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Huw McKay

Yesterday

Markets are resigned to a US-China trade war.

Nine rules for investors to navigate the trade war

Trade wars, like pandemics, have the potential to break traditional correlations in financial markets. But do not despair: trade wars also have their logic.

December 2024

The Reserve Bank board is set for a shake-up.

Chalmers should pick ‘superforecasters’ for the new RBA board

The ideal member would have a deep and broad knowledge of many disciplines and be more likely to contribute to better predictions.

October 2024

The basic reason for AUD mispricing has been that relative interest rates in Australia were set too high, and too low.

Erratic Aussie dollar a factor in the RBA’s missed inflation targets

Over the past decade, the central bank’s policy choices have led to exchange rate levels that have made inflation challenges harder, not easier.

September 2024

People check out Huawei’s new smartphone in Beijing. Ultimately, reflation hangs on revived consumer confidence.

China’s had deflation before. This is what it needs to do this time

Balance sheet issues were central to the contraction in previous deflationary episodes, and the resolution of these was key. Policymakers should focus on that.

August 2024

Recommendation 28 of the Thodey Review of the APS published in 2019 was to establish an integrated strategy office (ISO) under the Prime Minister and Cabinet office .

Whole-of-government should cut across ‘legacy’ portfolios

The big and wide-ranging issues that will dominate future decades require an integrated strategy office to be established to wrestle with complex, integrated problems.

Original URL: https://www.afr.com/by/huw-mckay-p537mi