After the ‘Autumn avalanche’, the number of economic indicators reduces dramatically in the coming week. The economic stimulus package from the Federal Government is also expected over the week.
Craig James is CommSec’s Chief Economist.
On leaving school Craig James joined the (then) Rural Bank, whilst undertaking university studies. He received his Bachelor of Commerce (Economics) at University of NSW in 1984 and then a Master of Commerce (Economics) at the same university in 1988.
He remained at the Rural Bank, which became the State Bank over time and then Colonial, working in branches, Corporate, Planning and Economic Research.
He became chief economist of Colonial Group in September 1987, before becoming chief economist at CommSec in August 2000 with the Commonwealth takeover of Colonial.
In 2002 Craig had a sea-change, joining the Australian Financial Review. He had always wanted to pursue a role in journalism and enjoyed the role as an economic commentator and analysts, finding that he could pursue a journalistic-type role as well as doing more electronic media work at CommSec and rejoined the group in 2003.
On taking the reigns of chief economist at Colonial, Craig endeavoured to style their research in a “user-friendly” way – something that set their research apart and still does today. The approach has been successful in their media work and in promoting Colonial, and then CommSec, to the general public. CommSec is the most quoted economic group in the mainstream media.
CommSec economic reports are a bit different in that they devise tools such as the ‘Mums and Dads’ share index and the iPod index, and undertake research on the weather and demographic changes to show how they affect the economy.
Craig currently does around 2-3 regular TV crosses a day, ad hoc radio and newspaper interviews and writes regular commentaries as well as presenting to staff, clients and external organisations.
Outside work, Craig's main interests are athletics (cross country in winter), weight training, reading widely across a range of newspapers, magazines and electronic media, and trying to keep up with the children.
After the ‘Autumn avalanche’, the number of economic indicators reduces dramatically in the coming week. The economic stimulus package from the Federal Government is also expected over the week.
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A strange quirk of the statistical calendar is that each change of seasons in Australia is ushered in by a bevy of economic events. And so the ‘Autumn avalanche’ with more than a dozen indicators or events scheduled this week.
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In the coming week, there is a paucity of economic indicators. The highlight is the business investment data on Thursday.
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In the coming week, there is a spattering of economic indicators. The Reserve Bank’s laser-like focus on developments in the labour market gives the jobs and wages data top billing for investors.
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In the coming week, there is only a spattering of economic indicators. Main interest will be on the profit-reporting season.
Catch up on the latest market and economic news from Australia and around the world.
In Australia in the coming week, the December quarter inflation estimates dominate the calendar.
Major currencies were weaker against the US dollar in European and US trade.