Quarterly Economic Update: April-June 2022

The price of a lowly head of lettuce has never been a recognised barometer of the strength of the Australian economy, that is until the media started reporting iceberg lettuces were selling for $10 a head. Suddenly, this has become a touchstone for everything that is wrong with the domestic economy. Prices are on the … Read more

Inflation…a view.

Investment markets fear long-term persistent inflation Long-term inflation causes interest rates to rise and sharemarkets and commercial property markets to fall. To make matters worse, the real value of a dollar is falling as well. Persistent high inflation is something that is unambiguously bad for investors. Consumer price inflation not asset price inflation We should … Read more