How Can We Be Lovers?

Times are rough, but we can make it, We can work it out How can we be lovers if we can’t be friends? How can we start over if the fighting never ends?                 Michael Bolton...

MMT and Chill

On 1 July 2020, Indonesia’s central bank closed an agreement with the government to fund $40bln USD at zero% interest rate, to fight the coronavirus pandemic. This is the largest debt monetisation program among emerging market nations so far. While Bank...

Youth Of The Nation

“Who’s to blame for the lives that tragedies claim, No matter what you say, It don’t take away the pain”                 P.O.D. [2001]   In Australia,...

What you see is what you get

“I’m an easy read but I ain’t no open book, Got a knack for making things harder than they look” Luke Combs (2019) Something the RBA is particularly good at is making their balance sheet transparent so that market watchers such as ourselves...

Don’t Dream It’s Over

“Hey now, hey now, don’t dream it’s over” Crowded House, 1986 Last week the ABS released Q1 2020’s GDP figure, telling us what we already knew, that economic output declined in Q1 this year. Australia has gone 114 quarters without a...