Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Credit Suisse: Buy the Emerging Market panic

August 17, 2018 - 10:08 -- Admin

From Damien Boey at Credit Suisse: Panic! Our global strategy team have highlighted that our proprietary global risk appetite index is now in oversold, or panic territory. Risky assets have underperformed safe assets over the past six months to the point where they may be starting to look interesting from a contrarian point of view.

The post Credit Suisse: Buy the Emerging Market panic appeared first on MacroBusiness.

Netflix is dominating the ANZAC pay TV market

August 17, 2018 - 10:00 -- Admin

By Leith van Onselen Earlier this month, Roy Morgan Research revealed that Netflix had lifted its Australian subscriber base to 9.8 million households after a 30% annual surge in subscribers. By contrast, Foxtel’s subscriber base slid by 2.7% to 5.4 million households: Yesterday, Roy Morgan Research released similar analysis of the New Zealand subscription television market,

The post Netflix is dominating the ANZAC pay TV market appeared first on MacroBusiness.

Macro Afternoon

August 8, 2018 - 16:45 -- Admin

Another mixed day here in Asia with most stock markets finishing in the red, failing to make good on the positive Wall Street lead overnight. A late safe haven run to Yen has seen the USDJPY pair bring down advancing Japanese markets, while the Aussie dollar remains above 74 cents. Yesterday’s reversal on the Shanghai Composite was

The post Macro Afternoon appeared first on MacroBusiness.

Mortgage stress intensifies again for Aussie households

August 8, 2018 - 14:10 -- Admin

By Martin North, Principal Analyst at Digital Finance Analytics: Digital Finance Analytics (DFA) has released the July 2018 mortgage stress and default analysis update. The latest RBA data on household debt to income to March reached a new high of 190.1[1], and CBA today said in their results announcement ”there has been an uptick in

The post Mortgage stress intensifies again for Aussie households appeared first on MacroBusiness.

Phil Lowe shills for a ‘Big Australia’

August 8, 2018 - 13:48 -- Admin

Find below RBA Governor, Phil Lowe’s, speech today to the Anika Foundation Luncheon, where he shilled for a ‘Big Australia’: It is a pleasure to be able to speak at the Anika Foundation lunch for a second time. As the father of three teenage children I know how important the work of the foundation is.

The post Phil Lowe shills for a ‘Big Australia’ appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

New home finance continues to retrace

August 8, 2018 - 13:05 -- Admin

By Leith van Onselen Today’s housing finance data for June posted zero growth in the number of new home finance commitments (both construction and new), although commitments were down by 8.1% over the year and by 11.4% since the July 2017 peak: Nevertheless, the annual number of new home commitments is still running near the

The post New home finance continues to retrace appeared first on MacroBusiness.

Investor mortgage crash to drive house prices lower

August 8, 2018 - 12:02 -- Admin

By Leith van Onselen Today’s housing finance data for June, released by the Australian Bureau of Statistics (ABS), posted a large fall in overall finance commitments, led by crashing investor demand. According to the ABS, the total number of owner-occupier finance commitments (excluding refinancings) fell by 0.5% in June in seasonally adjusted terms and was

The post Investor mortgage crash to drive house prices lower appeared first on MacroBusiness.

Tin ear Coalition goes all in on company tax cuts

August 8, 2018 - 10:57 -- Admin

By Leith van Onselen After the Senate cross-bench yesterday extended an olive branch to the Turnbull Government, and offered to bring forward tax cuts for businesses with turnover of less than $50 million, Finance Minister Mathias Cormann has signalled the Government will seek passage of its full company tax cuts package through the Senate by 23 August,

The post Tin ear Coalition goes all in on company tax cuts appeared first on MacroBusiness.

Ex-Treasury head John Fraser captured by AMP

August 8, 2018 - 10:42 -- Admin

With AMP’s reputation shot to pieces by the Royal Commission, it has sought to restore its representation by capturing former senior government officials. After recently capturing the chair of the Financial System Inquiry, David Murray, AMP has now has captured recently departed Treasury Secretary, John Fraser: Former federal Treasury secretary John Fraser will join the

The post Ex-Treasury head John Fraser captured by AMP appeared first on MacroBusiness.

CBA profit slips on defending its transgressions

August 8, 2018 - 10:30 -- Admin

by Chris Becker The largest division of Megabank has suffered a four percent drop in net profit for the year, down below $10 billion. Mainly down to nearly criminal activity of course. From the ABC: CBA’s result was affected by a $700 million civil penalty it paid to the Australian Transaction Reports and Analysis Centre (AUSTRAC), to

The post CBA profit slips on defending its transgressions appeared first on MacroBusiness.

Pages