What’s the current lie of the land when it comes to the likely tariff we’ll cop? And how will our government, central bank and stock market react?
Peter Switzer launched his own financial business 30 years ago. The Switzer Group has since grown into three successful companies spanning media and publishing that creates written content as well as video and films, with its latest acquisition being the global brand Harper’s Bazaar, financial advice, insurance and business advice. Peter is an award-winning broadcaster, twice runner-up for the Best Current Affairs Commentator award for radio, behind broadcaster Alan Jones. He talks to Ben Fordham each morning on 2GB, as well as writing each day on switzer.com.au
What’s the current lie of the land when it comes to the likely tariff we’ll cop? And how will our government, central bank and stock market react?
The nations borrowers were praying for a good inflation number yesterday. They got it, so there should be no excuses for the RBA to deny a rate cut on August 12.
Trump’s 10% tariff slug could end up being 20%, hurting our manufacturers, miners and farmers. If this rumour’s right, just how much hurt will it meter out to us Aussies and our economy?
There are plenty of things that move markets — inflation data, central bank statements, geopolitical curveballs, and yes, even tweets from a certain orange-haired former President. But for Aussie investors, the Consumer Price Index (CPI) data landing Wednesday could be the make-or-break moment for interest rates this side of Christmas.
The brand name Ansett has landed, driven by AI (artificial intelligence). We need to be aware of this sign of our future where your job or business could be threatened
Fortescue’s $900 million hydrogen project in the US and $1 billion plant in Queensland won’t go ahead. Does Trump play a role here? Are these hydrogen plants simply ‘pie in the sky’? Is Fortescue being forced to repay $60 million to taxpayers? Read on.
The way the Reserve Bank Governor is talking, with the labour market in good shape, there could be no rush to cut interest rates.
Four Corners investigated the ATO whipping clean a near $1 million tax bill for former Prime Minister Paul Keating. What’s this all about? Would all taxpayers get such a fair go?
The notes or minutes taken at the Reserve Bank board meeting that shocked the nations’ economists and millions of Australians with a home loan indicate that the country’s interest rate deciders might not cut in August! Ultimately, the decision to cut will depend on the run of economic data, especially what’s revealed on July 30.
Albo costs the public purse $7m, but it’s chump change in Trumpland where the two-time Commander-in-Chief is netting billions on Bitcoin.
We didn’t get a rate cut on July 8 because the quarterly inflation figure was too high and the lower monthly figure wasn’t trusted. Confusing? Absolutely. Now, $156.7 million will be spent to get better statistics.
When most economists thought a July cut a certainty, one doubter is now calling an August cut a “slam dunk”. Is our RBA board gutsy enough to do what business owners and borrowers would love them to do by cutting rates by a half-a-point next month?