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(3 February 2017, AFR, p29, Financial Times) ‘The Trump administration’s willingness to break with tradition and comment about currency valuations has raised fears that the US might lead the world into a new round of currency wars, angering and unnerving allies. Shinzo Abe, Japan’s prime minister, complained on Wednesday after Mr Trump attacked China and … Continue reading
(4 August 2016, AFR, p12, by Jonathan Soble) ‘In the three and a half years years since he won the Japanese prime minister’s office on a pledge to rekindle economic growth, Shinzo Abe has tried many tactics to coax the economy into expanding He persuaded the central bank to flood the country with cheap money. He … Continue reading
(28 November 2015, AFR, p16, by Alan Mitchell ) ‘Australia is falling back to earth. Not only is it losing the temporary boost from the mining investment boom, the economy’s underlying potential growth rate is slowing. Treasury deputy secretary Nigel Ray told the annual conference of the Australian Business Economists on Tuesday that the Australian … Continue reading
(26 Nov 2014, The Age, BusinessDay, p36, Peter Martin) ‘Australia’s leading business economists are picking the Reserve Bank to leave its cash rate on hold for another six months, making it a record run of nearly two years without moves. Elected by their peers to the Australian Business Economists executive committee, the 18 forecasters work … Continue reading
(10 Sept 2013, AFR, p39, James Mayger, Toru Fujioka & Keiko Ujikane, Bloomberg) Japan Boosts GDP Estimate as Abe Weighs Sales-Tax Increase ‘Japan’s economy grew faster than previously estimated in the second quarter, aiding Prime Minister Shinzo Abe’s reflation campaign as he considers whether the nation can withstand a sales-tax increase.’ ‘Gross domestic product expanded … Continue reading
Aussie Sharemarket Barometer 