Pulse: Australia & New Zealand


The Global Financial Crisis – A Decade On

Reflections on the global financial crisis (what was I doing – what was I thinking?) a decade after the collapse of Lehman Brothers.

Originally published by FIIG’s The Wire blog.

When Lehman Brothers filed for bankruptcy on Monday 15 September 2008, I was in what would turn out to be my last year as Chief Economist at ANZ Bank (not that I knew it then – I didn’t decide to leave until almost exactly three months later, and then took another seven months to put that decision into effect). 

FinTech Marketing

International FinTech startups are looking to the United States as a vast consumer and business market for their applications and services. Despite the difficulties posed by a dual regulatory system, in which multiple federal regulators join agencies in all 50 states, the wealth and size of the market beckons.

EconVue Spotlight | Is the Global Financial Crisis Finally Over?

What a week it was!  Equity markets and cryptocurrencies, both of which appeared to defy the laws of gravity, and the US dollar took a dive.  However, the story of synchronized global growth does not seem to have changed. Have we finally escaped the long dark shadow cast in 2008?  Renowned Japanese economy expert Takatoshi Ito thinks that things are changing at the Bank of Japan, the institution that invented and led the world in quantitative easing. This could be a signal of things to come in a new global monetary policy environment.

What to Watch for in 2018

Here are ten things that I think will shape the global and Australian economies in 2018, and that expect I’ll be talking about at conferences and events over the course of the coming year.

1: Central banks
The era of ultra-cheap money, which began during the global financial crisis, is drawing to a close. Already, the US Federal Reserve has raised its key policy interest rate target four times since the end of 2015, and has begun to wind back its bloated balance sheet (something which will take a very long time to complete).

Outlook for the Australian Economy against a Global Economic Backdrop

Here is my PowerPoint presentation to the ACTE-CAPA (Association of Corporate Travel Executives – Centre for Asia-Pacific Aviation) Conference, which was held in Sydney on 29th November 2017.

Inequality, Inefficiency and Australia’s System of ‘Horizontal Fiscal Equalization’

This is my keynote address to a Workshop on Federal Relations and Tax Reform hosted by the University of Adelaide’s School of Economics, in Adelaide on 29th August. Download the full presentation here.