High speed rail plan still needs to prove economic benefits will outweigh costs
Aug 02, 2016 05:47 am UTC| Insights & Views Economy
The CLARA private consortium claims a high speed rail network between Sydney and Melbourne could be paid for at no cost to the government through a technique known as value capture. What is still not clear is whether there...
A complacent, secretive IMF failed to deal with EU crisis; what's changed?
Aug 01, 2016 07:44 am UTC| Insights & Views Economy
In a 650-page report last week, the IMFs own Independent Evaluation Office (IEO) has castigated the Funds handling of the Eurozone crisis. The IEO cited a culture of complacency in the IMF; a failure to identify the...
Fundamentals to watch out for this week
Aug 01, 2016 07:09 am UTC| Commentary Economy
Compared to last week, when both Fed and BoJ were to announce monetary policies, this week is relatively less risk heavy but only marginally. Focus is on BoE rate decision. What to watch for over the coming...
Q2 GDP data shows eurozone economy still has some momentum, but, risk of downward revision high
Jul 29, 2016 11:37 am UTC| Insights & Views Economy
According to the preliminary estimates released on Friday, the Euro area recorded a tepid economic growth of 0.3 percent q/q in the second quarter of 2016. The reading was in line with market expectations but was well...
Crippling rural debt looms as biggest threat to our beef producers
Jul 29, 2016 07:46 am UTC| Insights & Views Business Economy
What will happen now that the rains have come to many parched beef lands of Queensland? Current high cattle prices and renewed pastures suggest optimism, even good times. Perhaps record exports from the worlds largest beef...
Consumers lose out to Australia's protectionist anti-dumping laws
Jul 29, 2016 07:11 am UTC| Insights & Views Economy Law
Australias anti-dumping system has become tool for protecting industries which arent competitive. Over time federal government has cranked up penalty charges on imports, such as steel, deemed unfairly under-priced, to...
FxWirePro: The Day Ahead- 29th July 2016
Jul 29, 2016 04:26 am UTC| Commentary Economy Central Banks
Lots of economic dockets scheduled for today and some with high volatility risks associated. Data released so far: New Zealand: ANZ business confidence declined to 16 in June from 20.2 in May. ANZ activity outlook...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects