Jason Murphy
Contributor
Advisor
-
Is The Retail Slump Good News For Australians?
A weird thing about economics is that good news sometimes shows up looking like bad news. Here’s a very current example: retail sales in Australia are terrible right now. But that could be a blessing. Why does good news wear... -
Rent Refugees From The Inner Cities: The Great Housing Migration
Australia’s population is booming. The students who left in Covid are returning and a wave of new migrants on short and long-term visas are boosting the population. But where precisely are they going? Thanks to new data we can answer... -
Go West: Why The Sun Is Yet To Set On Perth’s Economy
The Australian economy is turning, and the rug is starting to be pulled out from under us. Growth is slowing, businesses are starting to fail, jobs are becoming wobbly. But there’s one part of the country where the bad news... -
Is Australia Creating A Lost Generation Of Unemployed Youth?
Are we creating a lost generation right now? School retention is falling, especially for boys. The reason? Jobs. Youth unemployment has been really low recently. Why finish Year 12 when you can start a job now? That's the thinking. But... -
Will Australia Go Into Recession In 2024?
Everywhere across the world, recession warnings abound. In September last year, the World Bank has warned of “devastating” consequences “as more countries fall into recession,” and transport business FedEx slashed its forecasts for growth, with the CEO saying he sees... -
Are Older Australians Causing Inflation? The Data Doesn’t Lie
Australians are still spending like crazy, driving prices higher and higher, forcing the RBA into an aggressive approach to rate hikes. In turn, rate hikes are making Australian household budgets worse, stressing out families, sending marriages to the wall and... -
China’s Economy Is Faltering. Should We Be Worried?
Australian jobs and household savings are at risk as our biggest trading partner hits an economic weak-point from which it may never recover. China’s recent economic problems are not our fault, but they place our economy at risk and with... -
Aussies Splurge On Foreign Stocks—And It’s Paying Dividends
Worried about Australia being owned by foreign companies? Worry no more. Australia now owns more of the rest of the world, than they own of us—at least when it comes to the stock market. The phenomenon reveals why owning foreign... -
To Fix Inflation, We Must Make More With Less
The RBA is warning that inflation is going to drag on (and on) unless we can get on top of one big problem in our economy: productivity The RBA forecasts inflation to fall to the target range of 2% to... -
How Qantas Is Shortchanging Australian Flyers
Have you seen the new Qantas ad? The one where the son flies home from Japan to surprise his mum at her birthday? It's a bloody nice ad, and apparently a real family. It will bring a tear to your... -
Why Is The Aussie Dollar Falling?
The Australian dollar has been taking a bath. It's gone from buying 71 US cents at the beginning of the year to netting you just 64 US cents against the benchmark greenback. The dollar is down over the last year... -
Why The RBA Is Banking On Unemployment
It’s like a movie: the path to success goes via a place none of us wants to visit. We all want unemployment to stay low—for there to be choice in the labour market and a wide range of job opportunities—but... -
Australian Property Has Turned A Corner. Just Ask The Banks
Thinking about buying or selling a house? A flurry of forecast revisions from the big banks is the latest sign that the housing market is changing. Australia’s big banks sometimes have to do an embarrassing retreat. When they do, there’s... -
How To Pick The Next Property Hot Spot
Not all suburbs are created equal. Some parts of Australia are up and coming, while others are on the slide. This is apparent in everyday life: everyone knows of a part of town that suddenly seems to be brimming with... -
Are Interest Rate Hikes Over? Check Your Expectations
The RBA is not only battling to keep inflation under control, but our ‘inflation expectations’ within certain limits. Jason Murphy explains why Not long ago it seemed the RBA had gone too far, that rates had peaked and that the... -
Quick To Hike, Slow To Slice: Why Banks Play ‘Rate Tango’
Give slowly and take away fast. This is the unofficial motto of the banks, so much so that Treasurer, Jim Chalmers, has ordered the ACCC to investigate why banks have been, traditionally at least, slow to pass on rate rises... -
How High Will Interest Rates Go?
The impact of rising interest rates are already being felt, with the housing market in a tailspin and the economy at risk, as the RBA battles high inflation. But the rate hiking cycle is far from over. Official interest rates... -
How Inflation Is Spreading To Uncharted Territory
For the last few decades, you could always rely on the fact that prices for clothes and electronics barely lifted. The price of a laptop computer or a pair of jeans is roughly the same as it was last millennium.... -
Are Electric Vehicles Worth It?
What a great year to give up petrol. The number of Australians with an electric vehicle in their driveway doubled in the year to 2022, according to brand new data on Australia’s vehicle fleet. You can see the numbers in... -
The Bad News On The Budget? Australians Will Feel The Pinch For Some Time
The scorchingly high cost of living is the biggest issue for Australians right now, and on that topic the latest Budget carried some bad news. As revealed in the Budget, wages will be slightly higher than expected, but inflation will... -
Has The RBA Gone Too Far?
Australia’s central bank has lifted rates by a total of 2.5 percentage points in its crusade against consumer price inflation. The unprecedented surge in official rates has taken place in just six months—a blink of an eye in monetary policy... -
As The ASX Falls, Should Aussie Share Investors Panic?
Australia’s stock market is back below its 2007 highs. The S&P/ASX200 Index rose over 6700 back in 2007 and, as this week began, the index found itself languishing at 6600, after losing 9% over the last year. Australia’s stock market... -
Australian property prices: how rate hikes hurt some more than others
The housing market is changing. Everyone knows prices are falling as interest rates rise, but the composition of the market is also changing dramatically as well and if you own property—or would like to—it is important to understand how the... -
How long can the Aussie jobs boom last?
Will the jobs boom last long enough to result in wage rises? Concerning portents came in the latest jobs numbers for those who care to look beyond the headlines. The figures released last Thursday, included the welcome news that unemployment...
Is Australia Creating A Lost Generation Of Unemployed Youth?
Will Australia Go Into Recession In 2024?
China’s Economy Is Faltering. Should We Be Worried?
Aussies Splurge On Foreign Stocks—And It’s Paying Dividends
Quick To Hike, Slow To Slice: Why Banks Play ‘Rate Tango’
Australian House Prices Are Falling So Why Is Property So Expensive?