As a second wave of COVID sweeps across Europe, China is aiming for carbon neutrality by 2060. SMIF economic analyst Laurence Vu provides an overview of this week's news and a chart showing the RBA's three year bond yield target.
The US budget deficit eclipses the previous full-year record following the Global Financial Crisis, while Australia extends 'JobKeeper' and 'Job Seeker' payments. SMIF economic analyst EJ provides an overview of this week's news and a chart depicting how COVID-19 has impacted household spending.
Hopeful new unemployment figures show that Australia has recovered half of all jobs lost this year, while to the north China looks to be emerging out of economic crisis much aster than the US. As global Covid-19 cases pass 30 million, the state of global economic recovery is still very much in question. Jia-Wei Loh from the Economics Team examines these issues and more in the latest round of weekly news.
In only the past few months there have been rising trade and political tensions with Australia's largest trade partner, China. The SMIF economics team takes a dive into what has happened so far, what these trade barriers mean to Australia, and what Australia could do if trade with China slowed dramatically.
China continues its new strategy to become more self-reliant while the US hits record highs in its spending and India continues to bear the severe consequences of the poorly contained virus. Economic analyst Raymond Wang takes a look at this week's news, and breaks down exactly how the recent stimulus payments have been spent - or saved.
Allegations of meddling have been made against China in the 'ease of doing business' rankings, while Polio is eradicated in Africa. SMIF economic analyst Josh Leaman provides an overview of this week's news and a chart demonstrating the impact of government benefits to household income growth.
With the world economy in turmoil, it is becoming increasingly common for central banks to look to unconventional monetary policy. What are these policies, and why use them? The SMIF Economics Team have looked into some of them to see what they're all about.
Is the world truly beginning to recover from the effects of the pandemic, or is government support continuing to mask the true effects of the crisis? In this week's news update, economic analyst Luca Formaggio analyses these trends, and explores how measures of money supply can be used to predict recessions.
