This Month
Tokenisation of real-world assets is the killer app for crypto
What if crypto was not only a speculative asset class but a new technology stack for financial markets?
- James Eyers and Jessica Sier
$A plunge boosts foreign equity position, RBA finds
The banks hedge their currency risk so extensively that Australia’s improved ledger has little real benefit to them.
- Updated
- Jonathan Shapiro
- Opinion
- Chanticleer
Pension funds hit reverse on $A bets
Real money investors globally – big pension funds, insurers and mutuals – were happily overweight the Australian dollar. Then they sold en masse.
- Anthony Macdonald
- Opinion
- Bonds
Why the rush to safe haven assets isn’t likely to last
The question for investors is how to make sense of the volatility arising from the tension between the higher-for-longer interest rate environment, and capital flows to assets deemed safe during times of turmoil like war.
- Chris Dickman
Hot US inflation hits $A, lifting chance of RBA rate rise
The Aussie is trading near an 11-month low after US consumer prices rose more than expected overnight, strengthening the case of high rates for longer.
- Cecile Lefort
‘Nice to charge in USD’: Aussie start-ups’ unexpected boon
Australian technology companies that have their workers in Australia and most customers in the United States are winners from the dollar’s weakness.
- Nick Bonyhady and Tess Bennett
Why your favourite prosecco may be getting harder to find
Importers, such as Melbourne’s Boccaccio Cellars, are hit hard by the Aussie’s plunge in value against the euro and the $US over the past year.
- Gus McCubbing
- Opinion
- The AFR View
Policy contradictions threatening return to low inflation
The Australian currency’s depreciation follows hopes the new oil price pressures would prompt the new governor to do more to shore up the Reserve Bank’s low inflation credibility.
- The AFR View
- Updated
- Interest rates
ASX, $A hit 11-month low as bond rout pressures RBA on rates
A surge in long-term bond yields has pushed the Australian dollar and the sharemarket to an 11-month low and may force the RBA to raise the cash rate.
- Michael Read
September
$A tumbles as oil rally fuels bond market sell-off
The Australian dollar dipped to US63.4¢ overnight as further oil price gains strengthened inflation fears across global markets.
- Joshua Peach
ASX snaps four-day losing streak, buoyed by miners, banks
The S&P/ASX 200 ended Monday up 36.6 points, or 0.5 per cent, to 7192.3 as iron ore prices helped lift BHP and Fortescue Metals.
- Joshua Peach
- Opinion
- Opinion
What’s up with the crumbling Australian dollar?
Like a parachutist without a reserve, the Australian economy is facing the real and present danger of a currency that tumbles too far.
- Jacob Greber
August
ANZ’s head of FX is optimistic about the Australian dollar
Mahjabeen Zaman also believes the next RBA rate move is more likely to be up than down and doesn’t envisage rate cuts until late next year.
- Cecile Lefort
Lacklustre China stimulus lifts the Australian dollar
The Aussie has stabilised after five weeks of losses after Beijing announced a series of small measures to boost the stuttering recovery.
- Cecile Lefort
- Opinion
- Opinion
Why the Australian dollar again looks like the Pacific peso
Pendal’s Tim Hext says the weakness in the Aussie dollar is not just because of a strong greenback, there are other reasons in play.
- Tim Hext
- Opinion
- Chanticleer
Wesfarmers’ profit tells five stories about the economy
The power of a massive conglomerate is diversification. Rob Scott’s strong 2023 result shows us where the pain points and opportunities are in this economy.
- James Thomson
RBA trial finds eAUD launch ‘some years away’
A report on 14 pilot CBDC projects concluded an eAUD may lift the “efficiency and resilience” of the payment system but many questions remain unanswered.
- James Eyers
Investors short the $A as China takes centre stage
Hopes of a soft economic landing in the US have led investors to shift focus on the next big risk: China’s deteriorating economy.
- Cecile Lefort
$A sell-off catches market off guard
National Australia Bank has placed its currency forecasts under review, and CBA says the Aussie’s decline has been faster than expected.
- Alex Gluyas
CBA sees risk of Aussie dropping below US60¢
The bank warns a deteriorating Chinese economy could extend the $A’s sell-off, creating a fresh inflationary headache for the RBA.
- Alex Gluyas
