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BENJAMIN ONG  |  FRIDAY, 27 NOV 2020   10:30AM
The survey was taken before Australia, in essence, successfully contained its second wave, prior to the government's announcement of a new initiative aimed at boosting business investment and news that an effective vaccine is nigh.
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Chief economist update: Dow 30 thousand
BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
With US equity markets rallying to new highs, history is again bearing witness to Warren Buffett's widely known investment principle: "Be fearful when others are greedy and greedy when others are fearful."
Chief economist update: It's looking up for the land down under
BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
Reports that an effective vaccine is eminent should help lift Australia's export of services, especially tourism and education - mainly from China.
JobKeeper saved 700,000 jobs: RBA
ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
One in five Australians who received the JobKeeper payment would not have stayed employed this year without it, according to a research paper from the Reserve Bank of Australia (RBA).
Chief economist update: Iron ore to reduce Aussie deficit
BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
At current prices, it's looking a lot like Australia's budget deficit will be less than forecast. Still, anything could happen between now and the end of the June quarter next year.
Chief economist update: The virus, the vaccine and Trump
BENJAMIN ONG  |  MONDAY, 23 NOV 2020
It appears the dying days of 2020 swing between optimism and pessimism depending on which side of the bed financial market participants get up on on the day.
Chief economist update: A wonderful set of numbers
BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
The Australian Bureau of Statistics (ABS) has reported a large uptick in the number of Australians finding their way back into the workforce with 178,000 jobs added in October.
Chief economist update: Australian wages slow but still grow
BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
While many have seen their wages stagnate, or even drop, this year the latest figures from the Australian Bureau Statistics (ABS) shows wages are up slightly from last year.
Chief economist update: Vaccine optimism sparks AUD resurgence
BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
The Australian dollar is back! Back above the US$0.73 level that is.
Chief economist update: A vaccine and a better vaccine
BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
It's not even December yet but it's as though Christmas has come to Wall Street, with news of a better COVID-19 vaccine sending both the S&P 500 index and the Dow Jones Industrials Average soaring to record highs overnight.
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