The odds are that we get through 2018 without war, mass capital flight, or a housing crash. But all the risks are medium probability, warns Richard Holden, and the consequences could be dire.
Troubling borrowing and lending markers in the Australian housing market suggest that the lessons from the US mortgage meltdown have not been learned, writes Richard Holden.
The Nobel Prize in Economic Sciences has been awarded to Richard Thaler, an excellent choice that reflects an important shift in economics over the last three decades, Richard Holden writes.
The US economy looks to be improving but Richard Holden warns that Australia is on shaky ground with low interest rates, high household debt and the Aussie dollar on the rise again.
Employment rising, consumer spending growing but wages are still stuck. Therein lies the problem for the Reserve Bank of Australia, writes Richard Holden.
