Tag Archive for United States economy compared to Australia’s

RBA Rate Rise – “Just in case”

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The RBA has increased interest rates by another 0.25%. Most people won’t notice for a while, as they are still busy enjoying Melbourne Cup luncheons and the like. It is an interesting move, this one. Obviously, any move of rates is a keenly watched event – much like the 150 year old horse race –…

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It was the best of times, it was the worst of times…

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Charles Dickens penned these words as the start of his ‘Tale of Two Cities‘ – a stark portrayal of social, political and economic contrasts so vivid that it remains, even today,  one of the biggest selling English novels. Why the literary reference? Apart from enjoying the novel immensely, the key phrase most clearly elucidates my…

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Australia’s amazing job success

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The May employment figures showed 36,400 new full-time jobs, and unemployment falling to 5.2%. Sometimes figures can mean nothing when taken in isolation. How about considering the fact that data from the United States suggests private employment rose  there rose by only 41,000 in May? That is an amazing result – especially when you consider…

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A tale of two economies…

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Why is the Australian sharemarket down 29% from its 1 November 2007 high point when the United States S&P 500 index is only down 26%? Is the United States economy doing better over that time period than that of Australia? Looked at another way, why is Australia’s market up only 56% from its 10th March…

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