GOVTECONOMY

Australia’s 2041 Bond Tap Issue Gets Over A$10B Orderbook

By Sophia Rodrigues

The Australian government's syndicated tap issue of 2.75% May 2041 Treasury Bond has received an orderbook of over A$10 billion in the first few hours of the launch.

The initial price guidance for the bo...

GOVTECONOMY, 16 Nov 2020, 02:40 PM
Australia Q3 CPI Up 1.6% Mainly on Child Care; Price Level Back t...

By Sophia Rodrigues

Australia’s consumer price index inflation rose 1.6% q/q in Q3 but that followed a 1.9% decline in Q2 and a small rise of 0.3% in Q1, taking the overall price level back to the December 2019 quarter levels.

...

GOVTECONOMY, 28 Oct 2020, 01:47 PM
RBA: Govt Policy Saved 4,600 Business Failures in 2019-20, Anothe...

By Sophia Rodrigues

The Australian government’s support policies to businesses affected by the Coronavirus pandemic saved 4,600 businesses from failing in 2019-20 and an additional 6,600 is expected to be saved in the 2020-21 year....

GOVTECONOMY, 09 Oct 2020, 03:41 PM
Analysis: Australia’s Record Cash to Neutralize Huge Deficit Anno...

By Sophia Rodrigues

As Treasurer Josh Frydenberg prepares to deliver one of the most important budgets and the widest fiscal deficits in Australian history, he can be a bit relaxed on one count -- a sharp sell-off in bonds that typically...

GOVTECONOMY, 01 Oct 2020, 09:41 AM
Opinion: Dear Keating, Government Debt Doesn’t Require RBA Suppor...

By Sophia Rodrigues

Former Prime Minister Paul Keating’s overly critical opinion piece on the Reserve Bank of Australia is unfair and unwarranted.

On its own I strongly disagree with his views and I disagree even more now...

GOVTECONOMY, 24 Sep 2020, 05:03 PM
Strong Demand from Asian Central Banks for Australia Government B...

By Sophia Rodrigues

Central banks have shown strong interest in Australian government bonds, buying 12.3% of the latest 2026 bond, the largest proportion taken up by them at a syndication since March 2014.

The location of the c...

GOVTECONOMY, 24 Sep 2020, 12:30 PM