still, “for many, life in 2023 certainly felt recession-like as Australians faced more interest rate hikes, a rising tax bill and a still-increasing cost of living that again outpaced wage growth.”

 

Bloomberg (September 25)

2023/ 09/ 27 by jd in Global News

“China is the biggest buyer of Australian goods from iron ore to coal and food products and a windfall from recent elevated commodity prices helped Canberra report its first budget surplus in 15 years. If Chinese demand were to weaken, it would lower those prices and slim Australia’s trade surpluses, or even return it to deficits.” The Council of Financial Regulators (CFR) found that “The impact of a deeper economic deterioration in China will be mainly felt in Australia through weaker trade and reduced risk appetite in financial markets.”

 

MarketWatch (June 7)

2023/ 06/ 08 by jd in Global News

“The Bank of Canada delivered another reminder to U.S. investors Wednesday that pressing ‘pause’ on interest rate hikes doesn’t necessarily mean the monetary tightening cycle is over.” The central bank “surprised traders” by lifting rates a quarter percentage point after a four-month pause. The move came just after the “Reserve Bank of Australia on Tuesday delivered a second straight rate hike after having ended a short pause of its own.”

 

Financial Times (February 19)

2023/ 02/ 20 by jd in Global News

The Bank of Japan’s “ultra-loose policy is now on a somewhat pre-determined path — towards (if not quite through) the exit door.” The impact of investment flows retreating to Japan may be “most significant for the US Treasury market, where Japan is the largest single foreign holder.” But Japanese investors also hold sizeable market shares “in Australia, New Zealand and parts of western Europe. A shift in policy under Ueda will matter not just for Japan, but for pockets of global debt markets, too.”

 

Bloomberg (February 1)

2023/ 02/ 01 by jd in Global News

“Shaky property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices.” From the U.S. to China, Australia and New Zealand, the housing slide could “threaten to undermine consumer confidence and weigh on household spending.” Moreover, “investment too could take a hit as developers scale back projects in response to falling prices, waning demand and higher borrowing costs.”

 

The Guardian (September 12)

2022/ 09/ 13 by jd in Global News

“New Zealand, which once eliminated the virus through the toughest pandemic rules in the world, has made relaxations similar to Australian or European conditions. Mask-wearing will no longer be mandatory in public places, and the last vaccine mandates will be ditched in two weeks.” Tests for inbound travelers “on arrival in New Zealand are no longer required but encouraged.”

 

Reuters (July 21)

2022/ 07/ 24 by jd in Global News

“Worries over a global slowdown are casting a shadow over Asia’s recovery prospects with factory activity growth slowing in Japan and Australia, keeping pressure on policymakers to support their economies while tightening monetary policy to combat inflation.”

 

LNG Industry (January 6)

2022/ 01/ 08 by jd in Global News

“The world’s two largest economies–the US and Mainland China–are poised to be the world’s top export and import markets for LNG in 2022.” In 2021, the US placed third, behind Australia and Qatar, but “was the largest source of LNG supply growth in 2021.” China overtook Japan in 2021, marking “the first time since the early 1970s that Japan has not been the world’s largest LNG importer.”

 

Wall Street Journal (December 3)

2021/ 12/ 03 by jd in Global News

“Wages are going gangbusters in the U.S.—elsewhere, not so much.” In Australia and Japan, “pay growth remains anemic… despite labor shortages.” Nor do wages appear to be rapidly accelerating in Europe, all of which is “easing pressure on their central banks to raise interest rates.”

 

Reuters (September 16)

2021/ 09/ 19 by jd in Global News

“Australia’s new security pact with the United States and the UK, seen as a move to contain China, may worsen strained ties with its biggest export customer, but China’s insatiable appetite for resources may limit its punitive responses.”

 

« Older Entries

[archive]