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Coronavirus News

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
Japan may need to spend more to mitigate the expected slowing in consumption and business activity following the declaration of the second state of emergency.

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession.

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
The Chinese yuan has seen a sharp appreciation, leading major Chinese news outlets to report that the government would be relaxing rules to make it simpler to settle the currency internationally.

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
Australia has graduated from being caught in the US-China spat crossfire to being directly in Beijing's line of fire.

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
Brexit is over and Britain is facing a fresh outbreak of coronavirus infections. What will it mean for the economy and are negative interest rates on the horizon?

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
If we learned anything from 2020, it is that fiscal and monetary authorities would do whatever it takes to preserve our lives, livelihood and finances.

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
The S&P500 and Dow Jones Industrial Average closed 2020 at record highs despite the number of coronavirus infections gripping the US.

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right.

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown.

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
The Fed's final act for the pandemic year 2020 was inaction.