It’s been a dovish couple of days for central banks. First, as NAB’s David de Garis explains to Phil Dobbie, Australia’s weak CPI numbers make a cut more likely in Australia. New Zealand is following a similar path, and the central banks in Canada, Japan and Sweden have all indicated rates will be on hold (at best) for a year or more. Yet the US economy continues to perform, but could they also be considering a rate cut?
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Challenging the distortionary impacts of land value
I ask Professor Steve Keen whether enough value is placed on it and the influence it has on the broader economy.
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Follow the Productivity Leaders
Telstra’s latest Productivity Indicator report shows that 76 percent of large Aussie businesses see productivity improvements as a priority.
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A pandemic and an emergency cut with more help needed
The UK declared an emergency rate cut coordinated by government stimulus. We expect to hear Australia’s response today. But what of Europe and the US? NAB’s David de Garis on today’s Morning Call podcast.
