Yesterday
Trump blinks | Dutton’s door opens | ASX slammed
Editor-in-chief James Chessell joins to unpack the market mayhem, weigh Peter Dutton’s election chances and preview a big week in corporate Australia.
Labor’s housing fund may need bailout after stock slump
Taxpayers could be forced to top up the $10 billion Housing Australia Future Fund if financial markets do not recover in the next three months.
Trump goes all-in for his biggest deal ever: China
Amid the ruins of the rules-based global trading system, the US president has bet the house on Xi Jinping playing along with his art of the deal.
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.
RBA awaits China stimulus to protect Australia
The Reserve Bank and Treasury are pinning their hopes on infrastructure assistance from Beijing to shield the nation from a deepening trade war.
Will global leaders practice free trade preached to Trump?
Given the agreement that tariffs are a tax on consumers, why don’t both major political parties pledge to remove them if they prevail at the election?
There is no cunning theory behind Trump’s tariff plan
The White House cited my classmate’s economic research to justify its reciprocal tariffs – it got the maths wrong. But it gets worse.
This Month
Bullock seeks to calm nerves as rate cut calls grow louder
Speaking for the first time since Trump’s tariff announcement, Michele Bullock says the volatility caused by the trade war is not as bad as the GFC.
Trump’s economic cold war forces trade pragmatism from Australia
Deepening South-East Asian trade ties would prevent an assertive China exploiting the vacuum left by Trump’s unpredictability.
ASX board, management needs a clean-out
Readers’ letters on the Reserve Bank losing confidence in the ASX, Donald Trump’s backdown on tariffs, foreign students and Peter Dutton’s election campaign
Coalition’s Future Fund plan is a funny money fiscal illusion
The opposition’s proposal to pay down debt would actually involve the federal government taking on even more debt.
How Donald Trump crowded out Angus Taylor’s killer lines
Jim Chalmers and Angus Taylor were gearing up for a cost-of-living election but Trump’s ascension to the White House in January has changed everything.
Labor is giving the people what they want to hear
Peter Dutton is struggling to compete with Anthony Albanese’s promises to protect voters from the new Trump world challenges - as opposed to facing up to them.
Strap in for long trade war, CBA warns
Commonwealth Bank chief economist Luke Yeaman says the economic pain from Donald Trump’s trade disruption will not end soon.
Election campaign of cheap jibes and petty bribes
Readers’ letters on Anthony Albanese and Peter Dutton’s campaign performance, Donald Trump’s tariffs and making childcare a tax deduction.
Trump’s tariffs will isolate America from global trade solution
Many countries that share US concerns about China’s industrial subsidies will now see it as a more reliable trade partner.
Trump’s chaos kills American exceptionalism
Investor belief in US superiority drove Wall Street to sky-high valuations, but the president’s trade war is now eroding this conviction.
Why we shouldn’t rule out an economic doomsday
Policymakers should be war gaming the worst scenario because never before has a single signature by a single individual raised the probability of recession so sharply.
How to profit from the market panic
Fear is natural. But in markets, these times can present the opportunity to buy quality assets trading at potentially fantastic prices.
Markets have seen through Peter Navarro’s ‘tissue of lies’
The evidence against Donald Trump’s tariff adviser, and his “poorly designed and reckless” tariff hikes, is overwhelming.
Why economists doubt a recession is coming for Australia
Australian businesses affected by Trump’s tariffs will find new export markets while the economy will be bolstered by rate cuts and a falling currency, analysts say.
Why Australia’s top modeller says we are not headed for recession
Former RBA board member Warwick McKibbin has an unrivalled track record in financial crises. Betting against him is a risky trade.
Recession talk is premature
The major parties are jostling to be perceived as the best placed to manage the international economic turmoil. Australia needs cool heads to prevail.
Trump’s game of bluff on tariffs and tax
China is threatening to “fight to the end” if America imposes yet more tariffs. The respite on global sharemarkets is likely to be temporary if trade tensions continue to escalate.
Bullock was right about Australia’s shock absorber against US tariffs
Last week, the RBA governor said the exchange rate would be an important “buffer” in Trump’s trade war. It is what economists call it an “automatic stabiliser”.