Treasury to release MYEFO on Dec 16

By Sophia Rodrigues

Published On 10 Dec 2021 , 12:00 AM

There is greater interest in the Mid-Year Economic and Fiscal Outlook this year given the slow pace of government borrowing so far this year, and uncertainty about what the fiscal position might look like by the end of the fiscal year.

Treasury has confirmed the MYEFO will be published on Thursday, December 16.

Commonwealth Bank expects the underlying budget deficit for 2021-211 to show an improvement to A$76 billion deficit from A$107 billion forecast at the May budget. ANZ expects an improvement of A$10 billion which translates to deficit of around A$97 billion while Westpac expects forecast of worsening deficit of A$117 billion.

LATEST SNIPPETS

ANZ analysts see NZ in leading position to normalize monpol

Forex analysts at ANZ have created an interesting pressure gauge to measure and rank the distance that each G10 econo...

Published on : 17 Feb 2021 , 11:35 AM
Key headlines from RBA statement Tuesday

From the RBA's February Monetary Policy Decision statement:
--QE extension of A$100 billion after current...

Published on : 02 Feb 2021 , 02:35 PM
AOFM updates issuance guidance for rest of the year

Following the release of MYEFO on Thursday, the Australian Office of Financial Management has updated issuance plans...

Published on : 18 Dec 2020 , 09:06 AM
Finally the MYEFO date...

After a few phone calls, I finally managed to get confirmation that MYEFO will be published on Thursday. Even the Tre...

Published on : 14 Dec 2020 , 10:45 AM
Headlines from RBA Debelle's speech Tuesday

Headline from RBA Deputy Governor Guy Debelle’s speech Tuesday:

--RBA CAREFULLY MONITORING IMPACT OF...

Published on : 24 Nov 2020 , 01:30 PM
RBA not buying bonds under yield target; A$2B under QE

The RBA will buy A$2.0 billion of November 2024 to May 2028 AGS under the A$100 billion QE program today.

T...

Published on : 19 Nov 2020 , 11:23 AM
RBA buying longer-term Semis today

The RBA is buying A$1.0 billion of Semis with maturities in the July 2028 to May 2032 range. This is part of its purc...

Published on : 18 Nov 2020 , 11:30 AM
RBA again buying April 2024 under yield target plus A$2B QE

For the third time in a row, the RBA is buying bonds under the 3-year yield target policy at the same time as it is p...

Published on : 16 Nov 2020 , 11:20 AM
CBA economists see Australia jobless rate at 5.75% by end-2021

A very bold set of forecasts from CBA economists who have just upgraded their forecasts for Australian economist.

...

Published on : 13 Nov 2020 , 10:20 AM
RBA buys 2024 bond at 0.1142% weighted avg yield; 2030 bond at 0.9133%

The RBA bought A$2.0B of April 2024 government bond at a cut-off yield of 0.1075% and weighted average yield of 0.114...

Published on : 12 Nov 2020 , 06:26 PM