Australia’s GDP numbers yesterday surprised many, falling well below NAB’s expectations, which themselves were below market consensus. On today’s Morning Call Phil Dobbie asks NAB’s Gaivn Friend what this means for the RBA who, yesterday, Ray Attrill described as wearing rose tinted glasses. Has reality started to bite? There’s also discussion on the Bank of Canada’s rate decision, and how the ECB will weather the downturn in Europe. Plus, disappointing data from the US, but perhaps more important where the words from the Fed’s John Williams – listen in to find out what he had to say.
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Hong Kong Returns to Pre-COVID Protests
The Hong Kong uncertainty will see off the correlation between the Aussie dollar and US shares, says NAB’s Ray Attrill.
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Surveillance Reform: The Devil’s in the Detail
A blanket approach offering rich metadata to any law enforcement agency that wants it is probably not the best way forward. There needs to be a clearer definition of the various types of metadata, some of which should require a warrant to access.
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Flood Plains and Memory Loss
House prices in parts of Brisbane can expect to fall by as much as 35 percent as result of the recent floods. Yet we know which suburbs are liable to flooding, so wouldn’t the risk have been factored in to house prices?
