“Knows nothing”. Bloomberg. “an embarrassment to the financial markets” Euromoney. “definitely not worth following”. his mother. *Oz trade-envoy to UK.
@TheKouk FFS. The “ bond market “. Nearest bond is September 2026 maturity and it’s at 4.55%. RBA meeting date OIS which is a derivative is at 4.41%. Def not a bond and def not pricing in a hike. Where does he get his material?
The housing market cooling across Australia is the tip of the iceberg.
We are on the brink of a huge slow down and most havent figured it out yet.
The writing is on the wall and the next 12 months are going to be tough.
#auspol
Apparently I don’t look at prices closely enough until I have to buy one item.
3 litres of milk is over $7
Sweet baby jesuzzz how the hell are people surviving?
@matt_barrie@ausstockchick Mass mortgage fraud. Tired old trope with scant evidence and even less actual impact on arrears, defaults etc. about as valid as your share price
@clairlemon Claire, out of interest what have you calculated the impact of the FWC pay rise on overall CPI..( note it’s a statutory body and not the government which would be a minor detail for you).
@smith_johnxxxx@GemmaTognini@AustralianLabor Not true. There is NO sovereign wealth fund. There is an offset fund to the federal government workers pension liabilities called the Future Fund. And it was seeded by public owned assets. Absolutely no one gets the capital or the income from the FF, as it is internal.