FIIG Research

A total $400bn has been wiped off the value of Australian house prices since the 2017 peak, yet the RBA projects an indifferent and daresay bold outlook for the current economy. Its outlook faces extreme downsides and an interest rate cut is looking unlikely The RBA rolls the dice on house prices The usually careful and well considered Reserve Bank of Australia is taking a huge gamble on the Australian economy into 2019 and 2020.

Stephen Koukoulas delivers his final note on why Australia is safe from a recession - for now. But what factors could drive our nation into one? Australians should be justifiably proud of the fact that the last recession in Australia ended in the June quarter 1991, over 26 years ago. This means around half the current workforce has never had to deal with the pain and suffering – both financial and emotional – that a recession delivers.

Stephen Koukoulas says financial markets, which usually yawn on budget night, might be a little more focused this year on any signs of policy loosening, any debt and deficit risks and other policy changes aimed at sweetening the electorate In just over 10 weeks, on 8 May to be exact, Treasurer Scott Morrison will deliver the 2018-19 budget - almost certainly the last before the next election.