More low-paid work is part of the problem, not the solution

Mar 31, 2017 04:19 am UTC| Insights & Views Economy

Employer organisations such as the Australian Retailers Association, supported by the federal government, have recently argued that wages for Australias lowest-paid workers should be increased by less than inflation. This...

It's ten years since Rudd's 'great moral challenge', and we have failed it

Mar 31, 2017 04:17 am UTC| Insights & Views Economy

Ten years ago today, Kevin Rudd spoke at the National Climate Summit at Parliament House, in Canberra, famously declaring climate change to be the great moral challenge of our generation. One of Kevin Rudds most...

Softer inflation data from Spain and Germany dampen speculation of earlier unwinding of ECB stimulus

Mar 30, 2017 12:21 pm UTC| Insights & Views Economy

National CPI inflation releases today from Germany, eurozones largest economy point to price growth falling back from a four-year high this month. Flash German inflation data considered as a precursor to Fridays Eurozone...

U.S. Treasuries jump ahead of FOMC members’ speech, Q4 GDP

Mar 30, 2017 11:59 am UTC| Commentary Economy

The U.S. Treasuries jumped Thursday as investors await the Federal Open Market Committee (FOMC) members Mester, Kaplan and Williams speech, scheduled to be held later in the day. The yield on the benchmark 10-year...

UK gilts jump after PM May begins Brexit process; investors eye Q4 GDP

Mar 30, 2017 10:09 am UTC| Commentary Economy

The UK gilts jumped Thursday after Prime Minister Theresa May invoked the Article 50 of the Brexit Negotiations. It will now take around 2 long years for the process to end and officially declare Britain no more a part of...

USD/CAD likely to reach 1.40 level by mid-2017, says Scotiabank

Mar 30, 2017 09:18 am UTC| Commentary Economy

The Canadian dollar performed relatively well in the early stages of 2017; in fact, the Bank of Canada Governor Stephen S. Poloz was forced to remind investors that broader CAD strength would hurt Canadian exporters which...

German bunds gain on expectations of fall in March consumer inflation

Mar 30, 2017 08:29 am UTC| Commentary Economy

The German bunds gained Thursday, following expectations of a fall in the countrys consumer price inflation during the month of March. Also, investors remain keen to read the unemployment rate and the eurozones March CPI,...