24 Jul 2024
Assembling a housing solution
Jeff Whalley |
Assemble has in recent years been a great example of how the private sector can solve housing shortages. Their model just got stronger.
Economy
10 Jul 2024
Embracing volatility
Lakshman Anantakrishnan | Chief Investment Officer, ANZ Private
Some traditional drivers of asset prices are being overwhelmed by alternative policy measures and structural change including disruptive tech and the green transition. This presents opportunity.
19 Jun 2024
Weather: against the grain?
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
Farmers in the grain belt are waiting for the rains to come, the exact time they arrive can impact everything – including the cost of your bread.
18 Jun 2024
The one-hundred-day sprint
Daniel King | Managing Director Suncorp Integration, ANZ
The first 100 days of any transition is crucial. These are the steps ANZ is prioritising as it prepares for a potential large-scale integration of Suncorp Bank.
17 Jun 2024
Australian housing: signs of slowdown
Blair Chapman | Senior Economist, ANZ
Growth in Australia’s largest housing markets is showing signs of slowdown as population growth slows alongside an increase in available housing.
12 Jun 2024
Euro summer nights beckon
Yiken Yang | Deposits and Payments Lead, ANZ
Fancy a restaurant on Paris’ Left Bank? Sunning yourself on the Amalfi Coast? Australians love escaping the cold and heading to Europe in rising numbers. Here is how they plan to spend their cash.
15 May 2024
BUDGET 24-25: the key points
Adam Boyton | Head of Australian Economics, ANZ
ANZ’s Head of Australian Economics Adam Boyton brings you the key measures from the Federal Budget.
15 May 2024
BUDGET 24-25: a contested environment
Richard Yetsenga | Chief Economist, ANZ
How will consumer confidence respond to the Australian Federal Budget? Richard Yetsenga shares his thoughts.
09 May 2024
Mum’s the word on Mother’s Day spending
Yiken Yang | Deposits and Payments Lead, ANZ
Australians love their Mums, but how does that impact their wallets? ANZ data reveals some interesting insights.
07 May 2024
BEHIND THE NUMBERS: An international advantage
Simon Ireland | Managing Director, ANZ International
From a risky, lower-return business, ANZ’s International business has been transformed – and provided the bank with a crucial point of difference in the process.
07 May 2024
Faruqui: focused on shareholder returns
Brett Foley | Managing Editor, bluenotes
ANZ CFO Farhan Faruqui outlines the financials for the first half and explains what productivity and transformation means for shareholder returns.
07 May 2024
Elliott: boosting investment for growth
Brett Foley | Managing Editor, bluenotes
ANZ CEO Shayne Elliott says despite inflation’s impact across the economy, the bank’s transformation and diversification saw it deliver a strong first half result.
02 May 2024
In Charts: Inflation drivers for 2024
Catherine Birch | Senior Economist, ANZ
Rate cuts later this year are possible but dependant on the easing of domestic price pressures
01 May 2024
Searching for the good oil
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
Australians love olive oil, but prices are skyrocketing. How will this impact the nation’s dinner tables?
29 Apr 2024
Silver mining playbook
Daniel Hynes & Soni Kumari | Senior Commodity Strategist & CAIA Commodity Strategist, ANZ
The silver market is structurally undersupplied and industrial demand is up. Will silver finally outpace gold this year?
24 Apr 2024
Tackling the rental crisis
Jeff Whalley | Senior Journalist, ANZ
How does Australia unravel the rental crisis? ANZ’s expert panel examined factors – such as supply, alleviating skills shortages and productivity – that could bring change.
22 Apr 2024
Searching for the right housing formula
Richard Yetsenga | Chief Economist, ANZ
Most focus falls on supply issues in the housing affordability debate – but a broader view on the use of existing stock has the potential to be more effective.
16 Apr 2024
Inflation heading for a soft landing
Richard Yetsenga | Chief Economist, ANZ
To avoid recessions, economists want global inflation to slow at a conservative pace. But atypical economic movements leaves the outlook uncertain.
10 Apr 2024
Election season in Asia
Bansi Madhavani | Senior Economist, ANZ
Powerhouse economies India and South Korea face elections. What does this mean for their economic growth and for the region?
27 Mar 2024
Eggonomics: the hidden cost of Easter
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
How will the astronomical price of cocoa – the main ingredient in chocolate – impact your sweet tooth this Easter?
26 Mar 2024
Why Australians love pre-loved property
Shannon McMahon | Managing Director, Home Loans, ANZ
With sales of existing homes dominating Australian housing transactions, the decisions made by existing owners - upgrading, renovating or staying put – can have a huge impact on the market.
14 Mar 2024
Steaks are high
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
We obsess over the price of red meat, but what factors impact the relationship between cattle prices and what we pay at the butcher?
05 Mar 2024
IWD 2024: A retrospective list
Tenielle Rolfe | Inclusion Program Manager, ANZ
Fostering diversity is more than an annual commitment. This selection of stories celebrates the efforts for and by women from all walks of life from within and outside ANZ.
21 Feb 2024
Taking a responsible approach to investing
Helen Skinner | Head of Responsible Investment, ANZ New Zealand Investments Limited
Getting responsible investing right is often a dialogue. This is how to get the conversation started.
19 Feb 2024
The euro has weathered the economic storm
Brian Martin | Senior International Economist, ANZ
This year marks the 25th year of the European Union’s currency. Has it aged like a fine French wine? Or is it hitting a quarter-life crisis?
13 Feb 2024
Tightening the belt on fashion
Adelaide Timbrell & Madeline Dunk | Senior Economist & Economist, ANZ
The normal post-holidays spending lull is back, but ANZ data also shows weaker spending on non-food retail such as electronics and fashion.
12 Feb 2024
What’s love got to do with it?
Sweta Mehra | Managing Director, Everyday Banking, ANZ
How have we changed our Valentines spending habits since Covid lockdowns? New ANZ data reveals how some of us celebrate romance.
08 Feb 2024
India: Embracing potential
Dhiraj Nim & Sanjay Mathur | Foreign Exchange Strategist & Chief Economist Southeast Asia + India, ANZ
India’s budget chose prudence over populism, embracing the nation’s newfound economic potential. Here are the top five takeaways.
24 Jan 2024
From volatility comes market opportunity
Lakshman Anantakrishnan | Chief Investment Officer, ANZ Private
With no shortage of potentially volatile events, 2024 could also provide no shortage of opportunities.
11 Dec 2023
In Charts: Australia’s Black Friday spending splash
Adelaide Timbrell & Madeline Dunk | Senior Economist & Economist, ANZ
Australians upped their Black Friday spending – but what did they splash out on? And what was the popular category they spent less on this year?
05 Dec 2023
A strong legacy and bright future in Vietnam
Shayne Elliott | Chief Executive Officer, ANZ
Vietnam is on the precipice of its global economic moment. For 30 years ANZ has backed this growth and the relationship is set to strengthen.
20 Nov 2023
Solutions for social and affordable housing
Kevin Corbally | Chief Risk Officer, ANZ
Australia needs to boost supply of housing for its most needy, ANZ is helping deliver some new and innovative solutions.
13 Nov 2023
Elliott: record result driven by all divisions
Brett Foley | Managing Editor, bluenotes
ANZ delivered its highest ever revenue and cash profit amid a record full year result for 2023, driven by consistent performances across all divisions.
13 Nov 2023
FULL COVERAGE: ANZ’s 2023 full year result
All the details of ANZ’s 2023 full year result and one easy-to-read infographic.
13 Nov 2023
Faruqui: diversified revenue delivers amid volatility
Brett Foley | Managing Editor, bluenotes
ANZ’s Chief Financial Officer says the bank’s investment in diversified income streams paid off in a year of global uncertainty and volatility.
23 Oct 2023
From Australia to the world
Mark Whelan | Group Executive Institutional, ANZ
How can Australia reduce frictions in trade flows so the entire economy can benefit from a new era of trade?
16 Oct 2023
Delicate touchdown?
Adam Boyton | Head of Australian Economics, ANZ
The Australian economic runway seems prepared for a soft landing – what can go wrong from here?
13 Oct 2023
In Charts: consumer confidence lifts to seven-month high
Adelaide Timbrell & Arindam Chakraborty | Senior Economist, ANZ & Economist, ANZ Institutional
The ANZ-Roy Morgan Australian Consumer Confidence index is trending up. Consumer confidence rose 1.9 points last week amid continued reports of cost of living pressures.
09 Oct 2023
A most unusual year for investors
Lakshman Anantakrishnan | Chief Investment Officer, ANZ Private
Is this time different? Will rate hikes not quell investor appetites? Maybe, but things could also be playing out to a timeline investors aren’t used to.
26 Sep 2023
The business of risk and worry
Kevin Corbally | Chief Risk Officer, ANZ
As ANZ’s Chief Risk Officer it is Kevin Corbally’s job to worry, but what he worries about might not be what you think.
16 Aug 2023
El Niño: impacting the regional food bowl?
Krystal Tan | Asia Economist, ANZ
El Niño is underway, and while it impacts Southeast Asian and Indian agriculture it also turns up the heat on food imports and inflation. How do nations navigate this?
15 Aug 2023
New Zealand pushes through adversity
Brett Foley | Managing Editor, bluenotes
Inflation. Recession. Natural disasters. How can we deal effectively with emerging challenges? Look to New Zealand.
02 Aug 2023
Barbenheimer: the movies and the RBA
Jeff Whalley | Senior Journalist, ANZ
Barbenheimer is making headlines, but so is the Reserve Bank's tightening. It creates an interesting picture of Australian spending.
01 Aug 2023
A recession by degrees
Richard Yetsenga | Chief Economist, ANZ
Not all recessions are equal. And Australia, with its increasingly cautious consumers and investors, is well positioned to weather any economic ructions.
17 Jul 2023
Is the RBA done with interest hikes?
Adam Boyton | Head of Australian Economics, ANZ
There’s still a chance the Reserve Bank of Australia could lift interest rates in August. However the case for an extended pause on further increases is growing.
12 Jul 2023
Coffee-nomics
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
Is the cost-of-living crisis even whacking the cost of your morning coffee? From the global cost of coffee beans to paying rent in a groovy neighbourhood – the prices of what brings the Magic to your morning are volatile.
10 Jul 2023
Don’t confuse late with not coming
Lakshman Anantakrishnan | Chief Investment Officer, ANZ Private
We’ve dodged a recession – so far. Things could get ugly if it does come knocking on the back of further interest rate hikes.
07 Jul 2023
Paper tiger, hidden dragon?
Raymond Yeung | Chief Economist Greater China, ANZ
Is China on the brink of a Japan style “lost decade”, or is the powerful engine just idling?
29 Jun 2023
Rates down, profits down? Not as such. Rates up, profits up…?
Andrew Cornell | Past Managing Editor, bluenotes
Market wisdom has it banks profit when interest rates rise. Is there more to this story than simply margin inflation?
27 Jun 2023
Interest rates are still rising. So is inflation
Adelaide Timbrell | Senior Economist, ANZ
How is productivity impacting inflation and how far will the RBA have to hike?
07 Jun 2023
Household debt growth: not on the cards
Mike Ebstein | Director, MWE Consulting
Australians are said to be saddled with debt, but what sort of debt is it? While housing finance debt continues to grow, personal debt is another story.
30 May 2023
India – what’s all the excitement about?
Rufus Pinto | Country Head, India, ANZ Institutional
India has a remarkable history and story unlike any other. As it becomes the world’s most populous nation, it’s greatest chapter may still to be written.
29 May 2023
PODCAST: solving the rental crisis
Felicity Emmett | Senior Economist, ANZ
Australians who rent are facing the worst affordability in almost a decade. How did we get in this situation and where do we go from here?
29 May 2023
In pictures: How is rent tracking
Felicity Emmett & Eliza Owen | Senior Economist, ANZ & Head of Australian Research, CoreLogic
Renters are the focus of the ANZ CoreLogic 2023 housing affordability report.
18 May 2023
Banking Crises: size doesn’t matter
Andrew Cornell | Past Managing Editor, bluenotes
Maintaining a vigilant and adaptable regulatory framework is essential as we enter a world where bank runs can be nearly instantaneous and small banks can have big repercussions.
14 Apr 2023
The more things change, the more they stay the same
Lakshman Anantakrishnan | Chief Investment Officer, ANZ Private
Banking crises and financial stability are dominating headlines, following the sharpest rate tightening cycle in decades. Despite the calamity, inflation remains the key issue for policy makers.
05 Apr 2023
Japan and Australia: partners in decarbonisation and energy security
Ian Williams, Damien Roberts and Edward Watson | Senior Adviser, Partner & Solicitor, Herbert Smith Freehills
Japan and Australia’s already strong relationship has undergone a “step-change” in the past 18 months. They are now becoming trusted partners in decarbonisation and energy security.
28 Mar 2023
Infographic: Queensland – the state of the future
Camila Salazar | Content Producer, ANZ
Queensland has the opportunity to accelerate its already strong economic growth. Targeted investment can capitalise on a new economy.
28 Mar 2023
Elliott: Queensland's road to greater prosperity
Shayne Elliott | Chief Executive Officer, ANZ
Strategic investment and focus on emerging sectors can bring the Sunshine State additional economic growth.
28 Mar 2023
Economic report: The future of Queensland’s economy
Gene Tunny | Director Adept Economics
Queensland has a great opportunity to accelerate its very strong economic growth. Download the full Queensland: Future state report by Adept Economics.
28 Mar 2023
Queensland: robust growth over the long-term, now and in the future
Gene Tunny | Director Adept Economics
15 Mar 2023
When the liquidity tide goes out – gradually, then suddenly
Andrew Cornell | Past Managing Editor, bluenotes
09 Mar 2023
India arrives at a new dawn
Shayne Elliott | Chief Executive Officer, ANZ
Predictions of India’s economic ascendency have abounded for years – and it may be about to fulfill that promise.
06 Mar 2023
The orange bond: investing in women
Shane White | Content Manager, Institutional, ANZ
The orange bond helps investors support underserved sections of the economy – like supporting women towards more sustainable and climate-resistant livelihoods.
01 Mar 2023
Inflationary risks from Cyclone Gabrielle’s misery
Sharon Zollner | Chief Economist New Zealand, ANZ
The impacts of Cyclone Gabrielle in New Zealand are stacking up. They could propel inflation.
28 Feb 2023
Will the fixed rate roll-off cause a recession or will low unemployment save the day?
Adelaide Timbrell | Senior Economist, ANZ
Higher interest rates mean mortgages are more expensive; many fear a recession. But the low unemployment rate and strong demand for workers brings hope to economists.
20 Feb 2023
Trading up: behind ANZ’s Asia transformation
Farhan Faruqui | CFO, ANZ
The Asian century is here, being a part of it should not be in the too-hard basket
13 Feb 2023
New Zealand Outlook: Brake Point
Miles Workman | Senior NZ Economist, ANZ
Recession looms in New Zealand as inflation crackdown bites.
10 Feb 2023
China reopens; Australia wins
Felicity Emmett, Raymond Yeung, Adelaide Timbrell & Madeline Dunk | Senior Economist, Chief Economist, Senior Economist, Economist, ANZ
China’s move past COVID lockdowns is good news for the Australian economy
09 Feb 2023
India: already risen and rising
Richard Yetsenga | Chief Economist, ANZ
With a GDP per capita of USD2,500, ranking 185th in the world, India’s growing economic scale is something to watch.
07 Feb 2023
Nickel may need time to recharge its batteries
Daniel Hynes, Soni Kumari & Dhiraj Nim | Senior Commodities Analyst, Commodities Strategist & Economist/FX Strategist, ANZ
A tight nickel market and high prices have induced a supply response from miners. That could lead prices lower if the electric vehicle market fails to deliver on lofty goals.
30 Jan 2023
Debt restructuring on the horizon
Michael Hughes & Ron Forster | Partners, MinterEllison
2023 and risky global economic conditions may raise economic pressures in many sectors. Companies with fragile balance sheets can face financial challenges. Debt restructuring is likely.
23 Jan 2023
The recovery the world needs
Richard Yetsenga | Chief Economist, ANZ
China will be reopening as the world economy slows and its signs of recovery provide further insurance against a global recession.
20 Jan 2023
Remaining nimble: Challenging outlook with opportunities ahead
Lakshman Anantakrishnan | Chief Investment Officer, ANZ Private
There’s likely to be no shortage of challenges for the global economy and markets in 2023. But those challenges should bring opportunities for patient investors who know where to look.
17 Jan 2023
Year of the Rabbit: China’s policy rebalancing
Raymond Yeung 杨宇霆 & Zhaopeng Xing 邢兆鹏 | Chief Economist, Greater China & is Senior China Strategist, ANZ Institutional
China’s policy makers are prioritising rapid growth in the private sector but not without some challenges that might slow growth down.
13 Jan 2023
Soft landing for inflation? A hard ask
Shane White | Content Manager, Institutional, ANZ
ANZ chief economist Richard Yetsenga and former NZ Prime Minister John Key dissect the outlook for inflation.
29 Nov 2022
ANZ Stateometer: Economic stability across the states, QLD momentum up
Bansi Madhavani | Senior Economist, ANZ
Economy stable as NT slows and Queensland accelerates, regional resilience.
15 Nov 2022
NZ Economic Outlook: coming in to land
Miles Workman & Sharon Zollner | Senior Economist & Chief Economist, ANZ
Economic growth poised to slow as monetary tightening weighs on domestic demand. GDP to benefit from the return of international tourism and weaker demand for imports. Avoiding recession remains a line ball call.
14 Nov 2022
Queensland’s perfect storm of growth
Shane White | Content Manager, Institutional, ANZ
The economic opportunity in Queensland is significant but it comes with challenges.
10 Nov 2022
Investing in childcare—and boosting women’s participation in the workforce
Cindy Arthur and Brendan Rinaldi | Head of Health, ANZ Australia Commercial & Head of Health, ANZ Institutional.
Government reforms to increase access to childcare can boost womens’ participation in the workforce.
09 Nov 2022
The end of the world as we know it
Andrew Cornell | Past Managing Editor, bluenotes
Globalisation is in retreat, the environment is besieged, wealth disparity is growing. It’s not the fault of capitalism but those who promote liberal, open economies must take notice.
04 Nov 2022
Australian wages growth measures tell different stories. What’s going on?
Catherine Birch | Senior Economist, ANZ
As Australians struggle with inflation and the cost of living, not everyone is benefitting from higher average earnings.
26 Oct 2022
Budget 2022: the flow-on effects for business
Jenefer Stewart | General Manager Business Banking, ANZ
Budget 2022: the flow-on effects for businessSmall businesses can expect more consistent spending if the Budget helps curb the inflationary pressures affecting households, ANZ General Manager Business, Banking Jenefer Stewart explains.
26 Oct 2022
YETSENGA: Budget 2022, reframing the narrative
Richard Yetsenga | Chief Economist, ANZ
ANZ Chief Economist explains how the ALP government has taken advantage of its first Budget to reset the parameters, the narrative and the framework of Australia’s economic story.
26 Oct 2022
BUDGET HIGHLIGHTS: key priorities at a glance
David Plank | Head of Australian Economics at ANZ
Families, health, housing and the environment – find the highlights of this year’s Budget in this easy-to-read infographic.
06 Oct 2022
Budget 2022: of spillovers & slowdowns
Adelaide Timbrell & Madeline Dunk | Senior Economist & Economist, ANZ
Structural pressures and a slowdown in growth are expected to keep Australia’s budget in deficit.
05 Oct 2022
Talent doesn’t want a war they want value
Rita Newman | Group General Manager, Joiners and Movers, ANZ
Companies must invest more than ever in attracting and retaining staff as workplaces continue to evolve after the COVID-19 pandemic.
26 Aug 2022
Economic shorts: Inflation insights
Catherine Birch | Senior Economist, ANZ
Strong demand and supply constraints are key drivers of inflation in Australia
25 Aug 2022
PODCAST: twin threats for global commodities markets
Brett Foley | Managing Editor, bluenotes
Inflation and conflict have roiled commodity markets. What does it mean for investors? ANZ’s commodities strategist Daniel Hynes explains.
18 Aug 2022
Buying power not cost pressure to hit housing
Adelaide Timbrell | Senior Economist, ANZ
House prices are forecasted to drop 15 to 20 per cent due to higher interest rates cutting back borrowing power.
09 Aug 2022
New Zealand’s economy: on the edge
Miles Workman | Senior NZ Economist, ANZ
As central banks grapple with inflation and labour shortfalls, New Zealand’s economy will be hoping for a boost from exports and unemployment
05 Aug 2022
Economic shorts: The Labour Force Redeploys
Catherine Birch | Senior Economist, ANZ
While inflation is on the rise a strong labour market may insulate the Australian economy from a sharp deterioration.
04 Aug 2022
Higher Rates and inflation: ending Australia’s decade in the economic doldrums
Richard Yetsenga | Chief Economist, ANZ
With the Reserve Bank of Australia hiking interest rates, how much of those increases will be permanent?
22 Jul 2022
The checkout: tracking Aussie food prices
Madeleine Swan | Director of FBA Insights, ANZ
Australian food bills have increased by more than many other developed countries because of the country’s status as a major food exporter to booming Asian economies.
20 Jul 2022
The cash rate’s balancing act
David Plank | Head of Australian Economics at ANZ
ANZ Research has revised forecasts for Australia’s benchmark interest rate to reflect strong labour market momentum and clear upside risks to inflation.
11 Jul 2022
Ferguson: murky economics to be ongoing
Shane White | Content Manager, Institutional, ANZ
Hopes for a quick resolution to conditions battering global markets may be misplaced, according to author and historian Niall Ferguson.
08 Jul 2022
Aus economy: strong spending at sales, cinemas
Madeline Dunk & David Plank | Economist & Head of Australian Economics, ANZ
End of financial year sales and big-ticket movies drove a solid month of spending in June despite cost of living pressures continuing to bite.
07 Jul 2022
China economy: a gradual shift, more suddenly
Richard Yetsenga | Chief Economist, ANZ
Structural economic shifts in China may have fundamental and far-reaching implications for the population.
06 Jul 2022
Export bans a bump in the road for agri
Michael Whitehead & Natasha Kemp | Head of FBA Insights & Acting Head of FBA, ANZ Institutional
A growing number of agricultural export bans are creating complications for growers. But will the bans have their intended impact?
05 Jul 2022
IN CHARTS: taking pride in participation
Adelaide Timbrell, Bansi Madhavani & Siddhant Kalra | Senior Economists & Senior Research Analyst, ANZ
The growing availability of data sharing insights into diverse communities can help paint a picture of economic contribution.
20 Jun 2022
Economic shorts: a new era of wages, labour
Catherine Birch | Senior Economist, ANZ
As the cost of living continues to bite, will wages be able to keep up in a very tight labour market? And what about inflation?
17 Jun 2022
The economic opportunity as Fiji recovers
Rabih Yazbek | Country Head for Fiji, ANZ
Fiji’s tourism industry was devastated by COVID-19 travel bans but the Pacific nation is finding new ways to thrive.
17 Jun 2022
Patching up after a crisis
Victoria Kanevsky | Contributing editor, BlueNotes
COVID-related lockdowns in Fiji could have left one manufacturing business with nothing. Ongoing support helped with their recovery.
07 Jun 2022
Yetsenga: data lessons from Warhol to the Wisdom of Crowds to Winning Friends
Richard Yetsenga | Chief Economist, ANZ
ANZ Chief Economist outlines his eight guidelines for working with data – from David Beckham to a can of Coke.
31 May 2022
Singapore: cost of living bites
Khoon Goh | Head of Asia Research, ANZ
Global economic shifts can sometimes be felt in seemingly minor ways – such as the price of a chicken rice set.
27 May 2022
Playing catch up on wage growth
Catherine Birch | Senior Economist, ANZ
A solid nominal increase to wages is needed for workers to keep pace with inflation and the rising cost of living.
26 May 2022
IN CHARTS: construction delays don’t impact demand
Adelaide Timbrell | Senior Economist, ANZ
Australia’s construction industry fell behind in the first quarter of 2022. But it wasn’t from a lack of demand.
20 May 2022
Kiwi economy: tougher times ahead?
Miles Workman | Senior NZ Economist, ANZ
New Zealand, like many nations globally, is facing into a very different economic environment for the remainder of 2022 and beyond.
16 May 2022
A berry good outlook for Aus growers
Madeleine Swan | Director of FBA Insights, ANZ
Solid growth in domestic consumption and increased production capacity will bear fruit for Australia’s berry industry.
13 May 2022
Aus housing: rising rates may soften market
Felicity Emmett | Senior Economist, ANZ
Will rising interest rates slow the growth of house prices in Australia? New data show the dream of home ownership may still be out of reach for many.
12 May 2022
IN CHARTS: is renting out of reach in regional Australia?
Eliza Owen | Head of Research Australia, CoreLogic
The latest ANZ CoreLogic Housing Affordability Report shows record low rental affordability in regional Australia where rents can be greater than the cost of servicing a mortgage.
02 May 2022
Economic shorts: watching rates, inflation
Adelaide Timbrell & Catherine Birch | Senior Economists, ANZ
There is a lot of focus on inflation and cash rates in Australia today – and there will be more. But what happens when they move and how does it impact the economy?
29 Apr 2022
Aus agri: expanding relationships in India
Mark Bennett & Michael Whitehead | Head of Aus Agribusiness and Head of FBA Insights, ANZ
The newly signed free trade agreement between Australia and India will create opportunities for growth in parts of the local agri industry.
28 Apr 2022
China economy: growing pains avoided. For now
Betty Wang, Zhaopeng Xing & Raymond Yeung | Senior China Economist, Senior China Strategist & Chief Economist China, ANZ
Ongoing support measure are critical to address underlying growth issues in China despite recent better-than-expected data.
27 Apr 2022
Super cycling to a sustainable future
Andrew Cornell | Past Managing Editor, bluenotes
The worlds next super-cycle is inevitable. And it will require an innovation and funding super-cycle as fuel.
26 Apr 2022
The co-located future of the CBD
Tony Jansz | Director. Clarence Professional Offices
The COVID-19 pandemic has dramatically changed the purpose of office-based work. Could co-working spaces be the future?
22 Apr 2022
Aus economy: hopping into recovery mode
Adelaide Timbrell | Senior Economist, ANZ
Spending on and interest in travel for the Easter school holidays spiked as Aussies looked forward to enjoying a restriction-free break.
19 Apr 2022
Supplying a more automated future
Shane White | Content Manager, Institutional, ANZ
Transparent, data-driven and automated supply chains will create opportunity and optimism in the future.
14 Apr 2022
The Vault: gold still a geopolitical safe haven
Daniel Hynes, Soni Kumari & Dhiraj Nim | Senior Commodities Analyst, Commodities Strategist & Economist/FX Strategist, ANZ
In the midst of twin crises - pandemic and war - gold remains a good hedge against uncertainty
13 Apr 2022
Financial wellbeing: on the mend but long COVID concerns
Natalie Paine | Social Impact Research and Reporting Lead, ANZ
The ongoing uncertainty of the COVID-19 pandemic is impacting young Australians’ financial wellbeing and their mental health.
12 Apr 2022
Fiji economy: changing gears
Kishti Sen | Pacific Economist, ANZ
The Fijian economy looks set to remain in good shape in 2022 but upstream price pressures such as higher import and unit labour costs are a risk.
08 Apr 2022
India’s central bank buys into digital
Sanjay Mathur & Dhiraj Nim | Chief Economist Southeast Asia & India / Economist & FX Strategist, ANZ
India’s central bank digital currency – the e-Rupee - is slated to make its debut. What are the benefits of an official digital currency and how does it differ from the world of cryptocurrencies?
07 Apr 2022
Road transport: wheels keep turning
Tim Suffield & Dean Evagorou | is Director and Associate Director of Client Insights, ANZ
Australia’s road transport industry is heading uphill in the future. But growth can still accelerate.
30 Mar 2022
Budget 2022-23: feeling the pinch
Adelaide Timbrell | Senior Economist, ANZ
As the cost of living continues to grow, will spending take a hit? Read through the measures promising to take pressure off wallets.
30 Mar 2022
Budget 2022-23: in pictures
David Plank | Head of Australian Economics at ANZ
Sort through the key announcements from the 2022-23 Australian Federal Budget in this easy-to-read infographic.
29 Mar 2022
Budget 2022-23: at a glance
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
Read through ANZ Research’s reaction to the Government’s plan to support the recovery in an election year.
29 Mar 2022
Budget 2022-23: wins for business
Jenefer Stewart | General Manager Business Banking, ANZ
After a hard few years of restrictions and recovery, business owners can look forward to some support from the Budget.
29 Mar 2022
Budget 2022-23: tightening policy to transition sustainably
Richard Yetsenga | Chief Economist, ANZ
ANZ Chief Economist outlines the aspects of the Budget which caught his eye. And what this means for the shape of the nation.
29 Mar 2022
Budget 2022-23: full coverage
bluenotes contributors |
ANZ has full coverage, analysis and opinion on the release of the 2022-23 Australian Federal Budget and what this means for individual, businesses – big and small – and the economy.
17 Mar 2022
China’s geopolitical balancing act
Betty Wang | Senior China Economist, ANZ
The devastating ongoing Russia-Ukraine conflict will have an impact on China’s external trade flows.
11 Mar 2022
Businesses push through to “new normal”
Jeffery Schrale | Regional Executive for Far North Queensland, ANZ
Business owners have spent the last two years adapting and readapting to changes from COVID-19. Now it’s time to focus on recovery even as times remain challenging.
10 Mar 2022
IN CHARTS: locking down Australian emissions
Catherine Birch | Senior Economist, ANZ
Lockdowns across Australia’s eastern states in Q3 2021 led to a fall in greenhouse gas emissions for the quarter.
08 Mar 2022
IWD 2022: does a rising tide lift all boats?
Richard Yetsenga | Chief Economist, ANZ
Australia is, stubbornly, still a long way from equality. Enabling female opportunity and participation is one way to improve outcomes.
03 Mar 2022
Monitoring the economic damage of crisis
Richard Yetsenga | Chief Economist, ANZ
The ongoing conflict in Ukraine shouldn’t have a major global economic impact outside of Europe. For now.
02 Mar 2022
Budget 2022-23: economic outlook continues to improve
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
With a federal election around the corner, it’s unlikely the upcoming 2022-23 Budget will see a shift towards fiscal repair.
28 Feb 2022
Balancing the outlook for agriculture
Mark Bennett & Michael Whitehead | Head of Aus Agribusiness and Head of FBA Insights, ANZ
While prices for agri commodities may start to level after some of the extraordinary peaks of 2021, they remain historically very high across the board.
25 Feb 2022
Aus economy: recovering and reopening
Bansi Madhavani | Senior Economist, ANZ
The economic outlook for 2022 is very positive despite momentum hitting a speed bump in the final quarter of last year.
18 Feb 2022
Aus housing: a soft landing
Felicity Emmett & Adelaide Timbrell | Senior Economists, ANZ
After record annual gains, Australia’s housing market is coming off the boil. Expect prices to fall modestly in 2023.
14 Feb 2022
Aus infrastructure: blueprints need review
Catherine Birch | Senior Economist, ANZ
Construction in Australia’s infrastructure sector coped okay through lockdowns but there’s much work to be done to meet lofty targets.
09 Feb 2022
The investment case for net zero carbon
Andrew Cornell | Past Managing Editor, bluenotes
Trillions of dollars will be needed to even rein in carbon emissions – and that’s more an opportunity than a cost.
07 Feb 2022
IN CHARTS: building back the housing market
Adelaide Timbrell | Senior Economist, ANZ
Australia’s housing market finished off 2022 with a bang in both lending rates and building approvals.
03 Feb 2022
LONGREAD: what’s driving the carbon price in New Zealand?
Susan Kilsby | Agricultural Economist, ANZ New Zealand
Agreements reached at COP-26 paved the way for a global carbon market to develop. What does this mean for prices in NZ?
01 Feb 2022
Does economic prosperity await the Year of the Tiger?
Raymond Yeung, Betty Wang & Zhaopeng Xing | Chief Economist, Greater China, Senior China Economist, Greater China, and China Markets Economist at ANZ
What can be expected of China’s economic outlook in the Year of the Tiger?
31 Jan 2022
Season looking good for food, beverage and agribiz
Ian Hanrahan | Head of FBA Australia, ANZ
The food, beverage and agribusiness sectors must prepare for a number of remaining challenges in 2022. But opportunities are there for those who prepare well.
21 Jan 2022
LONGREAD: inflation costs us all but some more than others
Finn Robinson & Sharon Zollner | Economist & Chief Economist NZ at ANZ
With inflation running at increasingly high levels, low-income Kiwis are really starting to feel the pinch.
19 Jan 2022
Spending data: Omicron malaise lingers
Adelaide Timbrell | Senior Economist, ANZ
ANZ-observed spending highlights ongoing consumer caution as Omicron infections continue to surge.
07 Dec 2021
Post-pandemic financial security: a way to go
Dr Emily Porter | ANZ Tony Nicholson Research Fellow
COVID-related financial supplements created short-term relief for vulnerable Australians. But their long-term financial wellbeing is still on rocky ground.
24 Nov 2021
Shareholders are stakeholders too
Andrew Cornell | Past Managing Editor, bluenotes
It’s not capitalism that is driving global warming and growing inequality, it’s the humans making the rules behind it. And they can change them.
23 Nov 2021
COP26: time to walk the talk
Richard Yetsenga | Chief Economist, ANZ
Businesses and governments may have formed a plan for a sustainable future at the recent COP26 conference. Now they need to deliver on the plan.
19 Nov 2021
Back in black: spending surges at sales
Adelaide Timbrell | Senior Economist, ANZ
American-style pre-Christmas sales are driving spending in Australia and encouraging a strong economic reopening.
11 Nov 2021
Tourism touches down in Fiji
Nathan Wilson | Head of Commercial Banking Fiji, ANZ
Following a highly successful vaccination campaign and stringent COVID-19 safety protocols, Fiji is ready to accept tourists once again and rebuild the economy.
04 Nov 2021
More than recycling: impacts of a more circular economy
Adelaide Timbrell & Catherine Birch | Senior Economists, ANZ
A transition to a more circular economy is necessary to significantly reduce environmental impact while still growing the economy and lifting living standards.
26 Oct 2021
IN CHARTS: Melbourne’s first stage of reopening
Adelaide Timbrell | Senior Economist, ANZ
Melbournians celebrated the first weekend out of lockdown with beauty services and dining out.
15 Oct 2021
PODCAST: how will housing market perform post-pandemic?
Michael Wake | General Manager for New South Wales and the ACT
COVID-19 created a unique type of recession. This is what it means for economic recovery and the fortunes of Australia’s housing market.
05 Oct 2021
Elliott: businesses prepared for re-opening but remain cautious
Shayne Elliott | Chief Executive Officer, ANZ
ANZ CEO Shayne Elliott says businesses have managed their cashflow and savings incredibly well through the pandemic. But uncertainty will remain for a bit longer.
30 Sep 2021
Aus property: sentiment resilient despite lockdowns
Felicity Emmett | Senior Economist, ANZ
Sentiment in Australia’s property market remains resilient with expectations of a strong economic rebound underpinning confidence.
22 Sep 2021
Major projects: back on tracks
Catherine Birch | Senior Economist, ANZ
Despite concerns about the Delta strain, confidence in Australia’s major projects pipeline is improving.
20 Sep 2021
A World of Networks: COVID-free Cook Islands ready for recovery
Shayne Elliott | Chief Executive Officer, ANZ
ANZ Cook Islands Country Head Bernadette Shaw says the small island nation’s tourism industry is ready and willing for visitors to return.
17 Sep 2021
Rewriting China’s economic glossary
Raymond Yeung | Chief Economist Greater China, ANZ
New economic linguistics in China have placed an emphasis on resource redistribution and interconnectedness.
31 Aug 2021
Aus housing: prices surge despite Delta dampener
Felicity Emmett & Adelaide Timbrell | Senior Economists, ANZ
House prices in Australia are expected to grow more than previously forecast despite ongoing restrictions and growing Delta variant cases.
26 Aug 2021
Stateometer: get locked down, get up again, get locked down…
Bansi Madhavani | Senior Economist, ANZ
Australia’s states and territories are in a strong position to weather the economic shock caused by COVID-19’s Delta variant.
19 Aug 2021
Supply chains: shifting sands
Bansi Madhavani | Senior Economist, ANZ
Diversified supply chains may have increased manufacturing in regions outside China. But it still dominates global trade.
17 Aug 2021
Pacific islands: economic outlook
Kishti Sen & Tom Kenny | International Economist & Senior International Economist, ANZ
It’s been a tough time for Pacific island communities and economic conditions remain a challenge for the rest of 2021.
09 Aug 2021
Southeast Asia: forecast less certain
Sanjay Mathur | Chief Economist Southeast Asia & India, ANZ
Ongoing COVID-19 infections and restrictions have dampened the forecasted recovery in Southeast Asia.
05 Aug 2021
Outlook splits across the ditch
Sharon Zollner & David Plank | NZ Chief Economist & Head of Aus Economics
An unusual gap between the Reserve Banks of Australia and New Zealand is starting to grow.
03 Aug 2021
All lockdowns are not created equal
David Plank & Felicity Emmett | Head of Australian Economics & Senior Economist, ANZ
Recent experience has shown consumer confidence quickly recovers from snap lockdowns but what about extended lockdowns?
29 Jul 2021
China policy: shifting the spotlight from tech
Richard Yetsenga | Chief Economist, ANZ
Policy shifts in China appear to be pulling away from ‘barbaric growth’ in the technology sector.
28 Jul 2021
Putting pressure on monetary policy
Shane White | Content Manager, Institutional, ANZ
The ongoing COVID-19 pandemic has shone a spotlight on old-school monetary policies and whether they can survive in a modern economy.
23 Jul 2021
State of origin: spending rocked by lockdown
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
Spending in Victoria may have dropped further in lockdown but Sydney’s levels are more at risk.
20 Jul 2021
Aus farmland brimming at the highs
Mark Bennett | Head of Aus Agribusiness, ANZ
Australian farmland prices have been surging as commodity prices go from strength-to-strength and demand remains high.
19 Jul 2021
A World of Networks: US vital to future interests
Shayne Elliott | Chief Executive Officer, ANZ
ANZ US Country Head Paul Goodwin says the bank’s support for customers through the pandemic has created stronger relationships.
13 Jul 2021
Embrace new-age competencies, capture opportunity
Elias Ghanem & Li Cheng | VP Global Head of Market Intelligence Fin Services & Senior Director Fin Services A&NZ, Capgemini
Wealth management firms looking to succeed must invest in digital offerings and a more diverse set of advisors.
09 Jul 2021
Long-term digital adoption – not so weird
Alan Shields | Chief Data Officer, RFi Group
Western, educated, industrialised, rich and democratic economies are leading the push for digital banking trends to stick around in the future.
29 Jun 2021
Vaccines an injection of hope for Pacific
Kishti Sen & Tom Kenny | International Economist & Senior International Economist, ANZ
A strong rollout of COVID-19 vaccinations in the Pacific is paving the way for economic recovery.
28 Jun 2021
IN CHARTS: regional towns coping well
Catherine Birch & Adelaide Timbrell | Senior Economist & Economist, ANZ
Australia’s regions have been more resilient against impacts from the pandemic than capital cities.
18 Jun 2021
You’re hired: Aus employment back in full swing
Catherine Birch | Senior Economist, ANZ
After a rocky year (and more), the unemployment rate in Australia has returned to pre-pandemic levels.
11 Jun 2021
Evolving Australia’s medical workforce
Prof Anthony Scott | Health & Healthcare theme lead, The Melbourne Institute
Australia’s healthcare system must learn from 2020 in order to provide for the population’s needs.
10 Jun 2021
New Zealand: operating at full steam
Susan Kilsby & Sharon Zollner | NZ Agriculture Economist and NZ Chief Economist at ANZ
Although the road ahead is still highly uncertain, the Kiwi economy is recovering well.
04 Jun 2021
Opportunity in Asia but Australia’s trade competitiveness a challenge
Bryan Clark | Director, International Chamber of Commerce Australia
Businesses and governments alike must focus on trade and diversification to engage and thrive internationally post-COVID.
03 Jun 2021
Aus economy: actually back in black
Felicity Emmett | Senior Economist, ANZ
After a stronger V-shaped recovery than expected, Australia’s economy is now hitting an expansion phase.
02 Jun 2021
Unravelling unlisted assets
Brian Ingham | Head of Portfolio Implementation – Private Banking & Advice, ANZ
Unlisted assets are no longer just an option for institutional investors as retail consumers work through the benefits and risks.
28 May 2021
IN CHARTS: salaries survive subsidy cliff
Adelaide Timbrell, Charlotte Heck-Parsch & David Plank | Economists & Head of Australian Economics, ANZ
Australian salary deposits were strong in April despite the end of the government’s JobKeeper wage subsidy.
25 May 2021
Aus retail: make plans while the sun shines
Tim Suffield | Director Client Insights & Solutions, ANZ Institutional
Australia’s retail sector performed very well through the pandemic. But businesses must have a clear growth strategy to maintain momentum.
24 May 2021
Foreign bank activity: healthy economic conditions
John Elias & Jeremy Blackshaw | Partner and Foreign Bank Tracker Lead Partner & International Managing Partner, MinterEllison
Confidence in Australia’s economy as an attractive investment destination is clear in foreign bank activity data.
20 May 2021
Stateometer: greater momentum
Bansi Madhavani, Catherine Birch & Adelaide Timbrell | Senior Economists and Economist, ANZ
ANZ’s Stateometer shows economic momentum in Australia’s states and territories is building.
18 May 2021
Aus beef: lots at steak
Ian Hanrahan | Head of FBA Australia, ANZ
There’s good news for Australia’s cattle industry, even after a difficult year for some in the sector.
13 May 2021
The budget’s health check
Glen Fisher | Associate Director for Health, ANZ
The 2021-22 Budget was handed down in a largely post-pandemic environment where physical and mental health is in the spotlight.
12 May 2021
Budgeting for equality
Felicity Emmett | Senior Economist, ANZ
From an equity perspective, the 2021 Federal Budget has taken the right steps.
12 May 2021
VIDEO: the return of fiscal policy
Richard Yetsenga | Chief Economist, ANZ
Speaking on video, the ANZ Chief Economist says budget pushes the fiscal boundaries – and is right to do so.
12 May 2021
Budget 2021: full coverage
bluenotes contributors |
bluenotes presents comprehensive coverage of the 2021-22 Australian Federal Budget.
11 May 2021
A stimulatory budget
ANZ Research |
Budget shows strong commitment to spend until unemployment is below pre-COVID-19 levels.
07 May 2021
IN CHARTS: spending stable so far in post-JobKeeper economy
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
Spending across Australia’s economy remained stable even after the JobKeeper wage subsidy ended.
06 May 2021
Post-crisis investment evolves
Richard Yetsenga | Chief Economist, ANZ
The economic aftermath of the COVID-19 crisis looks very different to historical cycles.
28 Apr 2021
Australian Federal Budget: what to expect
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
A much stronger economic outlook for Australia is likely to see a sharp improvement in the fiscal position in the 2021-22 Federal Budget.
23 Apr 2021
Post-pandemic trade in Asia: cheer and concern
Dhiraj Nim & Sanjay Mathur | Foreign Exchange Strategist & Chief Economist Southeast Asia + India, ANZ
Are Asia’s financial markets adequately prepared for the eventual ‘re-opening trade’ of a post-COVID environment?
22 Apr 2021
High hopes for the hydrogen industry
John Hirjee | Executive Director Corporate Finance Institutional, ANZ
Australia can develop hydrogen into a new export commodity but there is increasing competition from other countries keen to grab a share of this potentially significant market.
19 Apr 2021
Australia-Japan investment pushes through roadblock
Ian Williams & Tatsuki Shiratsuchi | Senior Advisor & Solicitor, Herbert Smith Freehills
Unsurprisingly, Japanese investment in Australia took a hit in 2020. But the relationship remains as strong as ever.
19 Apr 2021
Asia’s tourism hopes slowly rise
Krystal Tan & Sanjay Mathur | Economist & Chief Economist Southeast Asia + India, ANZ
The tourism industry in Asia has been severely impacted by the pandemic. Can vaccination rollouts and travel bubbles kick-start the recovery?
16 Apr 2021
European Union’s green reality check
Khalil Hegarty, Kristen Bondietti & Jon Berry | Directors, ITS Global
Regulation around positive environmental outcomes is key to the European Union’s new trade agreement focus.
14 Apr 2021
Hope still remains for India's economic recovery
Rini Sen | Economist - India, ANZ
In the midst of a major second wave of infections, India’s economy is actually holding up better than expected.
14 Apr 2021
Investor confidence renewed in renewables
Simon Scott & Joel Reid | Partner and Head of Energy + Resources Group & Energy Group Partner, MinterEllison
Despite local challenges, market sentiment for the Australian renewables sector is improving.
12 Apr 2021
Saying g’day, kia ora to bubble boost
Charlotte Heck-Parsch & Felicity Emmett | Economist & Senior Economist, ANZ
The commencement of the Australia-New Zealand travel bubble will bring benefits to both nation’s economies.
09 Apr 2021
The Pacific’s digital answer
Tessa Price | Regional Executive - Pacific Islands, ANZ
Digital banking is the answer to the Pacific’s geographic and under-banking challenges.
06 Apr 2021
Economic growth: full steam ahead
Richard Yetsenga | Chief Economist, ANZ
The economic cycle has powered through the recovery phase post-COVID and is now tracking steadily into expansion and growth.
01 Apr 2021
Improving outlook in institutional banking
Mark Whelan | Group Executive Institutional, ANZ
ANZ’s institutional bank has restructured and built on 150 years of trading in the Asia Pacific. Now economic growth is picking up, the bank is well placed to benefit.
30 Mar 2021
IN CHARTS: The divided states of COVID-19 in the US
Tom Kenny & Rini Sen | Senior International Economist and Economist, ANZ
Data and insights from ANZ Research show despite increased vaccinations across the US, daily cases of COVID-19 are edging up.
26 Mar 2021
Post-COVID house prices leave 2020 behind
Felicity Emmett & Adelaide Timbrell | Senior Economists, ANZ
Australia’s housing market has had a strong recovery following a modest 2020. But millennial buyers are being left behind.
12 Mar 2021
Vaccine rollout: Europe’s timeline lags
Brian Martin | Senior International Economist, ANZ
A slower-than-expected rollout of the COVID-19 vaccination in the European area will hold back economic recovery.
09 Mar 2021
Structural outlook for commercial property slows
Catherine Birch & Adelaide Timbrell | Senior Economist & Economist, ANZ
Ongoing COVID-related lockdowns appear to have disrupted the major office construction outlook.
08 Mar 2021
Uneven Results - The Economic Impacts of COVID-19 on Women
Liz Kendall | Senior New Zealand Economist at ANZ
The COVID-19 pandemic has had uneven economic impacts on men and women.
08 Mar 2021
Opening up to gender blindness in economic policy
Richard Yetsenga | Chief Economist, ANZ
Through the COVID-19 recession, it was those with the least who have ended up losing the most. Specific economic policy is needed to recover.
05 Mar 2021
Australia’s soft power outage
Greg Earl | Writer, editor and consultant
New survey shows Australia has fallen in the global ranks for education, tourism - and COVID-19 assistance.
04 Mar 2021
Challenging the policy dial for equity
Bansi Madhavani | Senior Economist, ANZ
Economies looking to make a strong recovery post-COVID must take into account inclusive policies to enable gender equity.
03 Mar 2021
US-China relationship in need of reparation
Alan Mitchell | Columnist, bluenotes
The US-China trade tensions formed under the previous administration have not just suddenly disappeared under Biden.
02 Mar 2021
Vaccine progress: Mekong economies remain susceptible
Khoon Goh & Dhiraj Nim | Head of Asia Research & FX Analyst, ANZ
Although COVID-19 has been relatively contained in the Mekong region, vaccination lags will hold economies back from a full recovery.
25 Feb 2021
Stateometer: disparities in economic recovery
Bansi Madhavani, Catherine Birch & Adelaide Timbrell | Senior Economists and Economist, ANZ
Australia’s states and territories continue to rebuild from recession through the final quarter of 2020 but restrictions still pose risks.
15 Feb 2021
Major projects pipeline: cracks appear
Catherine Birch | Senior Economist, ANZ
Although spending on major projects is expected to rise dramatically over the next few years, pandemic-related uncertainty could slow progress.
01 Feb 2021
Border forces: mixed impact
Catherine Birch & Hayden Dimes | Senior Economist & Economist, ANZ
As the COVID-19 pandemic continues to infect the globe, ongoing international border closures are having both sector-specific and broader implications for the Australian economy.
01 Feb 2021
Pacific road to recovery requires regional solutions
Tessa Price & Kishti Sen | Regional Executive Pacific & International Pacific Economist, ANZ
Although the Pacific region avoided the COVID-19 health crisis it couldn’t dodge the economic crises. Support from Australia and New Zealand is critical for recovery.
25 Jan 2021
Asian economy looking brighter in 2021
Khoon Goh | Head of Asia Research, ANZ
After a long and challenging 2020, Asian economies will have a strong – albeit slightly uneven – rebound in the new year.
04 Dec 2020
Social housing: helping the vulnerable and the economy
Adelaide Timbrell, Felicity Emmett & Catherine Birch | Economist & Senior Economists, ANZ
Investing in social housing creates economic and social benefits for the broader community. But it changes the lives of the most vulnerable.
01 Dec 2020
Trade negotiations: which region has the best poker face?
Alan Mitchell | Columnist, bluenotes
A number of factors make Asia’s newest trading bloc different to those of the past. But China continues to hold the best hand.
26 Nov 2020
H to Go: fuelling a more sustainable future
John Hirjee | Executive Director Corporate Finance Institutional, ANZ
Australia is uniquely poised to lead the emerging market for hydrogen – energy from the world’s most abundant chemical element.
18 Nov 2020
Inspecting the 2021 housing market
Felicity Emmett & Adelaide Timbrell | Senior Economists, ANZ
Australia’s housing market fared better through the pandemic than expected and will make modest gains before a solid recovery in 2021.
17 Nov 2020
RCEP: signalling global trade
Khoon Goh | Head of Asia Research, ANZ
The Regional Comprehensive Economic Partnership Agreement has finally been signed. Almost a decade after it was first conceived.
11 Nov 2020
How capitalism can heal itself
Andrew Cornell | Past Managing Editor, bluenotes
In the aftermath of the US election, it’s time for major economies to think about how they approach – and measure – growth in a capitalist society.
09 Nov 2020
Return to normal programing – or growth - won’t solve equity problem
Richard Yetsenga | Chief Economist, ANZ
The United States may have a new President-elect but the challenges for equity and growth remain.
04 Nov 2020
Rebuilding after crisis
Catherine Birch | Senior Economist, ANZ
Spending on infrastructure will be a focus for all levels of government to encourage growth and jobs in a post-COVID economy.
30 Oct 2020
Treating an economic heart attack
James Culham | Executive Director, Institutional Portfolio Management, ANZ
A “Minsky moment” is occurring in economies where restricted cash flows are triggering a domino effect of missed payments.
21 Oct 2020
Credit contagion in a time of COVID-19
Andrew Cornell | Past Managing Editor, bluenotes
Are measures designed to support business through the crisis sandbagging the credit cycle?
19 Oct 2020
Aus business growth in Asia in the slow lane
Greg Earl | Writer, editor and consultant
The number of Australian-owned businesses operating in Asia has grown very little since 2003 - despite initiatives to encourage integration with the region.
16 Oct 2020
Where are the women?
Catherine Fox | Journalist and author
The essential economic value of women’s leadership remains misunderstood or, worse, has been ignored.
14 Oct 2020
Budget 2020: expected impact, in charts
Cherelle Murphy | Senior Economist, ANZ
Has the 2020-21 Australian Federal Budget gone far enough to encourage spending in a post-COVID economy?
13 Oct 2020
Spending survives fiscal cliff. For now…
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
New spending data shows the reductions in JobKeeper and JobSeeker aren’t hitting spending levels - yet.
09 Oct 2020
In charts: being COVID-free isn’t everything
Sharon Zollner | Chief Economist New Zealand, ANZ
New Zealand Chief Economist, Sharon Zollner provides the data on how the land of the long white cloud is making its way to a COVID normal.
06 Oct 2020
Budget 2020: full coverage
bluenotes contributors |
bluenotes presents comprehensive coverage of the 2020-21 Australian Federal Budget.
29 Sep 2020
Central Banks get cryptic
Andrew Cornell | Past Managing Editor, bluenotes
As global interest rates crater and COVID-19 recessions metastasise, central banks are being forced to re-evaluate their role in currency and money creation.
23 Sep 2020
Tracking a COVID-recovery
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
Recovery from a pandemic-related economic crisis, like the decline, could be more rapid than normal. Timely data is needed to track progress.
18 Sep 2020
LONGREAD: sustainable development the ASEAN way
Merriden Varrall | Director Australia Geopolitics Hub, KPMG
Are the principles and structures of the ASEAN Way holding the region back from making steps towards sustainable development?
17 Sep 2020
New stimulus drives strong recovery
Felicity Emmett & David Plank | Senior Economist & Head of Australian Economics, ANZ
Australia’s economy has weathered much of the COVID-induced storm - thanks to massive fiscal stimulus.
10 Sep 2020
ASEAN’s post-pandemic opportunity
Khoon Goh | Head of Asia Research, ANZ
ASEAN governments need better coordination and closer integration to thrive in a post-COVID world and avoid a long drawn recovery.
03 Sep 2020
Pandemic’s knock-on property effect
Mark Blum | CEO & Co-Founder, Cognian
The use of office spaces in a post-COVID world will have a huge impact on commercial property development and vacancies.
27 Aug 2020
Stateometer: point of contraction
Cherelle Murphy | Senior Economist, ANZ
The impact of the pandemic drove all of Australia’s states into a sharp contraction in the June quarter.
25 Aug 2020
Where goes Victoria, so goes Australia
Adelaide Timbrell & Hayden Dimes | Economists, ANZ
Although life has returned to relative normality in the other states and territories, Victoria’s ongoing restrictions are having a knock-on effect.
19 Aug 2020
INFOGRAPHIC: ANZ’s Q3 trading update
Melissa Currie | Creative Content Producer, bluenotes
All the details of ANZ’s Q3 trading update in an easy-to-read infographic.
19 Aug 2020
Elliott: bank is prepared, learning, adapting
Andrew Cornell | Past Managing Editor, bluenotes
ANZ CEO Shayne Elliott says the bank is focusing on its purpose to guide customers, community and shareholders through this stressful period.
11 Aug 2020
Aus employment struggles to beat the queue
Catherine Birch | Senior Economist, ANZ
Australian jobs are buckling under the weight of reintroduced restrictions and an ongoing lack of consumer confidence.
06 Aug 2020
Weighing up post-COVID reformation
Alan Mitchell | Columnist, bluenotes
The economic shock from the pandemic has impacted both supply and demand. Greater reforms must be investigated for the economy to fully recover.
29 Jul 2020
Kiwi data show a tentative return to a - post-COVID - normal
Sharon Zollner | Chief Economist New Zealand, ANZ
New Zealanders may be avoiding parks still but life is beginning to return to some sort of normal.
24 Jul 2020
Lockdown 2.0 slows spending gains
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
Although spending nationally has stabilised overall, the second lockdown period in Melbourne is leaving a mark.
22 Jul 2020
Addressing crises - acute and chronic
Andrew Cornell | Past Managing Editor, bluenotes
The link between the two most worrying crises of our times – COVID-19 and climate change – must be examined to successfully combat both.
20 Jul 2020
Rental ruptions: the winners and losers
Felicity Emmett & Eliza Owen | Senior Economist, ANZ & Head of Australian Research, CoreLogic
Rental markets across Australia are facing a record oversupply of stock as the impact of the pandemic takes hold – good news for some renters.
16 Jul 2020
Gov spending to revive Fiji
Kishti Sen & Tom Kenny | International Economist & Senior International Economist, ANZ
Fiji may have avoided the COVID-19 health crisis but it’s struggling with a severe economic crisis.
10 Jul 2020
Do hotspots tell story of Vic’s future spend?
Adelaide Timbrell & Catherine Birch | Senior Economists, ANZ
What impacts to Victoria’s economy can be determined from the hotspot suburbs which initially entered a second lockdown period?
07 Jul 2020
Agri wakes up to a new world
Madeleine Swan | Director of FBA Insights, ANZ
The global outlook for agriculture commodities is a bright light in the midst of gloomy pandemic-ridden economies.
03 Jul 2020
Elliott: learning from our experience in crisis
Shayne Elliott | Chief Executive Officer, ANZ
ANZ CEO reflects on the lessons he has learned in managing a major institution and its customers through a pandemic.
01 Jul 2020
LONGREAD: circling value in CO2
Sophia Hamblin Wang | COO, Mineral Carbonation International
Round and round goes the circular economy which will be integral to reaching the world’s climate change goals.
30 Jun 2020
Wages chill in COVID-19 conditions
Catherine Birch & Bansi Madhavani | Senior Economist & Economist, ANZ
Public and private sectors are responding to the economic downturn and the impact it is having on wage growth.
29 Jun 2020
Australia’s manufacturing future is not its past
Roy Green | Emeritus Professor, University of Technology Sydney
If the past is another country, the future of Australia’s economy after COVID-19 will be a different universe.
23 Jun 2020
INFOGRAPHIC: a snip off the old block
Melissa Currie | Creative Content Producer, bluenotes
Across Australia, data shows DIY is on the go with COVID-19 – even when it comes to haircuts.
22 Jun 2020
Whelan: how big business fought off COVID-19
Mark Whelan | Group Executive Institutional, ANZ
Big businesses learned from past crises to help brace against COVID-19 impacts, says ANZ Head of Institutional.
18 Jun 2020
Globalisation goes back to the future
Alan Mitchell | Columnist, bluenotes
The COVID-19 pandemic is a major threat to the globalisation of trade and supply chains but barriers are not what the economy needs right now.
17 Jun 2020
Renting in good-faith
Virginia Briggs | Managing Partner - Infrastructure, Construction & Property, MinterEllison
Landlords and tenants are navigating both the impacts of COVID-19 and the complexities of government relief.
16 Jun 2020
Diversification: trade mission impossible?
Khalil Hegarty | Director, ITS Global
Global supply chains and trade are under the spotlight as economies deal with the fallout from the COVID-19 pandemic.
09 Jun 2020
ANZ Board Minutes: balancing health, economic responses
Andrew Cornell | Past Managing Editor, bluenotes
Jane Halton reflects on her involvement in the response to the COVID-19 pandemic and her understanding of the economic consequences.
04 Jun 2020
Kiwis kicking COVID-19 into touch; hard yards to come
Sharon Zollner | Chief Economist New Zealand, ANZ
New Zealand may be nearly clear of COVID-19 but the economy still has a long way to go until it returns to full health.
04 Jun 2020
LONGREAD: understanding repayment deferrals
Andrew Cornell | Past Managing Editor, bluenotes
ANZ’s Aus banking head details how the bank is helping customers now while preparing them for once the pandemic has passed.
03 Jun 2020
Post-COVID China: recovery and the demand gap
Shane White | Content Manager, Institutional, ANZ
A gap in demand must be closed for China – and the world’s – economy to recover fully from the COVID-19 pandemic.
02 Jun 2020
COVID-19: less interesting than the weather
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
As infection rates and movement restrictions ease, Australians show they're ready to return to normal.
01 Jun 2020
India’s painful “shecession”
Bansi Madhavani & Sanjay Mathur | Economist & Chief Economist Southeast Asia and India, ANZ
The COVID-19 pandemic and related lockdowns have disproportionately impacted women – particularly in India where it was already a major issue.
27 May 2020
Valuing human life adds value to the economy
Andrew Cornell | Past Managing Editor, bluenotes
As the re-opening of some societies begins, balancing the value of human life vs cost to the economy has come to a head.
25 May 2020
The culture of cash
Steve Worthington | Professor at Swinburne University
The perceived decreasing value of cash during the COVID-19 pandemic isn’t the same across the globe.
21 May 2020
Stateometer: the first shock waves
Cherelle Murphy | Senior Economist, ANZ
The beginnings of the COVID-19 economic shock became apparent in the states and territories’ trade channels.
20 May 2020
Charting an easing of restrictions
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
As some states return to a new form of normal, spending data show the initial excitement of freedom has wavered a little.
13 May 2020
Post COVID-19: recovery but not as we know it
Andrew Cornell | Past Managing Editor, bluenotes
Many lessons will be born out of the COVID-19 pandemic. Which will endure in the long-term?
11 May 2020
True or false: panic buying surges food prices
Mark Bennett | Head of Aus Agribusiness, ANZ
New data show a run on supermarkets during the onset of COVID-19 restrictions could have led to increased food prices.
07 May 2020
Economic governance in a crisis
Alan Mitchell | Columnist, bluenotes
The focus must be on the economic policies needed to stimulate growth post-crisis.
06 May 2020
Off the beaten path to track sentiment via Google searches, foot traffic
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
Alternative data can provide insights into how Australians are feeling about the economy.
05 May 2020
Currency contagion: monetising virus responses
John Bromhead & Daniel Been | FX Strategist & Head of FX and G3 Research, ANZ
Economies around the world are responding to the COVID-19 pandemic. Some are doing better than others.
28 Apr 2020
Young Aussies lose out in COVID-19
Catherine Birch | Senior Economist, ANZ
Young Australians will be impacted more both immediately and in the long-term by pandemic fallout.
27 Apr 2020
House-buying related searches plummet during pandemic
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
New data show a steep drop in prices may be in store for the Australian housing market.
24 Apr 2020
IN PICTURES: Aus spending declines
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
ANZ-observed retail spending has dipped to the lowest year-on-year result since the bushfire season.
23 Apr 2020
Oil industry: negative prices a reality check
Daniel Hynes, Soni Kumari & Dhiraj Nim | Senior Commodities Analyst, Commodities Strategist & Economist/FX Strategist, ANZ
If the oil industry wasn’t taking the level of demand destruction seriously, it certainly will now after crude oil futures went negative.
19 Apr 2020
Gonski: keeping an open mind in crisis
Andrew Cornell | Past Managing Editor, bluenotes
ANZ Chairman says the board is balancing the needs of all stakeholders – including shareholders – in responding to COVID-19.
17 Apr 2020
NZ agri: facing new challenges
Susan Kilsby & Sharon Zollner | NZ Agriculture Economist and NZ Chief Economist at ANZ
Economic growth rates in New Zealand have been hit hard as Kiwis hunker down to combat COVID-19.
14 Apr 2020
Social spending drops in isolation
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
Stay-at-home Australians are changing their spending habits to match lockdown activities.
09 Apr 2020
History lessons for an unprecedented crisis
Mark Hand | Group Executive Australia Retail and Commercial Banking, ANZ
Drawing on over three decades of experience, ANZ’s Mark Hand looks back on what ANZ has learnt from previous crises.
08 Apr 2020
The world has changed, business fundamentals haven’t
Andrew Cornell | Past Managing Editor, bluenotes
Business growth expert Dr Jana Matthews talks through what is needed for SMEs to survive COVID-19 and thrive on the other side.
06 Apr 2020
Waking up to a different world
David Plank | Head of Australian Economics at ANZ
As Australians stay home to flatten the curve of COVID-19 infection, the federal government is trying to flatten the curve of economic shock.
01 Apr 2020
Aus retail: stockpiling peaks
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
Spending on groceries, puzzles and work-from-home technologies peak as Australians stay home to flatten the curve.
13 Mar 2020
Quantifying quantitative easing
David Plank | Head of Australian Economics at ANZ
The impact of COVID-19 suggests the hurdle for quantitative easing in Australia might be cleared sooner than first thought.
03 Mar 2020
IN CHARTS: keeping up with COVID-19
Khoon Goh | Head of Asia Research, ANZ
Just as China seemed to be getting the coronavirus under control, the situation is worsening in other countries.
27 Feb 2020
Sustaining momentum on sustainable finance
Katharine Tapley | Head of Sustainable Finance Solutions, ANZ
Sustainable finance hit record high levels in 2019. Can this be sustained – and grow even further – in 2020?
25 Feb 2020
Coronavirus grounds airport spend
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
Travel bans and coronavirus-conscious travellers are hitting tourism in Australia, according to airport spend data.
24 Feb 2020
Taking a bite out of the global food economy
Patrick Vizzone | Head of Food, Beverage & Agribusiness, International, ANZ
Despite a few early hiccups, the global food industry is poised to win big in the new decade.
21 Feb 2020
Aus emissions: output or intensity - part two
Catherine Birch | Senior Economist, ANZ
A majority of Australia’s emissions are being driven by a few key industries. Find out which in part two of this series.
20 Feb 2020
Stateometer: forecast downgrades worst for south east
Cherelle Murphy | Senior Economist, ANZ
A deterioration in labour markets has pulled down economies in the December quarter.
18 Feb 2020
Deloitte: settling mortgages in 2020
James Hickey & Heather Baister | Partner - Consulting & Partner - Audit and Assurance, Deloitte
After a tumultuous year, the mortgage market is focused on better customer experience and innovative offerings.
17 Feb 2020
Aus dairy’s flow-on effect
Madeleine Swan | Director of FBA Insights, ANZ
The dairy industry has changed a lot in 10 years. What does the next decade hold for Australian producers?
13 Feb 2020
Calculating a fair tax on carbon
Alan Mitchell | Columnist, bluenotes
Should the Australian government take note of the approach of other major economies on carbon taxes?
10 Feb 2020
Australian economy suffers virus symptoms
Felicity Emmett & David Plank | Senior Economist & Head of Australian Economics, ANZ
Growing uncertainty surrounding the coronavirus will have a large impact on near-term GDP growth in Australia.
07 Feb 2020
Aus emissions: output or intensity - part one
Catherine Birch | Senior Economist, ANZ
Australia’s Government has said they don’t want to risk the economy over emissions cuts. What impact will that make? Hear more in this two-part series.
04 Feb 2020
Coronavirus: economic contagion
Khoon Goh & Dhiraj Nim | Head of Asia Research & FX Analyst, ANZ
As the frenzy surrounding Coronavirus continues, economic shockwaves are starting to radiate.
30 Jan 2020
APEC: the hope of the side
Tony Walker | Author and Political Analyst
At 30, and without formal powers, what can APEC achieve in an increasingly fraught region? APEC Study Centre director Craig Emerson explains.
28 Jan 2020
Capitalism vs Socialism: mismatch or missed match?
James Culham | Executive Director, Institutional Portfolio Management, ANZ
Is the ongoing debate between capitalism and socialism aiming at the right target?
23 Jan 2020
NZ outlook: 20/20 vision
Sharon Zollner | Chief Economist New Zealand, ANZ
New Zealand’s growth in 2020 is likely to be modest but the economic fates are not entirely in Kiwi hands.
22 Jan 2020
The roads go without saying…
Andrew Cornell | Past Managing Editor, bluenotes
What has capitalism done for us? A lot more than socialism…
20 Jan 2020
Renewable transition: easier said…
Tsen Wong | Head of Energy Transition, Resource Energy and Infrastructure, ANZ Institutional
As the climate changes, the shift to renewable energy sources becomes more critical – but no simpler. Japan has a role.
17 Jan 2020
Aus housing: confident outlook
Felicity Emmett | Senior Economist, ANZ
After prices rebounded in 2019, housing market confidence continues to trend upwards.
16 Jan 2020
Mega transport underpins pipeline
Catherine Birch | Senior Economist, ANZ
Will the major projects pipeline be ramped up across New South Wales after a lag in 2020?
14 Jan 2020
Food prices: up, up?
Madeleine Swan | Director of FBA Insights, ANZ
Long periods of drought and tough competition have seen food prices increases steadily over the last few years. Will that continue in 2020?
13 Jan 2020
Australian bushfires: impacting GDP
David Plank | Head of Australian Economics at ANZ
The size, intensity and duration of the Australian bushfires mean they will almost certainly have a larger economic impact than past fires.
11 Dec 2019
Gradually then suddenly - the future of banking
Andrew Cornell | Past Managing Editor, bluenotes
Will 2019 be the year we all look back at and see a tipping point for upheaval in financial services?
03 Dec 2019
Kyuuka wo tanoshinde ne!
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
Japanese tourists are finally heading abroad in growing numbers after almost two decades of flat growth.
28 Nov 2019
Aus agri: the path to $A100 billion - part 2
Mark Bennett & Madeleine Swan | Head of Agribusiness & Associate Director Agri Research, ANZ
New capital and a focus on export risk underpin the likelihood for Australia’s agri industry to reach $A100 billion by 2030.
22 Nov 2019
Greater Mekong: urbanising quicker than expected
Arun Navaratna & Khoon Goh | Senior Economist & Head of Asia Research, ANZ
Urbanisation in the Greater Mekong region could drive significant productivity gains and strong economic growth in the medium term - even more than forecast.
21 Nov 2019
Aus agri: the path to $A100 billion - part 1
Mark Bennett & Madeleine Swan | Head of Agribusiness & Associate Director Agri Research, ANZ
Will Australia’s agri industry reach its ambitious target of $A100 billion by 2030? Delve into the details in this two-part series.
20 Nov 2019
Stateometer: on the right track
Cherelle Murphy | Senior Economist, ANZ
The ANZ Stateometer showed economies turned in many of Australia's states and territories in the September quarter, marking a positive – albeit mild – change.
19 Nov 2019
Sukkar: housing supply, a game changer
Caryn Kakas | Head of Housing Strategy, ANZ
Supply and creation of affordable housing has financial, social and economic benefits for communities, says Housing Minister.
15 Nov 2019
Monetary policy: reaching the bottom of the barrel
Richard Yetsenga | Chief Economist, ANZ
As monetary policy’s impact on credit diminishes, secular stagnation is beginning to take hold.
13 Nov 2019
2019 bank profits: challenging, backwards, turbulent
Andrew Cornell | Past Managing Editor, bluenotes
The major Australian banks have reported their full-year results. The outcomes were grim, the future a challenge.
13 Nov 2019
IN CHARTS: the great Australian dream, peak buying
Tim Lawless | Head of APAC Research, CoreLogic
New data show housing affordability has peaked across a number of regions in Australia.
12 Nov 2019
Aus tourism exports lift as Asia gets richer
Adelaide Timbrell, Hayden Dimes & David Plank | Economists & Head of Australian Economics, ANZ
Tourism spending in Australia, particularly from Asia, is continuing to grow - even outpacing some resource exports.
11 Nov 2019
LONGREAD: bonding over social housing
Caryn Kakas | Head of Housing Strategy, ANZ
Investing in social bonds creates a positive impact for communities and has a commercial return.
08 Nov 2019
Japan: world leaders in robots and growing old
Tom Kenny | Senior International Economist, ANZ
Japan’s demographic challenges are impacting growth. Can automation and AI help drive improved long-term productivity?
07 Nov 2019
Asia growth: a missed opportunity
Richard Yetsenga | Chief Economist, ANZ
Value chains and business models in Asia are being adjusted in the wake of changes to the global trade environment, says ANZ Chief Economist.
06 Nov 2019
Our health: using more, paying more
Glen Fisher | Associate Director for Health, ANZ
Older insured Australians are using more health services and make-up an increasing share of hospital episodes and benefits paid.
04 Nov 2019
Changing the mining mix
Daniel Hynes, Catherine Birch & Jasmine Kaur | Senior Commodities Strategist & Senior Economists, ANZ
Australia’s mining industry has faced momentous changes over the last decade. Will a shift to renewable technologies help drive demand?
21 Oct 2019
New Zealand: land of the long white, but darkening, cloud
Miles Workman | Senior NZ Economist, ANZ
The outlook for the Kiwi economy is for growth to slow a little further, but remain on course overall.
18 Oct 2019
Non-residential building capex: offices, hotels hold the fort
Catherine Birch | Senior Economist, ANZ
Major project investment in the non-residential building sector is historically high after a surge in 2018-19.
15 Oct 2019
Olam Vietnam: sustainability more than catchphrase
Shayne Elliott | Chief Executive Officer, ANZ
ANZ CEO & Olam’s Prakash Jhanwer chat about Vietnam’s development and the role of purpose and social responsibility.
14 Oct 2019
Regional trade: more than two giants
Greg Earl | Writer, editor and consultant
Although the spotlight is firmly fixed on the US and China, other players are starting to receive attention in global trade.
09 Oct 2019
Chongqing: balancing on the pillars of trade
Farhan Faruqui | CFO, ANZ
The evolution of the Chongqing municipality will serve as an effective blueprint for future trade in China.
08 Oct 2019
Aus housing: confidence continues to grow
Felicity Emmett | Senior Economist, ANZ
Confidence in the residential property market has rebounded sharply, a positive sign for sellers.
07 Oct 2019
South Australia: the state making a statement
Steve Radeski & Cherelle Murphy | State Agribusiness Manager, SA & Senior Economist, ANZ
Australia’s driest state has endured ups and downs but the agri industry and broader economy are heading north.
03 Oct 2019
Renewing investment in renewables
Cherelle Murphy | Senior Economist, ANZ
In a climate of climate action demands, renewable energy continues to make a mark on investment and prices.
01 Oct 2019
Public infrastructure investment: choppy waters
Catherine Birch | Senior Economist, ANZ
Capital expenditure from public-backed major projects is expected to fall before the next wave of projects begins.
30 Sep 2019
Corn economics goes pop
James Culham | Executive Director, Institutional Portfolio Management, ANZ
As the Australian economy ponders the impact of zero - or negative - interest rates, can the answer be found in corn?
24 Sep 2019
Climate change: shifting the economy
Richard Yetsenga | Chief Economist, ANZ
The impact of climate change on global economies is reaching boiling point.
20 Sep 2019
Kiwi housing: land, land, land
Miles Workman | Senior NZ Economist, ANZ
More than 78 per cent of NZ’s land mass has no one living on it but is this really contributing to housing issues?
18 Sep 2019
SIBOS19: banking on a history of adaptation
Mark Evans | Managing Director Transaction Banking, ANZ
Banks don’t look - or function - the way they did a century ago. And they won’t be the same in the next century. Or the next decade…
18 Sep 2019
Zero rates: paranormal activity 2
Andrew Cornell | Past Managing Editor, bluenotes
As interest rates continue to drop, global economies must prepare for a new era of monetary policy and business risk.
16 Sep 2019
Private schools: to have and have not
Tim Suffield | Director Client Insights & Solutions, ANZ Institutional
Not all private schools are alike. Some are increasingly doing it tough as emerging forces pull the sector in different directions.
12 Sep 2019
The future of Japanese tōshi in Australia
David Jacobs | CEO, Australia Japan Business Co-operation Committee
Mature Japanese investors are looking Down Under for opportunities to grow their sales network and gain know-how.
11 Sep 2019
China: diagnosing healthcare challenges
Felix Sekulla | State Director Health Queensland, Commercial Banking, ANZ
China has a massive population and rudimentary healthcare system. One tech company is using artificial intelligence to combat rising healthcare challenges like cancer and other diseases.
10 Sep 2019
SIBOS19: fintech takes one for the team
Shane White | Content Manager, Institutional, ANZ
The banking industry can thank fintechs for helping them refocus on the customer, say three ANZ experts.
09 Sep 2019
Australia’s economy: boom or bust?
Alan Mitchell | Columnist, bluenotes
According to the headlines, Australia’s economy is despairing. But is it all as bad as it seems?
30 Aug 2019
Pursuing solutions: Indonesia ready for growth
Jennifer Kusuma | Senior Asia Rates Strategist, Institutional, ANZ
Indonesia’s economy is poised for a much-needed leap in growth – and the stakes have never been higher.
28 Aug 2019
NZ wine: dry white
Susan Kilsby & Sharon Zollner | NZ Agriculture Economist and NZ Chief Economist at ANZ
Adverse climate conditions have impacted a number of NZ’s wine growing regions, says ANZ Research.
27 Aug 2019
Aus house prices lift. Déjà vu again?
David Plank | Head of Australian Economics at ANZ
Auction clearance rates are starting to rise in Sydney and Melbourne but that might not mean the housing recovery is enduring.
26 Aug 2019
Know your credit history
Mike Ebstein | Director, MWE Consulting
Credit cards in Australia have changed a lot since they were first introduced 45 years ago.
23 Aug 2019
Interest rates yield to property
Daniel Gradwell | Associate Director - Property, ANZ
Historically low interest rates are the catalyst for a drop in a number of key economic indicators.
21 Aug 2019
Are banks too profitable? Or not profitable enough?
Andrew Cornell | Past Managing Editor, bluenotes
Although bank profits might not be a crowd favourite, they’re necessary - and good - for the economy. So say the regulators.
20 Aug 2019
Stateometer: modest growth continues
Cherelle Murphy | Senior Economist, ANZ
As the resources states showed mild business sector improvement most other states continued to grow below trend as impacts from housing softness continue.
19 Aug 2019
Hong Kong and the GBA: open for business
Nick Henderson & Drew Waters | Director & Head of Partnerships and Development , Asialink Business
With protests a daily headline, Hong Kong insiders stress in the long term the city and its region are open and ready for business.
12 Aug 2019
Vietnam’s path to success
Khoon Goh | Head of Asia Research, ANZ
Economic reforms in Vietnam have set it on the road to upper middle-income status.
08 Aug 2019
Action must meet opportunity in Asia
Isaac Rankin | Managing Director Commercial and Private Banking, ANZ
Although not always easy, major benefits exist for businesses which expand into Asia.
06 Aug 2019
Job ads and vacancies: parting company
Catherine Birch | Senior Economist, ANZ
A puzzle is emerging in labour market data as job advertisements and vacancies, traditionally linked, have diverged.
02 Aug 2019
International education in Australia: more than just China
Hayden Dimes, Bansi Madhavani & David Plank | Economists and Head of Australian Economics, ANZ
Although the number of international students from China will continue to grow, Australia will also host more from other emerging nations.
01 Aug 2019
Gains in grains
Michael Whitehead & Viveka Manikonda | Head of Agri Insights and Senior Associate, Institutional at ANZ
The outlook is positive for Australia’s grains and oilseed sector, with added benefits for trading companies.
30 Jul 2019
Efficiency not enough to curb Aus energy use
Catherine Birch & Adelaide Timbrell | Senior Economist & Economist, ANZ
As water and energy use in Australia continue to rise, efficiency gains by households and industry aren’t enough.
29 Jul 2019
Positive reform driving India
Richard Yetsenga | Chief Economist, ANZ
Strong reform mandates set by the Indian government should lead to positive long-term growth for the nation.
23 Jul 2019
Exaggerating the death of cash
Steve Worthington | Professor at Swinburne University
Don’t toll the bell just yet - cash and cheques have peculiar attractions in even the most modern economies.
18 Jul 2019
IN CHARTS: Australia’s residential property turnaround
Adelaide Timbrell & Felicity Emmett | Economist & Senior Economist, ANZ
Policy easing and changes to interest rates and assessment requirements are lifting Australia’s property sentiment.
17 Jul 2019
Kiwis don’t yield to the curve
Sandeep Parekh | ANZ Foreign Exchange/Rates Strategist
Cause for concern or false alarm? The NZ yield curve frequently inverts - but lacks the recession-predicting ability of its US counterpart.
12 Jul 2019
LONGREAD: infrastructure no longer just roads and bridges
Stuart Fuller | Head of Law, KPMG & Board Member, Asia Society Australia
The traditional concepts of infrastructure - or investment - are being strained by technology and innovation.
09 Jul 2019
The hellship Neptune and perverse incentives
Jason Murphy | Publisher, Thomas the Think Engine
Incentivising negative behaviour (or the absence of positive incentives) can lead to disastrous outcomes, says author Jason Murphy.
02 Jul 2019
Australian healthcare: time for a check-up
Cherelle Murphy & Bansi Madhavani | Senior Economist & Economist, ANZ
Although Australians are living longer, their overall health isn’t so great and that’s weighing down the healthcare industry.
01 Jul 2019
Trade dispute: heading down under
Hayden Dimes & David Plank | Economist & Head of Australian Economics, ANZ
The US-China trade war is opening up a hole in Australia’s GDP – and sinking hopes for a surplus.
28 Jun 2019
Fair dinkum bionic banking
Sam Stewart & Jane Danziger | Global Head of Retail Banking & Head of GAMMA and Marketing, Sales & Pricing Practice at BCG
Satisfaction, trust and personalisation are just some of the customer expectations large institutions must provide to win in the future.
25 Jun 2019
Japan: saying yōkoso to the world
David Lawson | Consul-General & Senior Trade Commissioner, Australian Consulate-General Osaka
Upcoming summits and expos will showcase Japan’s transformation and opportunities for business.
21 Jun 2019
Housing price recovery: just eggs not chickens
Richard Yetsenga & Felicity Emmett | Chief Economist and Senior Economist at ANZ
The Australian housing market may be starting to improve but not as dramatically as expected.
18 Jun 2019
Kiwi trees a green army
Susan Kilsby & Sharon Zollner | NZ Agriculture Economist and NZ Chief Economist at ANZ
With almost half of New Zealand’s carbon emissions coming from agri, can forestry help the nation meet its climate change goals?
17 Jun 2019
Property lessons from abroad
Daniel Gradwell | Associate Director - Property, ANZ
Long-term outlooks and diversification are helping China stay on top of residential development.
14 Jun 2019
Australia-ASEAN-New Zealand: a trade agreement with pay off
Melissa Conley Tyler | Director of Diplomacy, Asialink
Free trade agreements can sometimes cause more trouble than their worth but one cross-region pact is doing surprisingly well.
12 Jun 2019
Avoiding the zero-sum game in the Pacific
Tony Walker | Author and Political Analyst
Ahead of the next G20 Summit in Osaka, Australia must surely navigate the testy relationship between the US and China.
11 Jun 2019
Waiting on China’s ascendance
Richard Yetsenga | Chief Economist, ANZ
China’s private sector is facing a make-or-break scenario as the region’s access to credit hangs in the balance.
06 Jun 2019
IN CHARTS: is the great Australian dream a thing of the past?
Melissa Currie | Creative Content Producer, bluenotes
With housing affordability the best since 2016, for many Australians owning their own home could be back within reach.
04 Jun 2019
Tasmania: the southern state’s heading north
Cherelle Murphy | Senior Economist, ANZ
Tasmanians are enjoying robust economic conditions but housing and employment remain a concern according to ANZ Research.
31 May 2019
NZ Budget 19: take it to the limit
Miles Workman | Senior NZ Economist, ANZ
New Zealand’s 2019-20 Budget increases Government spending supported by an optimistic economic outlook from the Treasury.
29 May 2019
Stateometer: one tortoise, many hares
Cherelle Murphy & Jack Chambers | Senior Economist & Market Economist, ANZ
It was a case of the tortoise and hares in the latest ANZ Stateometer. The slow and steady South Australia won the race.
24 May 2019
NZ Budget preview: more than a feeling
Miles Workman | Senior NZ Economist, ANZ
The New Zealand Government’s books are in good shape ahead of the 2019-20 Budget and Treasury forecasts should show this persisting.
14 May 2019
Household budget pressures: it’s a long way to the shop
Adelaide Timbrell & David Plank | Economist & Head of Aus Economics, ANZ
Australian households are moving their spending away from retail to other goods and services, says ANZ Research.
10 May 2019
Machine learning: change the way you think
Shane White | Content Manager, Institutional, ANZ
Increasing productivity returns and solving big problems are just some of the benefits of machine-learning algorithms.
26 Apr 2019
Why bother surcharging?
Steve Worthington | Professor at Swinburne University
Regulation around surcharging keeps changing and has become more confusing for retailers and consumers alike.
24 Apr 2019
VIDEO: it’s a steep learning curve on yield
Richard Yetsenga | Chief Economist, ANZ
Assessments of the US yield curve risk being too dogmatic, says ANZ Chief Economist.
18 Apr 2019
China-US tensions: the view from Japan
Mark Skulley | Freelance journalist
Escalating US-China tensions have led to a new type of cold war, according to a leading Japanese academic.
16 Apr 2019
The Asian Century: more than just China
Tony Walker | Author and Political Analyst
Asian economies are continuing to accelerate. So is Australia becoming an accidental geographic beneficiary?
15 Apr 2019
Q&A: the Asian century never ended
Shane White | Content Manager, Institutional, ANZ
ANZ’s Farhan Faruqui outlines the bank’s plans in an Asian region still brimming with opportunity for business.
05 Apr 2019
FEDERAL BUDGET 2019: Labor’s alternative
David Plank | Head of Australian Economics at ANZ
Some were disappointed with the 2019-20 Australian Federal Budget, does this simply reflect the focus on tax cuts?
03 Apr 2019
FEDERAL BUDGET 2019: full coverage
bluenotes contributors |
bluenotes presents comprehensive coverage of the 2019-20 Australian Federal Budget.
03 Apr 2019
FEDERAL BUDGET 2019: back to black with an election to come
Cherelle Murphy | Senior Economist, ANZ
As expected, cuts to personal income taxes and big infrastructure spending dominated the 2019-20 Australian Federal Budget.
03 Apr 2019
FEDERAL BUDGET 2019: reaching peak budget
Richard Yetsenga | Chief Economist, ANZ
Structural changes occurring in Australia are starting to impact the budget more forcefully, particularly demographic changes.
03 Apr 2019
FEDERAL BUDGET 2019: the graphic truth
David Plank | Head of Australian Economics at ANZ
Tax, outlook, health, infrastructure, the key numbers of Federal Budget in pictures.
03 Apr 2019
FEDERAL BUDGET 2019: small business perks
Isaac Rankin | Managing Director Commercial and Private Banking, ANZ
Tax write-offs and funding for apprenticeships are some of the promises for SMEs from the 2019-20 Australian Federal Budget.
28 Mar 2019
FEDERAL BUDGET 2019: tax relief and congestion busting
Cherelle Murphy | Senior Economist, ANZ
Personal income tax cuts and new infrastructure spending set to be announced in the 2019-20 Australian Federal Budget.
12 Mar 2019
China under the spotlight
Raymond Yeung | Chief Economist Greater China, ANZ
China’s trade war with the US has highlighted areas of improvement for its future economy.
05 Mar 2019
Stateometer: softening momentum spreads through the east coast
Cherelle Murphy & Jack Chambers | Senior Economist & Market Economist, ANZ
Softening economic momentum suggests credit tightness is beginning to hit smaller states.
01 Mar 2019
INFOGRAPHIC: LGBTIQ+ rights across the globe
Melissa Currie | Creative Content Producer, bluenotes
It seems the world still has a way to go for LGBTIQ+ rights and employment discrimination.
28 Feb 2019
Bishop: an uncertain world needs leadership not populism
Shane White | Content Manager, Institutional, ANZ
Outgoing MP and Former Australian Foreign Minister discusses the importance of strong leadership in times of global upheaval.
26 Feb 2019
Investors prepare for challenging year
Mark Rider | Chief Investment Officer, ANZ Wealth
Sharemarkets may have rebounded early but the market volatility of 2018 is expected to continue this year.
25 Feb 2019
The economics of elections
David Plank & Bansi Madhavani | Head of Australian Economics & Economist, ANZ
People often think the economy slows as elections get close - the reality is more complicated.
14 Feb 2019
Asia: Not all in the same boat
Khoon Goh | Head of Asia Research, ANZ
Concern about Asia’s economy is growing but positive signs exist.
05 Feb 2019
Is Asia facing further downside risk?
Irene Cheung & Raymond Yeung | Senior Strategist, Asia & Chief Economist, Greater China, ANZ
China manufacturing is as weak as it has been for years. How will the rest of Asia hold up?
29 Jan 2019
ASEAN: economic community can step up
Luke Hunt | Journalist & Asian correspondent
Further liberalisation is needed within the ASEAN Economic Community for future growth.
24 Jan 2019
NZ truckometer: lower revs
Sharon Zollner | Chief Economist New Zealand, ANZ
Trucks and cars can tell you a lot about the economy – and NZ might be losing some grunt.
14 Jan 2019
Aus residential property: little sign of optimism
David Plank | Head of Australian Economics at ANZ
The latest ANZ-Property Council data shows confidence is now at its lowest level since the survey commenced in 2011.
10 Jan 2019
Asia: not so bleak after all
Sanjay Mathur | Chief Economist Southeast Asia & India, ANZ
The scope for further shocks to financial markets hitting Asia’s economic bottom line has shrunk.
14 Dec 2018
Spreading the gospel of B2R
Peter Thomas | State Director, Property – Business & Private Banking, ANZ
Innovative property models like B2R could change the market – if the word gets out.
12 Dec 2018
The shifting power balance in housing
Jo Masters & Richard Yetsenga | Former Senior Economist & Chief Economist, ANZ
Both of the key drivers of house prices have now pretty much hit their limits.
07 Dec 2018
G20, the US and China: omens not good
Tony Walker | Author and Political Analyst
The dust has settled on a melodramatic G20 summit in Buenos Aires with trade and tariffs hitting a speed bump.
05 Dec 2018
South east Asia’s infinite capacity for surprise
Greg Earl | Writer, editor and consultant
It's not just China. South east Asia’s growth is becoming impossible to ignore and it’s happening at Australia’s front door.
30 Nov 2018
Why Chinese exports are not going to collapse
Richard Yetsenga | Chief Economist, ANZ
The US-China relationship (or lack thereof) continues to make headlines with trade and tariffs a key focus.
28 Nov 2018
Q&A: the way forward for the US & China
Andrew Cornell | Past Managing Editor, bluenotes
ESM Goh Chok Tong chats about Trump, the kind of China the world wants to see and Singapore’s next PM.
27 Nov 2018
How to close the trillion-dollar trade-finance gap
Mark Evans | Managing Director Transaction Banking, ANZ
Businesses can’t access the capital they need to grow. Here’s why – and what can be done to solve the problem.
26 Nov 2018
Powering PNG
Nick Easingwood & Mark Baker | Director – Project and Export Finance & MD PNG, ANZ
New international partnership hopes to assist in developing a reliable energy supply for Papua New Guinea.
21 Nov 2018
Stateometer: housing trouble
Cherelle Murphy & Jack Chambers | Senior Economist & Market Economist, ANZ
Continued weakness in Australia’s residential property markets helped dampen economic growth in the September quarter.
14 Nov 2018
Goh on China, the US & a looming Thucydides trap
Emeritus Senior Minister Goh Chok Tong | Former Prime Minister of Singapore
The question is no longer if China & the US will collide - but when and what form it will take.
13 Nov 2018
What’s ahead for markets after the US elections?
Mark Rider & Shane Lee | Chief Investment Officer & Asset Allocation Strategist at ANZ
Complications mean the implications of this result will be felt well into the long term.
09 Nov 2018
A tale of five cities
Daniel Gradwell & Brad Williamson | Senior Economist & State Director, Property – Business & Private Banking, ANZ
Property sentiment is tanking – but look outside NSW & Victoria and the story is a little different.
07 Nov 2018
New world order: trading up
Tony Walker | Author and Political Analyst
The intangibles of an agreement drawing Australia and its neighbours closer may prove the biggest benefit.
29 Oct 2018
Australia's China exposure is overexposed
Richard Yetsenga | Chief Economist, ANZ
Australia is exposed to China but not singularly exposed.
19 Oct 2018
The ASEAN opportunity continues to excel
Khoon Goh | Head of Asia Research, ANZ
The scale of the ASEAN opportunity is still often underestimated by Australian business.
12 Oct 2018
Slim Secret’s secrets to China
Mark Hand | Group Executive Australia Retail and Commercial Banking, ANZ
Australian health snack brand Slim Secrets made it big by helping Chinese consumers stay small.
11 Oct 2018
Down, down, sentiment is down
Daniel Gradwell | Associate Director - Property, ANZ
Sentiment in the residential property segment has fallen to the lowest level since 2012.
11 Oct 2018
New world order: stuck in the middle with Trump
Tony Walker | Author and Political Analyst
The US-China trade war will not be good for Australia – particularly the agribusiness sector.
10 Oct 2018
The quick (and the rest) in treasury
Farhan Faruqui | CFO, ANZ
The rapidly evolving financial landscape is ensuring the shift from operational treasury to strategic treasury is virtually complete.
04 Oct 2018
NZ households: building buffers but still vulnerable
Liz Kendall | Senior New Zealand Economist at ANZ
Since 2008, household debt in NZ has remained elevated. But households have been building their equity buffers.
04 Oct 2018
Construction concern
Daniel Gradwell and Joanne Masters | Senior Economists at ANZ Research
Housing work under construction will support the market in the near term but the outlook for 2020 is darker.
04 Oct 2018
What does success look like in housing policy?
Joanne Masters & Richard Yetsenga | Senior Economist & Chief Economist, ANZ
Improving housing affordability is important but not everyone will (or should) own a home. Choice is an overlooked factor in the debate.
02 Oct 2018
NZ’s productivity problem
Tony Field | bluenotes contributor
NZ businesses are being urged to invest in innovation to boost their productivity.
02 Oct 2018
The opportunities of Malaysia’s nation building
Brett Stevens | Commissioner for Victoria to Southeast Asia
Malaysia’s political shakeup highlights Southeast Asia infrastructure opportunities.
02 Oct 2018
Housing is weak but it won’t last forever
Daniel Gradwell and Joanne Masters | Senior Economists at ANZ Research
It’s tough out there but the outlook for eventual stabilisation remains on track, ANZ Research suggests.
01 Oct 2018
There’s more to China than Beijing
Nick Henderson | Director, Asialink Business’ China Practice
China’s second-tier urban centres may be ‘smaller’ by China’s standards but have markets larger than some countries.
24 Sep 2018
How to cut the red tape hurting super savers
Kevin Davis & Rodney Maddock | Professors, Australian Centre for Financial Studies, Monash University
The unintended consequences of bank regulation unnecessarily short-changes super savers – but there’s a relatively low-cost fix.
21 Sep 2018
LONGREAD: the silicon Silk Road
Farhan Faruqui | CFO, ANZ
Globalisation and changing demographics are fundamentally transforming the structure of trade.
19 Sep 2018
It could have been worse
Andrew Cornell | Past Managing Editor, bluenotes
The global economy survived a crisis, Australia dodged a recession, Wall St bankers were bailed out. Not everyone was happy with the response but what else should have been done?
13 Sep 2018
The other side of the infrastructure boom
Daniel Gradwell | Associate Director - Property, ANZ
Australia’s $120bn in construction projects a boon for the economy but rising cost pressures a real risk.
12 Sep 2018
LONGREAD: how the pacific six punch above their weight
Kishti Sen & Tom Kenny | International Economist & Senior International Economist, ANZ
Pacific region set to catch spillover from prosperous Asia; foreign aid, exports & remittances key growth drivers.
12 Sep 2018
Lessons learned (& forgotten) from the crisis
Andrew Cornell | Past Managing Editor, bluenotes
The Australian financial system endured the GFC as well as any in the world. What happened?
11 Sep 2018
A tale of two sectors in NZ
Antony Buick-Constable | Acting CEO, New Zealand Bankers’ Association
Far from stepping back banks are backing the construction industry during the building boom.
10 Sep 2018
New world order: the US’ missing APAC ‘pivot’
Tony Walker | Author and Political Analyst
Whatever happened to America’s turn toward the Asia Pacific?
05 Sep 2018
India will solve its banking crisis – but what happens then?
Richard Yetsenga & Sanjay Mathur | Chief Economist & Chief Economist, SE Asia & India, ANZ
India’s troubles shall pass – but don’t assume lending will return with vigour in quick succession.
27 Aug 2018
NZ housing: snakes and ladders
Elizabeth Kendall | Senior Economist, ANZ NZ
Are New Zealand’s ongoing high prices in the housing market harming productivity?
27 Aug 2018
Vietnam: a 20 year growth story
Khoon Goh | Head of Asia Research, ANZ
Positive growth outlook for Vietnam as it continues to attract inward foreign direct investment.
24 Aug 2018
Tougher times: how the drought is impacting GDP
Felicity Emmett | Senior Economist, ANZ
Australian farmers are currently experiencing the most serious drought since 2003 and it’s beginning to impact GDP.
23 Aug 2018
The 25 million person housing problem
Daniel Gradwell | Associate Director - Property, ANZ
Australia’s population has just tipped 25 million – so what does this mean for the housing market?
23 Aug 2018
Stateometer: cooling down
Cherelle Murphy & Jack Chambers | Senior Economist & Market Economist, ANZ
The economy’s momentum slowed into Autumn and Winter this quarter, data shows.
21 Aug 2018
Soaking up supply in the Sunshine state
Joanne Masters & Richard Yetsenga | Senior Economist & Chief Economist, ANZ
The focus of Australia’s national housing market has long been Sydney and Melbourne, but things are playing out differently in Brisbane.
20 Aug 2018
China dials back on debt
Mark Rider | Chief Investment Officer, ANZ Wealth
The rapid growth in debt has now slowed in China. What’s next?
14 Aug 2018
Build to rent? Not quite yet
David Oudshoorn | State Director, Property – Business & Private Banking, ANZ
While the build to rent model has a lot of promise, does it have what it takes to compete with the Australian Dream of owning a home?
13 Aug 2018
House prices? Let me google that for you
Jo Masters, Giulia Lavinia Specchia & David Plank | Senior Economist, FX Strategist & Head of Australian Economics, ANZ
The credit squeeze is affecting house prices, but a new indicator from ANZ suggests a stabilisation could be on the way.
10 Aug 2018
Māori business: a driving force in NZ’s economy
Siobhan Enright | bluenotes contributor
Māori businesses are booming and there’s a lot to be learnt from them.
10 Aug 2018
Pakihi Māori: he wāhanga nui i roto i te ōhanga o Aotearoa
Siobhan Enright | bluenotes contributor
Kei te puāwai ngā pakihi Māori, ā, he nui ngā akoranga ka puta i a rātau.
10 Aug 2018
New world order: a hard place
Tony Walker | Author and Political Analyst
Washington’s ability to enforce its Iranian sanctions regime globally will meet significant resistance.
09 Aug 2018
How Australia works
David Plank | Head of Australian Economics at ANZ
The HILDA Survey data casts a light on how Australians are coping - or not coping - with their household and economic situations.
08 Aug 2018
Japan’s point of no return
Richard Yetsenga | Chief Economist, ANZ
There’s a laundry list of countries hoping Japan has a winning game plan for its ageing population.
07 Aug 2018
INFOGRAPHIC: a sharp right toward the future
Tim Suffield & Graham Kerr | Associate Director, Client Insights and Solutions & State Director, Emerging Corporate, ANZ
Is road transport in Australia turning the corner? We take an interactive look at the sector.
06 Aug 2018
Another winter of discontent in NZ?
Sharon Zollner | Chief Economist New Zealand, ANZ
Will falling business confidence derail near-term GDP growth? It depends...
03 Aug 2018
Taking control on energy
Luke Menzel | CEO, Energy Efficiency Council Australia
Gas prices are skyrocketing and gas intensive manufacturers are bearing the brunt. There are ways to take back control – here’s how.
30 Jul 2018
Commodities & the trade war in 10 charts
Daniel Hynes | Senior Commodity Strategist, ANZ
We’re told trade wars are easy to win but that doesn’t mean there is no collateral damage.
26 Jul 2018
Australia’s red card for energy efficiency
Luke Menzel | CEO, Energy Efficiency Council Australia
Two pieces of bad news for Australia in June, one hitting the headlines but the other more worrying for the long term.
20 Jul 2018
Shake off any rate cut ideas in NZ
Philip Borkin | Senior Economist, ANZ
NZ’s latest CPI suggests no rate cuts are around the corner – and so does the Taylor Rule.
17 Jul 2018
Down by the GBA
Ivy Au Yeung | Chief Executive Officer ANZ Hong Kong
China’s greater bay area opens huge opportunities for faster growth in the world’s second-largest economy.
12 Jul 2018
Is the Australian housing market over the hill?
Daniel Gradwell & David Plank | Economist & Head of Australian Economics, ANZ
Confidence in Australia’s housing market has fallen sharply according to the newest ANZ-PCA report.
12 Jul 2018
bluenotes debate: the renewable future
Andrew Cornell | Past Managing Editor, bluenotes
We chat to a panel of experts about the future slate for renewable energy in Australia.
10 Jul 2018
Risk, football and picking winners
Didier Magloire | Global Head of Financial Institutions, Sovereign & Country Risk Management, ANZ
Building a predicative model for football tournament is not hugely different from assessing financial services risk, it turns out.
09 Jul 2018
New world order: on the precipice of a trade war
Tony Walker | Author and Political Analyst
It’s undeniable growth will be affected by any disruption to global trade.
09 Jul 2018
Building Fiji’s future
Kishti Sen & Tom Kenny | International Economist & Senior International Economist, ANZ
Fiji’s latest National Budget has a strong focus on infrastructure spending.
06 Jul 2018
Why does economic progress of Australia’s women keep stalling?
Bianca Hartge-Hazelman | Founder, Financy Women’s Index
Lingering debate still exists as to whether the economic progress of women is needed at all. One expert explains why this is plainly wrong.
05 Jul 2018
The economist vs the machine
Jack Chambers & David Plank | Economist & Head of Australian Economics, ANZ
Big data is playing an increasing role in economic analysis – but new research suggests robots won’t be replacing economists just yet.
04 Jul 2018
Australian housing: markets within markets
Daniel Gradwell | Associate Director - Property, ANZ
Housing prices may be cooling but things may not all be as they seem if you look a little closer.
03 Jul 2018
The upside of Trump’s trade trials - yes, upside
Alan Mitchell | Columnist, bluenotes
Keep calm as Trump carries on: current uncertainty is a good reminder of the importance of supporting free trade.
29 Jun 2018
Listen up: what the yield curve has to say
Mark Rider | Chief Investment Officer, ANZ Wealth
The state of the yield curve is beginning to dominate conversations about the market. Here’s what it means.
28 Jun 2018
Let’s not waste time on the why
Richard Yetsenga | Chief Economist, ANZ
As the spotlight falls on the US yield curve, ANZ Research looks at what this means for credit risk.
28 Jun 2018
NZ foreign buyers: going, going, gone
Elizabeth Kendall | Senior Economist, ANZ NZ
Will proposed amendments to NZ’s foreign buyer rules fix the housing problem or create new issues?
27 Jun 2018
PODCAST: both sides of price transparency
Richard Grayson | Head of Health, Business and Private Banking, ANZ
Transparency around healthcare prices could have an unintentional effect, expert suggests.
26 Jun 2018
Cash and the black economy
Steve Worthington | Professor at Swinburne University
Much has been written about Australia’s move to a cashless society, do the numbers really stack up?
20 Jun 2018
Growing pains in the health sector
Richard Grayson | Head of Health, Business and Private Banking, ANZ
The outlook is good for medical specialists but median hourly earnings are increasing slower than the benchmark.
19 Jun 2018
The bright new dawn for Timor-Leste
Andrew Young | CEO Timor-Leste, ANZ
Resolution of government impasse paves way for further growth in Pacific-island nation.
19 Jun 2018
Tighter times in property
Daniel Gradwell and Joanne Masters | Senior Economists at ANZ Research
Australia’s housing market has proven less resilient than anticipated, and further price falls are likely.
15 Jun 2018
Fiji’s good run continues
Kishti Sen & Tom Kenny | International Economist & Senior International Economist, ANZ
Despite frequent shocks from natural disasters, Fiji’s economy is continuing to grow.
12 Jun 2018
How much longer can this go on?
Mark Rider | Chief Investment Officer, ANZ Wealth
ANZ Wealth’s CIO looks at predictions for a volatile market this quarter.
07 Jun 2018
IN CHARTS: the outlook for gold, LNG & oil
Daniel Hynes, Soni Kumari & Dhiraj Nim | Senior Commodities Analyst, Commodities Strategist & Economist/FX Strategist, ANZ
China’s green shift keeps driving LNG demand; gold to return as safe haven.
06 Jun 2018
The digital sun is rising in south east Asia
Donna Webster | Director of Capability Development, Asialink Business
The digital economy is transforming every aspect of social and business life in ASEAN regions.
05 Jun 2018
NZ household debt in perspective
Miles Workman | Senior NZ Economist, ANZ
High levels of household debt in NZ are manageable because interest rates are low – for now.
31 May 2018
What the FIRB data really means
Daniel Gradwell | Associate Director - Property, ANZ
Recent data from the FIRB have shifted the discussion on foreign housing demand in Australia. Here’s what’s really going on.
31 May 2018
NZ’s super super problem
Miles Workman & Sharon Zollner | Economist & Chief Economist, ANZ NZ
Are we all just choosing to turn a blind eye on NZ’s unsustainable superannuation system?
30 May 2018
The reforms SA business owners need
Alan Read | SA Corporate Agriculture Director, ANZ
We chat with a panel of experts on the impact of South Australia’s state budget on business conditions in the region.
25 May 2018
ZTE & China’s electronics battlefield
Raymond Yeung & Kaushik Baidya | Chief Economist Greater China & Economist, ANZ
ZTE incident will surely spur China’s domestic chip production and R&D activity.
23 May 2018
Stateometer: housing drags on key state
Cherelle Murphy & Jack Chambers | Senior Economist & Market Economist, ANZ
Growth in NSW decelerates and population stats point to house prices; Vic, SA and Qld accelerate.
18 May 2018
Australia – what’s the plan?
Richard Yetsenga | Chief Economist, ANZ
Missing from the 2018 budget was an overall sense of narrative – something the country will need amid coming uncertainty.
17 May 2018
NZ Budget18: no surprises
Miles Workman & Sharon Zollner | Economist & Chief Economist, ANZ NZ
Prudent pragmatism is the order of the day in New Zealand.
14 May 2018
BUDGET 2018: here’s to our health
Richard Grayson | Head of Health, Business and Private Banking, ANZ
Australia’s federal government has unveiled a suite of budget measures which should help ease the transition to an ageing population.
10 May 2018
The ten biggest Twitter themes of #Budget18
Shane White | Content Manager, Institutional, ANZ
We share a brief look at the biggest themes on Twitter from #Budget2018.
09 May 2018
BUDGET 2018, in pictures
Joanne Masters | Former Senior Economist, ANZ
We’ve broken down the budget into an easily digestible visual format.
09 May 2018
BUDGET 2018: five key takeaways for SMEs
Guy Mendelson | Portfolio Lead - Business Owners, ANZ
More support, opportunities and relief highlight the benefits for Australian small-business owners from the 2018 budget.
09 May 2018
BUDGET 2018, in tweets
Shane White | Content Manager, Institutional, ANZ
See what some of Australia’s most-respected commentators said on Twitter in the aftermath of #Budget2018.
09 May 2018
BUDGET 2018: does no harm
Richard Yetsenga | Chief Economist, ANZ
Australia’s better-than-expected tax revenues haven’t failed to disappoint, ANZ’s Chief Economist says on video.
09 May 2018
BUDGET 2018: wealthy, healthy & prizes
Cherelle Murphy & Jack Chambers | Senior Economist & Market Economist, ANZ
This year’s budget has some for the household wallet, some for health and some for the government’s piggy bank.
08 May 2018
Australian budget 2018: full coverage
bluenotes contributors |
bluenotes presents comprehensive coverage of the 2018-19 Australian federal budget.
08 May 2018
NZ’s moo-t point on the environment
Sharon Zollner | Chief Economist New Zealand, ANZ
New Zealand faces many challenges to ensure they reach their emissions targets by 2050.
07 May 2018
China’s not-so-secret competitiveness weapon
Betty Wang & Raymond Yeung | Senior China Economist & Chief Economist Greater China, ANZ
The Guangdong-Hong Kong-Macao Greater Bay Area is a recipe for China’s global integration plan.
03 May 2018
She's apples on the Tassie outlook
Gareth Arbuthnot | State Manager Business Banking Vic/Tas, ANZ
Tasmania’s economic situation is solid – and with the right decisions there could be further good news ahead.
30 Apr 2018
Budget 2018: lattes, fares and flexibility
Cherelle Murphy | Senior Economist, ANZ
Expect a smaller underlying cash deficit for 2017-18 than previously projected.
25 Apr 2018
Yeo on Singapore, ASEAN and the rise of China
Andrew Cornell | Past Managing Editor, bluenotes
Eminent Singaporean George Yeo shares his insights and comparatively dovish view on China’s rise.
25 Apr 2018
ON THE COUCH: China, the second sun in the firmament
Andrew Cornell | Past Managing Editor, bluenotes
George Yeo sits down with bluenotes to Chat about the geopolitical disruption of China.
20 Apr 2018
LONGREAD: tech shock > China shock
Richard Yetsenga | Chief Economist, ANZ
Technology is challenging the economic order far more than China ever did.
20 Apr 2018
PNG is on the cusp of a super cycle in mining investment
Kishti Sen | Pacific Economist, ANZ
Short-term growth in the Pacific nation will remain subdued but longer-term prospects are more encouraging.
18 Apr 2018
House prices still on track for 2% growth
Jack Chambers & Jo Masters | Economist & Senior Economist, ANZ
Shifting RBA rate expectations have not materially changed the outlook for house price growth.
13 Apr 2018
Australia's global marketplaces
Jason Aravanis | Senior Industry Analyst, IBISWorld
Australian companies are increasingly looking to international markets for revenue.
11 Apr 2018
China commits to reform
Betty Wang | Senior China Economist, ANZ
New Governor of People’s Bank of China lays out timelines for country’s economic reforms.
10 Apr 2018
Soft landing in sight for Aus housing
David Plank & Joanne Masters | Head of Australian Economics & Senior Economist, ANZ
As the housing credit impulse turns up, ANZ Research sees the market in recovery mode by the second half of 2018.
09 Apr 2018
Emerging Asia: not so young after all
Eugenia Victorino | Economist, ANZ
A demographic transition is under way in Emerging Asia, what will this mean for growth?
03 Apr 2018
Hong Kong: from gateway to highway
Raymond Yeung | Chief Economist Greater China, ANZ
Is Hong Kong starting to lose its edge in merchandise trade?
27 Mar 2018
Australian agtech’s Asian advance
Mark Whelan | Group Executive Institutional, ANZ
Agri growth in ASEAN is poised to follow the China blueprint – and Australian exporters can take advantage.
22 Mar 2018
Non-banks to take greater slice of corporate loan market
Shane White | Content Manager, Institutional, ANZ
Australia’s syndicated loan market will keep expanding – with non-banks a key driver.
22 Mar 2018
Singapore’s growth potential understated
Khoon Goh | Head of Asia Research, ANZ
A stronger growth forecast in Singapore is due to two key domestic drivers of growth, says ANZ’s Head of Asia Research.
20 Mar 2018
Ausbiz goes bullish on ASEAN
Elizabeth Rudall | bluenotes contributor
Survey shows growing commitment to boost trade and investment in Southeast Asia.
19 Mar 2018
Tariffs: for better or worse - usually worse
Alan Mitchell | Columnist, bluenotes
Donald Trump believes his tariffs will be good for the American economy but history shows otherwise.
19 Mar 2018
New world order: Turnbull - Trump’s man of steel
Tony Walker | Author and Political Analyst
A weakening of the WTO’s authority has the potential to upset a delicate global trading balance amid a mercantilist China’s rise.
19 Mar 2018
What’s not next for a city in knots
Jean-Paul Pelosi | Freelance journalist
There’s a gap between Sydney’s desire to be a global centre and its physical shape. What needs to change?
16 Mar 2018
Singapore an engine for two-way trade
David Green | CEO Singapore and Head of South East Asia, India & Middle East, ANZ
Singapore’s historic role in the ASEAN region continues to become even more significant.
15 Mar 2018
ASEAN in Australia: full coverage
Mark Whelan | Group Executive Institutional, ANZ
We bring you views and insights on what lies ahead for the ASEAN-Australian Special Summit.
15 Mar 2018
Australia’s key role in the ASEAN economy
Mark Whelan | Group Executive Institutional, ANZ
The importance of the growing economic scale of ASEAN cannot be underestimated.
15 Mar 2018
ASEAN rising: four unique trends shaping a dynamic market
Megan Mulia | Director Research and Information, Asialink Business
Over 2,500 organisations and individuals were asked about changes in ASEAN for Aussie businesses – here’s what they said.
15 Mar 2018
ASEAN’s agri imports and exports in five charts
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
Research by ANZ shows trade in agri consumption products with ASEAN regions is peaking.
13 Mar 2018
ASEAN: the case for diversification
Khoon Goh | Head of Asia Research, ANZ
ANZ’s Head of Asia Research discusses the need for Australia’s trade and investment engagement with ASEAN to diversify.
09 Mar 2018
China cash to hang around in bonds
Shane White | Content Manager, Institutional, ANZ
China’s bond-buying splurge across the Asia Pacific looks set to continue, expert says.
09 Mar 2018
Trump’s self-inflicted trade problem
Richard Yetsenga | Chief Economist, ANZ
The US is caught in a pincer movement of its own making on trade.
05 Mar 2018
Asia demand for $A bonds here to stay
Shane White | Content Manager, Institutional, ANZ
Telstra Group treasurer says flow of liquidity out of Asia into $A bonds will likely continue.
28 Feb 2018
NZ productivity: not too shabby (but improvement needed)
Philip Borkin | Senior Economist, ANZ
Sure, the figures looked bad but the latest productivity snapshot for New Zealand is a little more promising. More please.
27 Feb 2018
Singapore on front foot over demographic challenges
Khoon Goh | Head of Asia Research, ANZ
City nation set to raise GST rate in order to stave off ageing population issues.
23 Feb 2018
Event economics: faster, higher, stronger…
Jason Murphy | Publisher, Thomas the Think Engine
The Winter Games are wrapping up in Pyeongchang but the economic impact – whichever way it goes – will last for some time.
21 Feb 2018
Stateometer: national strength
Cherelle Murphy | Senior Economist, ANZ
Differences faded across Australia’s states and territories in December quarter, reading shows.
12 Feb 2018
China’s savings, offshore investment, in charts
Raymond Yeung & Kaushik Baidya | Chief Economist Greater China & Economist, ANZ
The domestic Chinese environment is becoming less supportive of low-risk investments.
08 Feb 2018
New world order: Trump, trade & the TPP
Tony Walker | Author and Political Analyst
US involvement in the new TPP would not be simple given the remaining participants have re-negotiated its terms.
08 Feb 2018
Good times fade away on markets
Mark Rider | Chief Investment Officer, ANZ Wealth
Crashes aside, don’t expect a repeat of the double-digit market returns of 2017.
05 Feb 2018
The NZ economy in four charts
Sharon Zollner | Chief Economist New Zealand, ANZ
The abrupt moderation in NZ housing suggests the economy is about to screech to a halt –but this time it’s different.
31 Jan 2018
What the new TPP means for Asia’s shifting winds
Philipp Ivanov | Chief Executive Officer, Asia Society Australia
The TPP lives again but policymakers have much to do to repair the good name of trade.
22 Jan 2018
The future of property in two charts & a podcast
Shane White & Jemma Wight | Senior production editor & production editor, bluenotes
What lies ahead for the property market? Forecasts are mixed.
22 Jan 2018
Is China’s new economic focus working?
Dr Lauren Johnston | McKenzie Postdoctoral Fellow at the Melbourne Institute, University of Melbourne
The new economic era in China is well underway and its impacts are being felt widely.
18 Jan 2018
Is this as good as it gets for the economy?
Richard Yetsenga | Chief Economist, ANZ
Let’s welcome the global recovery and take advantage of it - but the chances of further improvement are minor.
11 Jan 2018
India, the elephant in the shadow of the dragon
Richard Yetsenga | Chief Economist, ANZ
India’s rise is too often compared to those which came before it, rather than on its own merits.
10 Jan 2018
House price growth to slow to 1% then recover
Jack Chambers & David Plank | Economist & Head of Australian Economics, ANZ
New ANZ Research model suggests dwelling price growth will slow but stay positive for 2018.
09 Jan 2018
When Mr Jones met Watanabe san…
Uenishi Hideo | Head of Retail and Wealth Japan, ANZ
Japan’s economy may finally be on a sustainable rise – but the country still needs to diversify its asset allocation.
08 Jan 2018
IN CHARTS: best yet to come for Indonesia
Ronny FRM | Director Loan Syndications & Specialised Finance, PT Bank, ANZ Indonesia
A look at Indonesia’s broader economy reveals room for improvement across GDP.
13 Dec 2017
Asia’s $US-bond boom is just getting started
Trends which have driven record-breaking growth in $US bonds in the region are set to continue into 2018.
08 Dec 2017
Will the pillars of growth hold in 2018?
Richard Yetsenga | Chief Economist, ANZ
Growth has strengthened in 2017 but we expect some moderation throughout the New Year.
07 Dec 2017
Foreign buyers not to blame for house prices
Daniel Gradwell | Associate Director - Property, ANZ
Foreign property buying in Australia has not been the main cause of rapid price growth.
07 Dec 2017
New world order: threading the policy needle
Tony Walker | Author and Political Analyst
Australia’s Foreign Policy White Paper makes progress in coming to terms with the new geopolitical reality.
06 Dec 2017
Is fintech Japan’s next Sony?
Andrew Cornell | Past Managing Editor, bluenotes
Japan may not be the highest-profile fintech market in the world but it is a particularly interesting one.
05 Dec 2017
Xmas ‘17: ho ho or ho hum for retail?
Mike Ebstein | Director, MWE Consulting
We look at what the data says about the upcoming peak retail season.
04 Dec 2017
Australia’s future in the unmeasurable economy
Alan Mitchell | Columnist, bluenotes
Labour productivity is in the doldrums and an uncomfortable future is lapping at our feet.
28 Nov 2017
Is the end of the ASX’s lost decade nigh?
Mark Rider | Chief Investment Officer, ANZ Wealth
Australian shares continue to underperform and company earnings may be to blame.
22 Nov 2017
Stateometer: a clearer picture
Cherelle Murphy | Senior Economist, ANZ
Strength in labour market, recovery in mining states sees convergence in ANZ Stateometer.
22 Nov 2017
The Japan, Australia business relationship: 1+1=3
Andrew Cornell | Past Managing Editor, bluenotes
The opportunity for corporate Australia and Japan to cooperate in third countries is large.
15 Nov 2017
Data vs the war stories in China
Andrew Cornell | Past Managing Editor, bluenotes
There’s always talk of failures in China, but the data suggest its appetite for foreign business will only grow – and quickly.
15 Nov 2017
Stars are aligning for Singapore growth
Khoon Goh | Head of Asia Research, ANZ
A long-awaited pick-up in business investment should sustain Singapore’s export momentum into 2018.
14 Nov 2017
Megatrends: the next 10 years vs last 50, Pt 2
Damien Klassen | Head of Investments at Nucleus Wealth
The long-term trends which carried markets over the last 50 years are ending.
13 Nov 2017
The China question
Philipp Ivanov | Chief Executive Officer, Asia Society Australia
Can China effectively pursue a political tightening agenda while implementing ambitious reform?
09 Nov 2017
Aus household debt continues to outrun income
David Plank | Head of Australian Economics at ANZ
Ultimately, higher interest rates will be required to bring household debt growth in line with income growth.
08 Nov 2017
New world order: the APEC paradox
Tony Walker | Author and Political Analyst
November’s APEC forum will be the first featuring an American President seemingly out of step with its founding principles.
23 Oct 2017
Megatrends: the next 10 years vs last 50, Pt 1
Damien Klassen | Head of Investments at Nucleus Wealth
A look at the relentless demographic and structural undercurrents which will drive markets in the future.
20 Oct 2017
Navigating the gig economy
Dr Wesley McClendon | Global HR executive, thought leader and executive director, McClendon Research Group, Inc (MRG)
The war for talent isn’t over- the talented have just left the building.
19 Oct 2017
The size of the Asian opportunity has doubled
Mark Hand | Group Executive Australia Retail and Commercial Banking, ANZ
The size of the Asian opportunity for Australian businesses has doubled in the last 12 months to $A278 billion.
18 Oct 2017
LONGREAD: China’s green shift and how Australia should respond
John A Mathews | Professor of strategy at MGSM, Macquarie University
China has adopted a new energy strategy with determination and ambition. Australia needs to position itself strategically.
16 Oct 2017
Kiribati’s story on the front lines
Mark Skulley | Freelance journalist
Kiribati's growth comes as the nation stares down the spectre of climate change.
13 Oct 2017
Scope for growth in NZ, ASEAN trade
Khoon Goh | Head of Asia Research, ANZ
NZ trade with ASEAN is growing but there are several potential areas it can be enhanced.
11 Oct 2017
NCCPC to likely see Xi’s vision for China’s future
Raymond Yeung & Betty Wang | Chief Economist Greater China & Senior China Economist, ANZ
China’s upcoming NCCPC is expected to see President Xi outline a new ideology for the country’s future.
10 Oct 2017
Why GDP and welfare are parting company
Richard Yetsenga | Chief Economist, ANZ
Something is up with wage growth around the world – and that something could be technology.
02 Oct 2017
INFOGRAPHIC: Growth, above trend but modest
Richard Yetsenga | Chief Economist, ANZ
A brief glance at the key points for markets and the global economy in calendar Q4.
25 Sep 2017
Political press releases: More than just words
Sharon Zollner | Chief Economist New Zealand, ANZ
New Zealand – not unexpectedly – has a hung parliament after the weekend election. What can the parties’ own words tells about how a coalition may form?
25 Sep 2017
Nine charts that tell the story of the housing market
Daniel Gradwell and Joanne Masters | Senior Economists at ANZ Research
The housing market is down but not out. Here are the charts you need to see.
19 Sep 2017
WA zooms in on Asia
Kathleen Jahour | Head of Regional Business Banking WA, ANZ
Budget initiatives could help to fuel renewed economic prosperity in WA’s regional areas.
18 Sep 2017
Growth backers: financing Asia’s rapid expansion
Carl Roberts | Head of ANZ Loan Syndications for South & Southeast Asia.
An infrastructure investment gap is opening up in Asia challenges regarding the availability and pricing of capital are increasing.
12 Sep 2017
Singapore: New Zealand’s open gateway to ASEAN
David Green | CEO Singapore and Head of South East Asia, India & Middle East, ANZ
New Zealand and Singapore have strong economic ties – but their joint ties to the region are vastly greater.
12 Sep 2017
Is Tasmania fit for purpose?
Chris Sparks | Regional Executive, Regional Business Banking Tasmania, ANZ
Ongoing investment required to stabilise and improve Australia’s healthcare system.
11 Sep 2017
Volatile times? Nobody told markets
Tom Kenny | Senior International Economist, ANZ
Conditions remain accommodative as markets keep calm despite geopolitical uncertainty.
04 Sep 2017
NZ votes: party leaders outline their vision to bluenotes
Julia de Blaauw | BlueNotes contributing editor
We speak to the leaders of the major NZ parties ahead of the upcoming vote.
31 Aug 2017
bluenotes debate: uncertainty & going green
Darren Thomson | bluenotes contributor
A panel of expert issuers and investors chat about the outlook and the trend of responsible issuance.
23 Aug 2017
Stateometer: keep on humming
Cherelle Murphy & Thomas Hounslow | Senior economist, ANZ & bluenotes data editor
Australia’s fortunes improve as housing construction keeps economies humming while labour markets and trade improve nationwide.
18 Aug 2017
China’s new digital dividend
Andrew Sheng & Xiao Geng | Distinguished Fellow at AGI & President, HKIIF
Sustaining rapid growth in China requires the country to keep moving up the global value chain.
10 Aug 2017
Wages, tech and the other half of the chessboard
Richard Yetsenga | Chief Economist, ANZ
We need to face the possibility tech has changed the fundamentals of growth.
10 Aug 2017
Fun in Japan on ‘Premium Friday’
Elizabeth Masamune | Managing Director of @Asia Associates Japan
It’s always a challenge to order an improvement in morale - as Japan has found out.
03 Aug 2017
$A: between a rock and a dark place
Narayanan Somasundaram | Economics & finance reporter
Iron ore and coal are having a surprising influence on the direction of the Australian dollar.
01 Aug 2017
Japan: emerging from the lost decades?
Grant Knuckey | Chief Executive Officer, Japan, ANZ
Evidence suggests pervasive deflation has ended in Japan and the country is moving into a new normal.
19 Jul 2017
NZ to stay on song
Cameron Bagrie | Chief Economist, New Zealand ANZ
Economic momentum in NZ is picking up but expect it to stay modest amid capacity restraints.
06 Jul 2017
Lessons learned from Asian crisis still at play
Khoon Goh | Head of Asia Research, ANZ
Twenty years on from the Asian Financial Crisis the saga still leaves scars.
04 Jul 2017
Exciting times for currencies ahead
Daniel Been | Head of FX strategy at ANZ
For currencies, there’s a steamroller coming – in the shape of liquidity.
04 Jul 2017
New world order: days of crises past
Tony Walker | Author and Political Analyst
In an environment unusually fraught for all sorts of reasons the G20 is under unique scrutiny.
30 Jun 2017
Q&A: BoE’s Carney on the role of business on climate
Francine Lacqua | Bloomberg
FSB chair chats to Bloomberg about climate and financial stability ahead of G-20 meeting.
26 Jun 2017
Five reasons a demographic time bomb is not looming
Richard Yetsenga | Chief Economist, ANZ
You can’t predict the future reading demographics alone, in a new report ANZ Research look into whether the ageing global population is sign of an alarming old age dependency ratio.
23 Jun 2017
Public sector announcement: we’re growing
Cherelle Murphy | Senior Economist, ANZ
Underlying public demand is offsetting some of the weakness from Australia’s slowing mining investment.
21 Jun 2017
China Australia: A marriage of more than convenience
Andrew Cornell | Past Managing Editor, bluenotes
The Australia China relationship is rarely out of the headlines – for better or worse. Both countries need each other.
13 Jun 2017
NZ Truckometer: up, up and ok
Sharon Zollner | Chief Economist New Zealand, ANZ
Latest reading suggests NZ economy still has plenty of momentum.
13 Jun 2017
New world order: fracturing consensus
Tony Walker | Author and Political Analyst
Australia seems to be cautiously sketching out a more independent role in a world where old certainties are being discarded.
09 Jun 2017
ChAFTA’s bright future
Alan Oxley | Managing Director, ITS Global
On the second anniversary of the China-Australia Free Trade Agreement economic engagement is already deeper and broader.
09 Jun 2017
Business must lead support for free trade
Shayne Elliott | Chief Executive Officer, ANZ
ChAFTA has delivered vast improvements for people and businesses and will continue to do so.
08 Jun 2017
China’s risk-profile shift in five charts
Raymond Yeung | Chief Economist Greater China, ANZ
China’s price-driven recovery which came on the back of the commodity super cycle is starting to lose steam.
06 Jun 2017
The Mekong’s demographic tailwind won’t last forever
Eugenia Victorino | Economist, ANZ
How long can the Greater Mekong region depend on a young workforce?
01 Jun 2017
The end of China’s bike cycle?
Sara Brocklesby | Manager, communications & media, University of Melbourne
After two decades of modernisation and motorisation, China’s green push could see bikes make a comeback.
31 May 2017
China’s not the worry – but Australia is
Richard Yetsenga | Chief Economist, ANZ
Don’t get fixated on China. Australia’s issues are more home grown.
30 May 2017
Challenges mount for Australian retailers
Narayanan Somasundaram | Economics & finance reporter
Consumers are tightening their belts as surging household debt forces them to rethink spending.
26 May 2017
Five key factors in the energy outlook
Daniel Hynes | Senior Commodity Strategist, ANZ
It may seem chaotic but big themes are emerging coal and energy markets.
23 May 2017
Under the hood of China’s AUM opportunity
Tim Moloney | Global Head, FX Investor Sales, ANZ
China’s asset-management sector expanded sixfold from 2012 to end 2016. The opportunity is massive and growing fast.
23 May 2017
What’s powering the lithium boom?
Helen Clark | Freelance journalist & former Asian correspondent
Some $A500 million in Chinese investment has seen a sevenfold increase in lithium mines in WA.
19 May 2017
Building regional Australia - post Budget2017
Simone Stella | bluenotes contributor
Jack Archer and Christine Linden sit down to dissect the emerging implications of the federal budget for regional Australia.
10 May 2017
Budget2017: growth ambition
Richard Yetsenga | Chief Economist, ANZ
The federal budget tries to balance spending with a creative search for revenue.
10 May 2017
Australian Commonwealth Budget 2017-18
bluenotes contributors |
Australia's Commonwealth Budget has been unveiled, with a focus on security, fairness and opportunity.
04 May 2017
China’s services transformation
Raymond Yeung, Kaushik Baidya & Kanika Bhatnagar | Chief Economist, Greater China, Economist & Junior economist at ANZ
China’s transformation into a services-led economy continues. In the first quarter of 2017 China reported stronger-than-expected headline gross domestic product data of 6.9 per cent.
04 May 2017
The Fed, perception and reality
Mark Rider | Chief Investment Officer, ANZ Wealth
When the US Federal Reserve raises interest rates we assume that means tighter financial conditions leading to a slower economy and knock-on impacts to the share market. However, reality is not quite that simple.
03 May 2017
The not-so-simple housing story
Richard Yetsenga | Chief Economist, ANZ
In her excellent and challenging book Happiness for All, Carol Graham uses the analogy of being stuck in traffic, with the lane next to you moving and yours not.
03 May 2017
Building a better future for Aus manufacturing
Christine Linden | General Manager, Regional Business Banking, ANZ Australia
Australia’s modern manufacturing sector carries with it an international reputation for quality and innovation.
02 May 2017
Aus budget 2017: what to expect
Cherelle Murphy | Senior Economist, ANZ
May’s Australian federal budget is being cast as one which will boost infrastructure spending and address ‘fairness’ including through housing affordability and university fee arrangements.
01 May 2017
Australia’s changing investment orientation
Greg Earl | Writer, editor and consultant
Australian investors had a little-appreciated coming-out party just over a year ago when they decided for the first time to put more of their money into South East Asia than New Zealand.
26 Apr 2017
The prognosis for Australia’s challenged GP sector
Francesca Rizzo | BlueNotes contributing editor
Australia's health sector is grappling with a variety of challenges including an ageing population and growing burden of chronic disease.
26 Apr 2017
Vanuatu’s rocky road to prosperity
Andrew Cornell | Past Managing Editor, bluenotes
From one of Port Vila’s ritziest streets, the address of consulates, local rich-listers and senior multi-national executives, the views out over the stunning blue Erakor Lagoon are spectacular. But the road to get to these residences is spectacular for all the wrong reasons: its potholes are so huge, ubiquitous and unavoidable anything less than a 4WD would be foolhardy.
24 Apr 2017
LONGREAD: overview of the Japanese pension fund market
Brett Cooper | Senior Trade Commissioner, Austrade
For more than half a century Japan has maintained a reputation as one of the world’s leading exporters of the highest quality manufactured products. But it also maintains a strong competitive advantage in another sector: capital.
13 Apr 2017
Under the waterline between China and Japan
Mark Skulley & Jim Skulley | Freelance journalist & Honours student in international relations at La Trobe University
One of Japan's foremost China watchers, Seiichiro Takagi, tries to look over the horizon when it comes to the South China Sea.
12 Apr 2017
It’s not all about millennials: consumers are ageing
Gina Westbrook | Director Strategy Briefings, Euromonitor
There’s never been a better time to be old – or to take advantage of the growing mature-consumer market. Life expectancy is rising around the world, having a major effect on consumer behaviour and the way business approach the market.
07 Apr 2017
PODCAST: Cross-border insolvency, a complicated beast
Leon Gettler | Veteran and highly regarded management journalist
Insolvency laws are different in every country and a lot of Asian businesses use offshore structures. Over the last decade, there have been moves to address growing complexity with a number of Asian countries updating their insolvency laws.
07 Apr 2017
Rising infrastructure to pick up mining’s slack
Daniel Gradwell & David Plank | Economist & Head of Australian Economics, ANZ
The decline in Australia’s mining-related investment has been well documented in recent years. There are still declines to come, but there’s good news: the drag on the economy from mining is steadily easing and other sectors are picking up the slack.
05 Apr 2017
Policy to provide temporary relief from property heat in China
Raymond Yeung & Betty Wang | Chief Economist Greater China & Senior China Economist, ANZ
Chinese property developers remain confident about the real estate outlook despite the government’s tightening actions – particularly as previous cooling measures have proved to be insufficient to tame property prices.
05 Apr 2017
Housing: boom or doom?
Andrew Cornell | Past Managing Editor, bluenotes
Australians love talking about property – how expensive it is but also how desirable. At the same time as affordability is at cyclical lows and household debt at highs, both major Australian media organisations have launched huge, glossy inserted marketing magazines wallowing in the allure of luxury property.
03 Apr 2017
Challenges for Chinese tourism growth should prove temporary in NZ
Philip Borkin & Sharon Zollner | Senior economist & Associate Director, ANZ NZ
New Zealand tourism is on a tear with no sign of slowing, driven by ever-higher numbers of Chinese tourists, right? Actually, not quite.
03 Apr 2017
Oil price forecasts up in the air
Narayanan Somasundaram | Economics & finance reporter
To hedge oil or not to hedge oil is the big question. Rising volatility accentuated by uncertainty on whether there will be an oversupply or shortage of oil is causing many a dilemma to companies for whom oil is a significant input cost.
31 Mar 2017
NZ: maturing like a fine wine
Cameron Bagrie & NZ Research team | Economists, ANZ
New Zealand has reached a mature stage in the economic cycle. Historically, sharp slowdowns have followed such periods - but ANZ research does not believe the cycle is about to roll over and expire.
29 Mar 2017
Inflation, not employment, now guides RBA on rates
David Plank & Giulia Lavinia Specchia | Head of Australian Economics & Economist, ANZ
A demand for increased duration, diversification and the rise of Asian liquidity are the biggest factors facing Australia’s capital markets sector as we head into the middle of 2017, according to the co-heads of capital markets at ANZ.
28 Mar 2017
Regional Aus: ready for the Asian trade horizon
Christine Linden | General Manager, Regional Business Banking, ANZ Australia
Agriculture has long been a cornerstone of Australia’s economy. As the sector again surges - or “saves our economic bacon” - after 28 per cent growth in 2016 and high expectations for 2017, we’re again reminded of its key place in our economic mix.
20 Mar 2017
Economics: too dismal for women?
Luci Ellis | Assistant Governor (Economic), RBA
Unfortunately both in general and for female students, economics is not exactly popular in Australia.
16 Mar 2017
Fed hike yesterday’s news, now for tomorrow
Tom Kenny | Senior International Economist, ANZ
The US Federal Reserve has raised interest rates as expected but all eyes are on the future as a slightly disappointed market reflects on what happens next.
14 Mar 2017
Trade machinations in Chile
Tony Walker | Author and Political Analyst
The world’s 45th largest economy, Chile is hardly the epicenter of the world trading system. But this week the South American country hosts an event which may prove to be of unusual significance for the global trading system, and for the countries of the Indo-Pacific in particular, including Australia.
09 Mar 2017
Single living, smaller: the reality of 2030
Jennifer Farmer | bluenotes production editor
By 2030 the size, location and demographics of households globally is set to change.
02 Mar 2017
Market outlook 2017: better but not great
Mark Rider | Chief Investment Officer, ANZ Wealth
The post-financial crisis environment has been described by a number of start-stop recoveries – signs of recovery emerge, markets respond, but then something short-circuits the improvement. In our view, however, there is little on the economic horizon to short-circuit the current recovery.
23 Feb 2017
Five key market themes to look out for in 2017
Mark Rider | Chief Investment Officer, ANZ Wealth
The headwinds of 2016 are behind us. As we look ahead, financial conditions and monetary policy all look supportive of growth but global political upheaval, trade uncertainty and a US economy already long in the tooth remain concerns.
21 Feb 2017
Losing AAA – what would it mean for bank interest rates?
Narayanan Somasundaram | Economics & finance reporter
No government wants the ignominy of a credit rating downgrade but for Australia, which sits at the top of the pile with a AAA rating from the major credit rating agencies, the pain for the government of the day would be acute.
16 Feb 2017
No, China will not save iron ore
Daniel Hynes | Senior Commodity Strategist, ANZ
Positive sentiment has crept back into iron ore markets amid weaker-than-expected export data from Australia and expectations of Chinese restocking. Our advice is not to get too excited - we still believe China will destock in the post-Lunar New Year period as proposed steel capacity cuts are delayed.
09 Feb 2017
Australia’s awkward post-TPP choice
Greg Earl | Ex-Japan Correspondent & Pacific Editor, AFR & Former Member of the Australia Japan Foundation board
Donald Trump’s abandonment of the Trans-Pacific Partnership (TPP) trade deal has left his Australian allies with an awkward choice.
06 Feb 2017
Is AAA a curse for the Australian economy?
Narayanan Somasundaram | Economics & finance reporter
The future of Australia’s AAA credit rating might be giving Prime Minister Malcolm Turnbull and his government a few sleepless nights but there is an argument which says losing the grade may be just what Australia needs to move out of its economic humdrum.
03 Feb 2017
Trade is dead; long live trade
Khoon Goh | Head of Asia Research, ANZ
The United States has made its decision and as a result, it looks like the end of the road for the Trans-Pacific Partnership (TPP).
24 Jan 2017
The regional Japan growth paradox
Andrew Cornell | Past Managing Editor, bluenotes
Speaking to the Australia and New Zealand Chamber of Commerce in Japan last week, ANZ chief executive Shayne Elliott quipped it was rare to speak at a multinational event where all the audience understood a rugby reference.
17 Jan 2017
LONGREAD: Fiji’s next tourism adventure
Mark Skulley | Freelance journalist
A stroll along Fiji’s famous beaches throws up a United Nations of accents, along with some dozing and the odd case of sunburn. Listen more closely, and you will hear plenty of Aussies, Kiwis and, to a lesser extent, Europeans.
13 Jan 2017
NZ Truckometer touches brakes; may indicate lane change for economy
Sharon Zollner | Chief Economist New Zealand, ANZ
The latest New Zealand Truckometer suggests current growth momentum in the country is very strong but the pace may be set to slow over the next six months.
13 Jan 2017
Globalisation in the rear-view mirror in 2017
Richard Yetsenga | Chief Economist, ANZ
To understand the logic of US President-elect Donald Trump’s sharp breaks with Republican orthodoxy—threats of tariffs on US companies moving jobs abroad, treating the decades-long One China policy as a bargaining chip—you need to remember how technology enabled a very specific passion for the past to become kingmaker in US politics.
23 Dec 2016
Cleaning up trade’s dirty laundry
Abhishek Vyas | Associate Director Trade Products, ANZ
Behind the simplest handbag, pair of trainers or item of clothing could be a complex web of money laundering and criminal gangs.
20 Dec 2016
Who matters more to Australia, the US or China?
Helen Clark | Freelance journalist & former Asian correspondent
The US is Australia’s top investor, not China. What impact will that have on the Australian economy in January when Donald Trump becomes President? BlueNotes looks at US investment in Australia and how this fits into the Asian Century.
16 Dec 2016
Outlook: economies, currencies and commodities in 2017
Andrew Cornell | Past Managing Editor, bluenotes
A recent drop into negative growth in Australia will not be enough to keep the economy from growing above trend in 2017, while growth in the Asia Pacific regions will be limited by developments in the US and China.
12 Dec 2016
Fiji: the Pacific hub in the Asia Pacific
Mark Skulley | Freelance journalist
Nowadays, the concept of the ‘Asia-Pacific’ is on the lips of everybody in officialdom.
06 Dec 2016
Trump’s age of uncertainty
Tony Walker | Author and Political Analyst
Donald Trump did not take long to unsettle relations with China and raise questions about a Trump administration’s commitment to a ‘one-China’ policy, a cornerstone of American diplomacy since the days of Richard Nixon and Henry Kissinger.
25 Nov 2016
India: it’s time to look west
Richard Yetsenga | Chief Economist, ANZ
We often hear India is a country of great potential. But what is really being said is India has the resources, people and raw materials for success – if only it could get its act together. Finally that appears to be happening.
22 Nov 2016
Darwin and the saltwater people
Andrew Cornell | Past Managing Editor, bluenotes
Darwin’s strategic location as a trading port is no secret to the Larrakia people, the original custodians of the land and waters around the Northern Territory capital.
21 Nov 2016
The emerging Trump world order
Tony Walker | Author and Political Analyst
The Chinese word for crisis embraces the characters signifying danger and opportunity. Any reasonable consideration of a Donald Trump presidency must anticipate a period of considerable uncertainty well into 2017.
18 Nov 2016
NZ, Aus part ways on employment
Sharon Zollner | Chief Economist New Zealand, ANZ
If you’re waiting for net migration in New Zealand to fall sharply you may be waiting a while.
09 Nov 2016
yetsenga-trump-triumph-no-brexit
Phoebe O'Sullivan | BlueNotes contributing editor
Despite a global market slump following Donald Trump’s triumph in the US presidential race, ANZ Chief Economist Richard Yetsenga says this will not necessarily be the negative event many are expecting even though it reigned in the prospects of the Fed raising rates in December.
08 Nov 2016
How far we’ve come: 30 years of change in NZ
Sophie Speer | BlueNotes contributing editor
In just three decades, the economic landscape in New Zealand has changed irrevocably. This infographic spells out the biggest shifts.
25 Oct 2016
NZ housing: she’ll be right?
Sharon Zollner | Chief Economist New Zealand, ANZ
The Reserve Bank of New Zealand’s most recent M10 housing report shows the value of New Zealand’s housing stock (capturing changes in both the price and the number – and quality – of houses) increased in the June quarter to $NZ 959,850 million, or 381 per cent of nominal GDP. Australia has followed a very similar trajectory.
21 Oct 2016
Gold, the shining yellow: an Indian perspective
Tarun Gulabani | Senior Relationship Manager, ANZ
India is a country with 1.25 billion people and a large savings culture. It may be a broad generalisation that Asians are big savers but Indians live up to the reputation. And they save in different assets to elsewhere in Asia – particularly in gold.
18 Oct 2016
Singapore’s quiet Aus property portfolio
Rohit Mohindra | Head of Commercial Real Estate Singapore, ANZ
Singaporeans are avid property investors, both individually and at an institutional level, within Singapore and globally. They have a shrewd eye for returns and Australia is a major focus, as indeed it is for other Asian and global investors.
12 Oct 2016
ASEAN trade path clear: ministers
Anna Green | CEO Philippines, ANZ
As the world gathered in Laos in September for the ASEAN business summit, an increased interest in developing stronger, more tangible relationships with ASEAN bloc countries among senior global leaders became clear.
11 Oct 2016
NZ v Aus: know when to hold ’em
Sharon Zollner | Chief Economist New Zealand, ANZ
For central banks, it’s all about knowing when to hold ‘em .
07 Oct 2016
The long, long – long – commute
Chris Kelly | Award winning artist
We spend a lot of time on the way to work – by foot, by public transport or stuck in traffic. But exactly how much time?
05 Oct 2016
The next recession is inevitable
Rob Molyneux | Group General Manager Risk Metrics & Infrastructure, ANZ
Glenn Stevens retired from the Reserve bank of Australia in September, warning the country risks lulling itself into a false sense of security by constantly retelling the “25-years-without-a-recession” narrative.
05 Oct 2016
The four key consumer trends for 2017
Lisa Holmes | Senior Survey Analyst, Euromonitor International
In 2017 the most successful business will be the ones which capitalise on developing consumer trends.
19 Sep 2016
LONGREAD: silver linings over the Swan
Helen Clark | Freelance journalist & former Asian correspondent
Western Australia has been hit with a sharp economic downturn as the Australian economy adjusts to the transition away from the mining boom. The top-ranked state economy in Australia just two years ago, WA now sits at number seven, above only struggling Tasmania.
16 Sep 2016
China spreads its RMB wings
Daniel Everett | Global Head RMB Strategy & Execution, ANZ
Move over dollar, euro, pound and yen, there is a new player in town flexing its muscle and keen to dominate global currency flows. That at least was the plan of the Chinese authorities when it comes to internationalising its currency, the renminbi (RMB), for the best part of the last decade.
15 Sep 2016
Four economic postcards from the US
Mark Rider | Chief Investment Officer, ANZ Wealth
In the middle of the most volatile presidential election in a generation, the global gaze on the United States of America has rarely been so intense. Inevitably, this will affect the economy but what is going on behind the headlines and controversy?
13 Sep 2016
The negativity of negative interest rates
Andrew Cornell | Past Managing Editor, bluenotes
One of the key things banks do is borrow money for short periods of time and lend it out for long periods - maybe take deposits for three months and make home loans for 20 years. It is what is called ‘maturity transformation’ and when all goes well, it’s a profitable business.
05 Sep 2016
Housing affordability, eh?
Sharon Zollner | Chief Economist New Zealand, ANZ
If you’re lucky enough to own your own slice of heaven in the land of the long white cloud you should consider yourself so.
26 Aug 2016
Evolving global risks and the challenge of reform
Dr Martin Joy | Senior Manager Public Policy, ANZ
With Brexit’s political and economic disruptions continuing to unfold, the latest Global Risks Report from the World Economic Forum makes for eerily prescient reading.
22 Aug 2016
Why unaffordable housing costs us all in the end
Jean-Paul Pelosi | Freelance journalist
If affordable housing is crucial to the success of our society, instilling a sense of security and well-being, then cities like Sydney and Auckland are failing miserably.
19 Aug 2016
The case for climate and electricity policy integration
Dr Tim Nelson | Head of Economics, Policy and Sustainability, AGL & Adjunct Associate Professor, Griffith University
South Australia’s energy market has been the subject of much debate lately. But why? There is little doubt the state is in the vanguard of incorporating large volumes of renewable energy into its supply. The state’s current peak electricity demand is around 3,000 megawatts (MW).
16 Aug 2016
How much is too much bank capital?
Andrew Cornell | Past Managing Editor, bluenotes
It’s indisputable the level of core capital banks must carry is rising higher and higher; nor is it in dispute capital was too low when the financial crisis hit. Indeed, some prominent authorities, including former Bank of England governor Mervyn King and Financial Times columnist Martin Wolf, believe in even higher levels of capital.
12 Aug 2016
ASEAN as important as ever: Bishop
Anna Green | CEO Philippines, ANZ
The ASEAN region remains an enormous opportunity for Australian investment and one that will continue to grow as regional policy changes take effect, according to Australian Foreign Minister Julie Bishop.
09 Aug 2016
Five reasons electronic voting faces big hurdles
Paul Edwards | Manager Operations Strategy, ANZ
In the aftermath of the 2016 Australian federal election a renewed discussion emerged about electronic voting in future ballots. The primary argument is such a move would accelerate the counting of votes and reduce the period of uncertainty following on polling day.
09 Aug 2016
Heavy traffic detour for NZ truckometer
Sharon Zollner | Chief Economist New Zealand, ANZ
An abrupt 5.7 per cent fall in ANZ’s Heavy Traffic Index in July runs counter to almost all other economic indicators and anecdotes, warning an economic slowdown may loom.
08 Aug 2016
A tale of several cities (in NZ)
Sharon Zollner | Chief Economist New Zealand, ANZ
The Reserve Bank of Australia cut the cash rate to a record low last week but banks passed on only half of it at a retail level. A similar outcome is likely in New Zealand this week should the RBNZ follow suit, with bank funding costs having risen sharply this year.
04 Aug 2016
LONGREAD: Timor-Leste, Australia's northern exposure
Mark Skulley | Freelance journalist
Thirsty visitors to Timor-Leste might expect the dominant beer will be Indonesia's top-selling drop, Bintang.
02 Aug 2016
Why a British platform wants Japanese soccer (and what it means for chicken sandwiches)
Terrie Lloyd | CEO, Japan Travel KK
In July a Japanese organisation sealed what is probably the biggest online-content sales deal in the nation's history. It wasn't an anime sale, nor was it some massive multiplayer online game licensing.
26 Jul 2016
Will Japan hit the economic alarm or snooze?
Grant Knuckey | Chief Executive Officer, Japan, ANZ
Brexit was a shock for Japan. But it was I would argue a wake-up call. What to make then of the Japanese government’s surprisingly strong performance in the latest elections? The snooze button or a second alarm?
19 Jul 2016
The mood doesn’t match the facts - and promise - of Townsville
Andrew Cornell | Past Managing Editor, bluenotes
From Castle Hill, the 300-metre pink granite monolith looming over Cleveland Bay and spectacular Magnetic Island, the city of Townsville looks a like it should be a flourishing economic centre.
14 Jul 2016
Brexit: the five stages of grief
Andrew Palmer | Head of FIG Australia, ANZ
The wounds – economic and political – are still raw from Britain’s vote to leave the EU. The global financial system continues to be under close observation.
11 Jul 2016
Nostalgia and the challenge of ageing
Andrew Cornell | Past Managing Editor, bluenotes
Nostalgia is a beguiling, often sepia-toned wistfulness about a kinder, simpler past. It’s more prevalent the older we get. And advanced economies around the world are getting older.
07 Jul 2016
Brexit, Japan and Mrs Watanabe's granddaughter
Grant Knuckey | Chief Executive Officer, Japan, ANZ
Brexit has hit Japan. But there are both acute and chronic aspects of the contagion and the longer-term issues go far beyond Britain and even the EU.
01 Jul 2016
How behavioural economics explains the Brexit
Dr Martin Joy | Senior Manager Public Policy, ANZ
If the Brexit – the UK’s decision to leave the European Union - doesn’t seem rational, you may be right.
01 Jul 2016
BlueNotes on the Brexit: full coverage
bluenotes contributors |
Britain has voted to leave the European Union, upending markets and raising questions about the global economic outlook reaching all the way to the Asia-Pacific.
01 Jul 2016
Brexit does not change the global growth outlook
Mark Rider | Chief Investment Officer, ANZ Wealth
The market reaction to the news Britain has voted to leave the European Union has been strong –not unsurprisingly given markets expected the vote to swing the other way.
30 Jun 2016
Brexit: does the market even care about AAA anymore?
Sean Keane | Founder & Managing Director, Triple T Consulting
Back in the early 1990s the growing size and volatility of the FX market became an increasing concern of regulators as more and more participants began trading in larger size.
28 Jun 2016
Can you bank on brexit?
Andrew Cornell | Past Managing Editor, bluenotes
There are two particular groups devastated by Brexit: British pollsters and Japanese policymakers.
27 Jun 2016
What the Brexit fallout means for APAC
ANZ Research |
The UK’s unprecedented decision to leave the European Union has sparked a dramatic flight to safe haven assets and currencies. The initial reaction was pronounced but is now moderating, although it will take time to settle.
23 Jun 2016
Innovation in Australia: how safe is the safe harbour?
Samantha Kinsey & Tony Troiani | Restructuring & Insolvency Partners, King & Wood Mallesons
'Innovation' has been the buzzword of the Turnbull Government in Australia and there is no doubt it, along with entrepreneurship, is central to economic growth, job creation and future prosperity.
20 Jun 2016
VIDEO: Could Australia face a services-led labour shortage?
Andrew Cornell | Past Managing Editor, bluenotes
Australia’s transition to a services economy will force businesses to reassess internal management practices as demand for labour surges in the lead up to 2030, according to ANZ’s Acting Chief Economist Richard Yetsenga.
20 Jun 2016
Business, get creative: a labour shortage looms by 2030
Toby Roberts & Richard Yetsenga | Former Director Business Management & Chief Economist, ANZ
We know Australia’s population is ageing. We also know Australia’s economy is increasingly reliant upon the service sector. But few of us are thinking about the way these things collide.
08 Jun 2016
Round and round the circular economy
Sarah Boumphrey | Head of Strategic, Economic and Consumer Insight, EuroMonitor International
Modern consumers are reassessing their priorities and increasingly asking themselves what they truly value. They are asking questions like ‘Why own something that you only use sporadically?’ And ‘Why pay for space you don’t use?’
01 Jun 2016
Why we need to open up the north
Mark Hand | Group Executive Australia Retail and Commercial Banking, ANZ
Asia’s consumer revolution demands an appropriate-sized response. Amid variable conditions in Australia’s northern region, the right kind of response and development could see the area grow into a valuable business, trade and investment gateway to the rest of the country.
18 May 2016
Stateometer: momentum subsides
Kirk Zammit | Former Economist, ANZ
Economic activity across Australia’s state and territories moderated over the year to March 2016. Slowing momentum is evident across the east coast, driven largely by a cyclical slow-down in employment and housing.
04 May 2016
ANIMATION: The Australian Commonwealth Budget, explained
Felicity Emmett | Senior Economist, ANZ
Economic forecasts in the 2016-17 Australian Commonwealth Budget reflect the new normal for the Australian economy.
04 May 2016
INFOGRAPHIC: Winners and losers of the 2016-17 Australian Commonwealth Budget
Felicity Emmett | Senior Economist, ANZ
The 2016-17 Australian Commonwealth Budget has landed and as is the case in all years, some have benefited more than others.
04 May 2016
Australian Commonwealth Budget 2016-17: it’s a balancing act
Richard Yetsenga | Chief Economist, ANZ
With constrained public finances, hovering ratings agencies, and an interest rate cut emphasising economic fragilities, this year’s Australian Commonwealth Budget was always going to be a difficult balancing act. For the most part, it is a reasonable document.
04 May 2016
Australian Commonwealth Budget 2016-17: the balancing act
ANZ Research |
Australia's Commonwealth Budget has been unveiled, with a focus on setting the economic agenda, reducing the company tax burden and structural challenges.
03 May 2016
VIDEO: The key to the Australian Commonwealth Budget in just 120 seconds
Jo Masters | Senior Economist, ANZ
The 2016-17 Australian Commonwealth Budget helps address some of Australia’s structural challenges, ANZ Chief Economist Richard Yetsenga says, including the taxation of superannuation and the global services trade.
27 Apr 2016
It’s not the best of times. But not the worst either – mixed messages on the economy
Andrew Cornell | Past Managing Editor, bluenotes
The global economy continues to splutter with the International Monetary Fund once again downgrading its outlook (although still expecting growth) and a swarm of central banks expressing similarly gloomy views.
20 Apr 2016
Stateometer: NSW continues to outperform
Kirk Zammit | Former Economist, ANZ
The New South Wales and Victoria economies continued to grow at above trend rates in February, with NSW outperforming. While momentum appears to have eased in the two largest economies, this is not surprising as it follows a strong second half of 2015.
19 Apr 2016
Vietnam, its new regime and the regional trade landscape
Helen Clark | Freelance journalist & former Asian correspondent
Vietnam’s national congress ended in January. The five-yearly event decides the course of the nation and all top appointments. Politically they are of course intriguing but the latest could have a marked effect on the prospects for economic reform in the South-East Asian nation.
18 Apr 2016
The new world for Australian corporate treasurers
Alan Huse | Head of Transaction Banking, Australia and Papua New Guinea, ANZ
The boom times are over for corporate treasurers in Australia. After a decade of relative ease, there is now a heavy focus on cost management and efficiency as the economy shifts. Meanwhile, the global nature of business is increasing the importance of an international perspective, especially when it comes to Asia.
15 Apr 2016
Three keys to Chinese banking reform – and what it might mean for Australia
Shayne Elliott | Chief Executive Officer, ANZ
ANZ chief executive Shayne Elliott is in Beijing for the Australia-China CEO Roundtable and Australia Week in China. He believes reform of the financial system is essential for China’s continued development and this is an edited transcript of a speech he gave on the subject.
12 Apr 2016
Educating for a fragmented future in NZ
Tim Murphy | Journalist and Former Editor, New Zealand Herald
The predictions are startling: a 15 year-old today should expect to have 17 different jobs in five sectors in his or her working life. Two-thirds of the tertiary study currently being undertaken is towards jobs which soon won’t exist. Three-quarters of all new jobs will require science, maths or technology proficiency.
11 Apr 2016
Why a shared approach to sanctions is best
Mark Evans, Guy Boyd & Dinesh Anand |
Of all the fines levied against financial institutions in recent years, those imposed on HSBC and BNP Paribas for breaches of sanctions and related financial crime breaches, totalling over $US10 billion, are perhaps the most notable.
05 Apr 2016
What leverage really means for banks
Andrew Cornell | Past Managing Editor, bluenotes
Banks are leveraged plays on economies because they lend their capital many times over. So when economies are strong, banks perform even more strongly.
05 Apr 2016
The damage quantitative tightening has done
Greg Peacock | Chief Investment Officer, NZAM
There has been a significant change in global liquidity conditions during the past six months or so.
04 Apr 2016
BlueNotes debate: How much damage can disruption do?
Andrew Cornell | Past Managing Editor, bluenotes
BlueNotes Debates bring together important voices across the business, economic and social spectrum to thrash out where the issues lie. Managing editor Andrew Cornell recently chaired a forum of regional corporate advisory, restructuring and administration professionals. After debating their particular take on the outlook for 2016, the discussion turned to the impact of digital disruption.
01 Apr 2016
Data: the fertiliser for agribiz growth
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
Big data and analytics are big news. The opportunities data analytics present for the global agricultural sector are astonishing yet in many ways they are just the next step in a process which has been happening for centuries.
31 Mar 2016
The other impending oil crisis
Alex Kewley | Director, Client Insights & Solutions, ANZ
While most eyes are focussed on the macroeconomic imbalance causing pushing oil prices below $US40 a barrel, elsewhere the real crisis for oil is accelerating with the adoption of autonomous electric vehicles.
30 Mar 2016
Japan's at a turning point – and that's a good thing
Andrew Cornell | Past Managing Editor, bluenotes
Japan has entered its third “lost decade" of economic malaise following the collapse of its bubble economy in the early 90s.
24 Mar 2016
Who's to blame for the slowdown in world trade?
Rodney Maddock | Adjunct Professor of Economics, Monash University
World trade is now growing at about half the rate it did before the global financial crisis. On viewing the data several questions immediately spring to mind.
16 Mar 2016
Stateometer: slight east-coast easing
Felicity Emmett | Senior Economist, ANZ
States on Australia's east coast eased slightly in the first month of 2016 according to the ANZ Stateometer, although trends remain broadly positive.
15 Mar 2016
Four burning questions about China, in charts
Raymond Yeung | Chief Economist Greater China, ANZ
Many questions remain about the state of China's economy amid shifting internal attitudes and ambitious strategic initiatives. Below are four burning (and illustrated) questions about the China's new normal.
04 Mar 2016
Germination in Aus grain industry
Christine Linden | General Manager, Regional Business Banking, ANZ Australia
The resurgence of rural and regional Australia is real. We are seeing fresh evidence of renewed confidence almost every week.
26 Feb 2016
Six Australian workplace megatrends of the future
Patrick Maes | Former General Manager Strategy & Planning, ANZ
Rapid technological changes provide a chance for Australia to commit to an innovative economy, but it won't happen unless we act.
23 Feb 2016
India vs the analysts
Alys Francis | Freelance journalist reporting on business and development across South Asia from India
Just as vigorous debate is underway in China over whether official data is painting a true picture of the economy and in Australia about unpredictable employment numbers, economists monitoring India are perplexed by seemingly conflicting information.
23 Feb 2016
Christchurch: off life support and beating again
Tim Murphy | Journalist and Former Editor, New Zealand Herald
It is just 1826 days since the Big One that threatened to break a community and an economy. Yet the businesses and people of the New Zealand city of Christchurch and the Canterbury region have put back many of the pieces of their home and work lives.
22 Feb 2016
BlueNotes debate: bears v bulls in 2016
Andrew Cornell | Past Managing Editor, bluenotes
BlueNotes Debates bring together important voices across the business, economic and social spectrum to thrash out where the issues lie. Managing editor Andrew Cornell recently chaired a forum of regional corporate advisory, restructuring and administration professionals to debate their particular take on the outlook for 2016.
17 Feb 2016
Stateometer: stars in the east
Cherelle Murphy & Kirk Zammit | Senior Economist & Former Economist, ANZ
An exceptional second half has left Australia's eastern states in a strong position to combat what is likely to be a tough 2016, according to the latest ANZ Stateometer, with New South Wales and Victoria the standouts.
16 Feb 2016
The line between enough and too much (of other people's money)
Harrison Young | Banker, company director & novelist
John Kay has just been in Australia promoting his new book, Other People's Money – Masters of the Universe or Servants of the People? Thanks to the Grattan Institute, he and I were recently interviewed in front of a couple of hundred people.
12 Feb 2016
Quality, quality and other secrets to export success in Asia
Tania Chapman | Chair, Citrus Australia
Australian food is high quality but with quality comes heightened production and exportation costs. Indeed, Australia has some of the highest costs of production anywhere in the world - but you get what you pay for.
07 Feb 2016
BlueNotes debate: super innovation in superannuation
Andrew Cornell | Past Managing Editor, bluenotes
Australia has the fourth-largest pool of pension savings in the world and now a government which recognises innovation as critical to economic well-being. So how can we ensure these funds are used to support Australian innovation in a way that supports both industry and super balances?
04 Feb 2016
Right place, right time: the global trade environment in 2016
Tim Harcourt | Author, The Airport Economist
The Trans-Pacific Partnership (TPP) which covers 40 per cent of the global economy is soon to be signed by Trade Ministers in Auckland before going to each signatory's respective parliaments.
03 Feb 2016
China's 'V' for recovery ahead
Raymond Yeung | Chief Economist Greater China, ANZ
China's economic landscape is changing as traditionally frantic sectors lose pace while others speed into a 'new normal' era. The cyclical decline of property investment continues to drag on overall growth but our forecasts suggest a V-shaped rebound is on the way.
02 Feb 2016
Hot food in a market of opportunity
Michael Whitehead | Executive Director for Agribusiness Industry Insights, ANZ
Over the decade to 2013, global investments in the food, beverage and agriculture (FB&A) sectors grew three-fold, topping $US100 billion in 2013. In that time, total return to shareholders of 100 major FB&A companies increased by an average of 17 per cent per annum.
28 Jan 2016
Taut, tanned and terrific: Australia's economy on Australia Day
Warren Hogan | Former Chief Economist, ANZ
Australia Day typically marks the end of summer and start of the calendar year for business downunder. Since breaking for Christmas, Australians have been more focussed on the cricket and tennis than on the economy and financial markets.
21 Jan 2016
Where is the world heading? China, Australian property and the global economy
ANZ Economists |
The economic world is a different place today than it was just a few weeks ago. Fundamentals remain steady but ructions on Chinese markets, Wall St and a New Year's offering of bleak news has a lot of people on edge.
20 Jan 2016
GDP no panacea for China
Li-Gang Liu | Former Chief Economist Greater China, ANZ
China's below forecast (but still impressive) gross domestic product figures are unlikely to still beating hearts in China which will continue to see heightened levels of market anxiety caused by RMB depreciation, capital flight and equity volatility.
20 Jan 2016
ANZ StateOmeter: broad-based gains
Cherelle Murphy & Kirk Zammit | Senior Economist & Former Economist, ANZ
Housing activity remains elevated around Australia and services industry growth is continuing, new research shows, although the momentum from property is likely to slow throughout the year.
18 Jan 2016
The soft power (and big business) of sport in APAC
James Rose | Freelance journalist, Newsmodo
The likes of Nike, Under Armour and Adidas have a new name with which to contend: China's Wanda Group is moving some heavy weaponry into the global sports branding and marketing sector and is looking to blitz the big boys.
18 Jan 2016
Auckland, the underrated jewel of APEC
David Walker | Director, PWC
Sydney may have the harbour views and Melbourne the lifestyle but new research shows Auckland is the APEC city with both - and more.
11 Jan 2016
The next four quarters – where to from here?
Sally Reid | Global Head of Institutional Portfolio Management, ANZ
“For last year's words belong to last year's language
And next year's words await another voice".
- “Little Gidding", TS ELIOT
04 Jan 2016
How to defend against the rising tide of corruption
Mark Evans & Freya Hone | Managing Director Transaction Banking & General Manager Compliance, ANZ
From Lance Armstrong to Executives at FIFA and the International Olympic Committee, the modern sporting world has been rocked by stories of corruption. But according to research from PwC the problem is more widespread than sport - and rising quickly.
17 Dec 2015
When will the Fed move next?
Tom Kenny | Senior International Economist, ANZ
The US Federal Reserve has tightened its monetary policy position for the first time in nearly a decade in a move reflecting little change in the central bank’s policy but greater consensus among its members.
16 Dec 2015
Stateometer: multi-year highs
Kirk Zammit & Cherelle Murphy | Economist & Co-Head of Australian Economics at ANZ
New South Wales, Victoria and Queensland are all at multi-year highs for economic activity according to the latest ANZ Stateometer on the back of improved nation-wide business conditions, but downside risks still remain.
09 Dec 2015
Commodities brace for tough 2016 in Asia
Mark Pervan & Paul Deane | Former Head of Commodity Research & Former Senior Agriculture Economist, ANZ
The traditional year-end recovery for global commodities remains unlikely in 2015 and the situation in Asia is no different. All signs point to a similarly tough time in 2016.
23 Nov 2015
NZ or Australia – who is the luckier country?
Bernard Hickey | Publisher at Hive News
For at least three decades New Zealanders have quietly lamented their lack of 'luck' when it came to natural resources and the performance of their economy relative to the 'lucky country' – Australia.
23 Nov 2015
Inflation globalises, Australian inflation falls
Joanne Masters | Former Senior Economist, ANZ
An increasingly integrated world is delivering increasing uniformity in inflation across geographies. In part this reflects the commodity price cycle (notably oil) but there is evidence domestic inflation pressures are becoming more sensitive to global forces in a more integrated globe.
18 Nov 2015
Stateometer: Qld on the up
Kirk Zammit & Cherelle Murphy | Economist & Co-Head of Australian Economics at ANZ
Economic rebalancing is continuing slowly throughout Australia despite a downturn in resource construction, according to ANZ's latest 'Stateometer', with Queensland a big improver among the states.
04 Nov 2015
Can Australia meet Asia's growing dairy demand?
Mark Bennett | Head of Aus Agribusiness, ANZ
LCD televisions, fridges, vacuum cleaners. And milk. Milk may be white but it's not your typical white good. For Harvey Norman's Gerry Harvey however, the fit's just fine, thank you. It's a bet that makes sense given new ANZ data showing just how much the dairy industry will need to expand to meet growing Asian demand.
21 Oct 2015
Stateometer: property drives NSW and Vic
Cherelle Murphy & Kirk Zammit | Senior Economist & Former Economist, ANZ
The third edition of ANZ’s Stateometer continues to show Australia’s growth comes off the back of the big states NSW and Victoria. Together these states account for more than 50 per cent of the economy and in large part are fuelled by the surge in residential construction and strongly growing house prices.
12 Oct 2015
Hidden dragon in commercial property market
Jerry Ge | BlueNotes contributing editor
Despite the high profile of Asian, and particularly Chinese, investors in Australian residential property recently they have been playing a stronger but much lower-key role in the commercial property market. Could Chinese investors be the hidden dragon driving the market higher?
09 Oct 2015
Four fundamental concepts of the TPP
Tom Kenny | Senior International Economist, ANZ
After half a decade of negotiations the US, Japan and ten Pacific Rim nations finalised the Trans-Pacific Partnership this week. The specifics of the deal remain unknown, but we can assume the TPP will promote economic interaction between the 12 negotiating countries which represent 40 per cent of the world's GDP.
05 Oct 2015
Five ways to count the marriage equality boom
Cherelle Murphy & Mandeep Kaura | Senior Economist & Former Economic Statistician, ANZ
Marriage equality in Australia would bring economic benefits to the tune of at least $500 million in the form of additional expenditure related to weddings alone.
25 Sep 2015
Brace for rate cuts in 2016
Warren Hogan | Former Chief Economist, ANZ
Soft global growth will likely force the Reserve Bank of Australia to cut interest rates early next year, potentially taking the official cash rate to 1.5 per cent.
14 Sep 2015
From canoes to corridors: the Pacific trade story
Vishnu Mohan | Former CEO Pacific, ANZ
The Pacific was a very different place in the 1800s. It was a time following Captain James Cook's legendary expeditions, when colonial rivalries and empire building marked the beginning of the region's integration into the global scene.
14 Sep 2015
China worries overblown: Smith
Mark Skulley | Freelance journalist
ANZ CEO Mike Smith has labelled global concerns over the economic health of China overblown and says the bank has no worries over its exposure to the Asian giant.
11 Sep 2015
Why global growth is going nowhere
Warren Hogan | Former Chief Economist, ANZ
ANZ has lowered its global growth forecasts for 2016 and 2017 amid a number of restrictive cyclical and structural themes playing out across the world economy and warned there could be further downgrades ahead.
01 Sep 2015
Introducing the ANZ Stateometer: Big states pull away from the pack
Cherelle Murphy & Kirk Zammit | Senior Economist & Former Economist, ANZ
There are a lot of data out there telling us about how the economy is going. Building approvals, retail sales, the unemployment rate and consumer confidence are a few of the frequent indicators we are inundated with.
27 Aug 2015
Is it time to head for the exits? Economists make the call
Warren Hogan | Former Chief Economist, ANZ
'Meltdown' was the only word to describe this week's equities price action which combined with plunging commodity prices, led by sharp falls in oil prices, with the CRB index hitting a 13-year low, and near panic across many asset classes.
25 Aug 2015
What else is behind the fall in bank share prices?
Andrew Cornell | Past Managing Editor, bluenotes
Banks obviously will not escape the current market carnage but over the longer term, and across a range of international indices, they are being sold off more than broader markets.
11 Aug 2015
Foreign property buyers in NZ: how much is too much?
Bernard Hickey | Publisher at Hive News
There are moments in any public debate where a nerve is struck, when suddenly the issue becomes the thing everyone is talking about and triggers a shift in policy.
04 Aug 2015
Regulation: not enough lifeboats. Or too many?
Andrew Cornell | Past Managing Editor, bluenotes
Following the Titanic disaster – the shipwreck not the movie – the global shipping industry and governments vowed to make sea travel safer.
23 Jul 2015
Prepare for the LNG boom
Andrew Cornell | Past Managing Editor, bluenotes
Spiralling global demand has Australia facing a boom in its gas market similar to the ones seen in other commodities in past years, according to ANZ's head of commodity research, which could see LNG overtake iron ore as the main driver of Australia's exports in the export stakes and help push Australia's trade balance back toward the black.
09 Jul 2015
What went wrong with China’s market
Li-Gang Liu | Former Chief Economist Greater China, ANZ
Investor confidence is tumbling in China and with it the county’s share prices driven by what has been in our view a rapid deleveraging process. The saga, which has seen billions of yuan wiped off the market, provides participants and regulators with an invaluable lesson on risk and rational investing.
07 Jul 2015
The ageing elephant in the room
Bernard Hickey | Publisher at Hive News
It's the debate no politician, on either side of the Tasman, really wants to have: how can Australia and New Zealand afford their state-funded pensions as populations age and economic growth rates slow? And it's one increasingly relevant as countries around the region face maturing demographics.
30 Jun 2015
NZ coming off the boil
Bernard Hickey | Publisher at Hive News
There was a time through 2014 and early 2015 when New Zealand was dubbed a 'rock-star' economy to be envied and studied by its regional neighbours for its 'magic recipe.'
26 Jun 2015
Four themes dominating the thinking of American Corporate treasurers
Tareq Muhmood | CEO Korea & Managing Director Global Subsidiaries, ANZ
I spent the past week in the US talking to corporate treasurers of some of the leading companies in the world.
22 Jun 2015
It's seniors vs the RBA
Katie Hill | Strategist, ANZ
Reserve Bank of Australia assistant governor Christopher Kent issued a challenge last week. He said it would be useful to look at different types of households to understand whether the transmission of monetary policy through the Australian economy was becoming less effective. We've taken up that challenge.
22 Jun 2015
Infographic: the ChAFTA game changer
BlueNotes reporter |
With the China-Australia free-trade agreement officially signed, it's time for Australian businesses to sit down and work out how they can use the deal to evolve, diversify and take themselves into the Asian century.
12 Jun 2015
The unloved upsides of growth
Jason Murphy | Publisher, Thomas the Think Engine
I really love the life expectancy chart below. It shows humans are living much, much longer, an astonishing triumph that we celebrate not nearly enough. It also can be seen as an explanation of why economic growth is important.
02 Jun 2015
NZ's property pincer movement
Bernard Hickey | Publisher at Hive News
Wellington, New Zealand's capital, is a famously compact place. Politicians, bureaucrats and journalists regularly bump into each other walking up The Terrace and back along Lambton Quay on their way to and from The Beehive - the national parliament building - and the main ministries.
13 May 2015
Australian budget quick take: warm, fuzzy
Warren Hogan | Former Chief Economist, ANZ
The release of the 2015 Australian federal budget has seen the government maintain its path toward surplus, but at a slower pace than previously announced. The focus appears to be policy changes designed to give it a much warmer glow than last year’s ill-received effort.
08 May 2015
Budget headwinds both sides of the Tasman
Bernard Hickey | Publisher at Hive News
Australian Treasurer Joe Hockey looked longingly across the Tasman this week at New Zealand's tax system and its much-healthier Government finances but he is not the only one grappling with big economic headwinds in the quest for a surplus.
21 Apr 2015
Deflation – so what?
Sally Reid | Global Head of Institutional Portfolio Management, ANZ
Expansionary monetary policy - loose interest rate settings and quantitative easing - is fuelling asset price growth across global property, bond, equity and even art markets. According to The Economist, “the global art market is booming”, with sales at a record volume in 2014 while prices for contemporary and post-war art have risen by 19 per cent.
30 Mar 2015
Delivering on NZ's planet-sized trade ambition
David Green | CEO Singapore and Head of South East Asia, India & Middle East, ANZ
For a small country, New Zealand has enormous ambition when it comes to international trade. Our nation of four and a-half million people is a world leader in securing trade agreements.
24 Mar 2015
Negative rates, negative news
Andrew Cornell | Past Managing Editor, bluenotes
We are truly in an extraordinary environment when many real interest rates are negative – that is, inflation is higher than the rate being offered on securities like government bonds.
17 Mar 2015
The infrastructure catch – the answer is to unify and diversify
Brad Carr | Director, Institute of International Finance
The latest meeting of G20 Finance Ministers in Istanbul, focussed on growth and job creation, placed particular emphasis on infrastructure investment - not least with this year's G20 president being home to four of the world's 10 fastest growing cities.
12 Mar 2015
Behind the reform agenda of China's national congress
Li-Gang Liu | Former Chief Economist Greater China, ANZ
China's paramount policy setting confab, the National People's Congress, is in progress and has already delivered some key insights into the shape of the economy. The NPC will carry on into next week and official communications will be closely monitored by the market.
12 Mar 2015
Kiwi bosses more bullish
Bruce Hassall | CEO, PwC New Zealand
New Zealand's “rock star" economy may be peaking but its chief executives remain more optimistic than Australian – and global – peers.
10 Mar 2015
Aus job ads post ninth straight gain
Felicity Emmett | Senior Economist, ANZ
The labour market in Australia improved for the ninth consecutive month in February according to ANZ research, suggesting new labour demand is rising at a moderate pace.
10 Mar 2015
Kiwis, emus fly together
Tim Harcourt | Author, The Airport Economist
New Zealand is famous for its exports. Not just in lamb and dairy but also design, the arts and music. Kiwi women do very well. Think of teenage singer-songwriter sensation Lorde and Eleanor Catton, the youngest person ever to win the Booker prize.
03 Mar 2015
Under the blazing blue
Elizabeth Hayes | Dairy farmer
I miss the days when waking up to the sun brought the promise of fun, watersports and picnics. Now as the sun rises over the Hakataramea Valley, I see my husband wince as it teasingly shines on the greenish-grey, struggling grasses of our once-fertile and lush dairy farm. As a 'reformed' townie, it's taken some time to realise the full impact of what I used to call “The Perfect Summer".
25 Feb 2015
Australia’s major project spend in decline
Dylan Eades & Justin Fabo | Former Researchers, ANZ
The outlook for major project development in Australia has deteriorated, further evidence of a declining resource sector investment phase but also broader factors, notably lower commodity prices and a slower than expected pick-up in non-resource business investment.
20 Feb 2015
BlueNotes Debate – The Outlook for 2015 Part Two: Stress Points
Andrew Cornell | Past Managing Editor, bluenotes
BlueNotes Debates bring together important voices across the business, economic and social spectrum to thrash out where the issues lie. Managing editor Andrew Cornell chaired a forum of regional corporate advisory, restructuring and administration professionals to debate their particular take on the outlook.
16 Feb 2015
NZ could host a cricket World Cup parity party
Bernard Hickey | Publisher at Hive News
The potential for the New Zealand dollar to rise to parity with the Australian dollar is a powerful symbol of how the neighbouring economies have diverged over the last three months.
16 Feb 2015
The biggest economic threats looming in 2015
Nicole Franklin | BlueNotes contributing editor
Geopolitical instability is the biggest threat to the world economy in 2015, according to ANZ chief economist Warren Hogan. Hogan warns the recovery in the US economy must live up to expectations if the world is to improve.
11 Feb 2015
ANZ lowers iron ore forecasts below $US60
Mark Pervan | Former Head of Commodities Research, ANZ
Deteriorating conditions in the iron ore market have forced ANZ to lower its forecasts on the commodity to more normalised levels of below $US60 a tonne in 2015, taking almost a quarter from its previous expectations of $US77.
09 Feb 2015
Australian jobs ads maintain upward momentum
Warren Hogan | Former Chief Economist, ANZ
The eighth consecutive monthly rise in ANZ job ads is an encouraging sign that new labour demand continues to improve in certain sectors of the Australian economy.
05 Feb 2015
Six themes that will shape NZ’s economy in 2015
Cameron Bagrie | Chief Economist, New Zealand ANZ
After a lung-busting sprint in the wake of the global financial crisis, the New Zealand economy has settled into a quick trot. It’s firmly in expansion mode and it feels like the good times could last for quite a while.
03 Feb 2015
Global softness forced RBA to cut: Chronican
Andrew Cornell | Past Managing Editor, bluenotes
The numerous economic troubles facing the world, rather than any one large issue, played a role in the Reserve Bank of Australia’s decision to cut interest rates to a record low of 2.25 per cent, according to ANZ Australia CEO Phil Chronican.
03 Feb 2015
A new equilibrium in Indonesia
Indonesia is on the cusp of a new ‘golden era’ where the principal arms of economic policy in the country coordinate to implement new President Joko Widodo's development plan.
29 Jan 2015
Australian economy faces new pressures
Warren Hogan | Former Chief Economist, ANZ
With falling commodity prices, QE in Europe and low inflation figures – how is Australia placed for 2015? Warren Hogan explains.
28 Jan 2015
No need for rate cuts: Mike Smith
Mike Smith | Former Chief Executive Officer, ANZ
ANZ CEO Mike Smith has urged the Reserve Bank of Australia to hold fire on interest rates and expressed confidence in the health of the Australian economy.
21 Jan 2015
Central banks are losing their power
Richard Yetsenga & Sam Tuck | Chief Economist & Former Senior FX Strategist, ANZ
The Swiss National Bank not only roiled markets last week but potentially signalled the beginning of the end for the ability for central banks to calm markets.
15 Jan 2015
ANZ cuts Australian growth, rates outlook for 2015
Warren Hogan | Former Chief Economist, ANZ
ANZ has lowered its growth forecast for the Australian economy and have now factored in two 25 basis point rate cuts over the first half of 2015.
14 Jan 2015
Perfect Australian borrowing conditions
Martin Whetton | Former Senior AUD Rates Strategist, ANZ
For those looking to borrow, the renewed fall in interest rates has delivered near-perfect conditions.
12 Jan 2015
Market calls: a rate cut for H1?
ANZ Research |
A softer inflation outlook could give the Reserve Bank of Australia a little more wriggle room than previously anticipated to support business and consumer confidence and help grow the non-mining economy.
12 Jan 2015
Jobs demand continues to grow
ANZ Research |
There are fresh signs that labour demand is firming in Australia after the number of job advertisements in the country increased for the seventh consecutive month.
09 Jan 2015
Unlocking the potential of NZ’s red meat
Cameron Bagrie & Con Williams | Chief Economist & Agri Economist New Zealand, ANZ
Not all cows are alike. Nor sheep. Nor deer. Over the last two decades the gap between the top 20 per cent of red meat farmers in New Zealand's and the rest has doubled.
08 Jan 2015
Statsnack: Aus home building hits record levels
ANZ Research |
Home building approvals hit an all-time high in Australia in November on the back of a surge in plans for multi-dwelling constructions like apartments.
22 Dec 2014
How NZ’s growth engine can keep running
Mark Hiddleston | Managing Director Commercial & Agri ANZ NZ
Auckland's growth story is compelling. The region containing New Zealand's largest city is already home to one in three Kiwis and its population is expected to swell by 40 per cent to around two million by 2030.
22 Dec 2014
Where the Asia-Pac economy is going in 2015
Stewart Brentnall | ANZ Chief Investment Officer
It has been a mixed, sometimes volatile year for the global economy. The good news is ANZ expects 2015 to offer moderate gains in financial markets – albeit with increased volatility - as global economic growth grinds up a gear.
08 Dec 2014
Market calls: no cuts, no glory
ANZ Research |
The market reaction to soft domestic trade data released recently highlights the considerable economic challenges Australia still faces. While US activity remains strong, the third-quarter figures clearly demonstrate our domestic headwinds.
08 Dec 2014
Job ads mark six months of gains
ANZ Research |
The level of job advertisements in Australia have risen for the sixth consecutive month in November adding to growing momentum in Australia’s improving labour market.
04 Dec 2014
Statsnack: housing out of puff
ANZ Research |
A soft outlook for economic growth, ongoing job security concerns and sluggish household income growth will likely moderate house price growth in Australia during 2015.
03 Dec 2014
International investors now more comfortable with ANZ's Asia strategy
Shayne Elliott | Chief Executive Officer, ANZ
Shayne Elliott, ANZ chief financial officer, speaks with BlueNotes about how ANZ's strategy is being received internationally and why fund managers are increasingly engaged in Asia.
01 Dec 2014
ASEAN leads gender parity charge to drive economic growth
Eugenia Victorino | Economist, ANZ
Good news: economic participation within ASEAN is higher than the global average, according to a world Economic Forum report.
01 Dec 2014
Five reasons the China FTA is a game-changer
Mark Whelan | Group Executive Institutional, ANZ
At ANZ, we’re optimistic about the impact the free trade agreement (ChAFTA) between Australia and China is going to provide for a variety of businesses in Australia, and the nation more generally – for five reasons.
01 Dec 2014
Market calls: another 12 months on hold
ANZ Research |
The Reserve Bank of Australia is not expected to move on interest rates for at least 12 months after ANZ Research pushed back its forecasts for a rate rise until at least November 2015.
28 Nov 2014
Pirates, spies, soul stealers: the spiritual and economic transformation of yoga
Shaheem Black | Fellow, Australian National University
In the past decade the worldwide yoga industry has become a multibillion- dollar business. Yet, ironically, the one country where yoga does not yet thrive commercially is the very place from which yoga is thought to originate: India. Why should this be?
27 Nov 2014
StatSnack: is there a non-mining recovery?
ANZ Research |
The latest capital expenditure data from the Australian Bureau of Statistics continue to suggest the shift towards non-mining drivers of growth is occurring. The survey points to a rise in non-mining investment of just over 5 per cent in 2014-15 in nominal terms, while mining investment is expected to fall sharply.
27 Nov 2014
MoleHill to Mountain: What lies ahead for northern Australian agriculture?
Paul Deane | Former Senior Agricultural Economist
The mining investment boom has peaked. Not so agriculture, which for many is the “next boom”. Consumption of agricultural produce will not reach its peak in Asia for another 40 years. And the implications for the future of farming in Australia are huge.
26 Nov 2014
Tokyo’s 2020 vision
Michael Fitzpatrick | Tokyo-based freelance journalist
The 'Olympics Effect' is one of the most analysed of economic multipliers and like the sports themselves, the results run the gamut from spectacular to tragic. Montreal was infamously nearly bankrupted, Sydney enjoyed a pre-games surge before a decade-long hangover. London appears to have fared well - so far.
24 Nov 2014
Market calls: a lid on inflation
ANZ Research |
Low inflation remains a key theme in the world‘s strongest economy but that could be about to change in two of the world’s most important economic regions.
21 Nov 2014
Statsnack: caution on the wane
ANZ Research |
Consumer caution has been a feature of the Australian economic landscape for some time now, recognisable in higher-than-average deposits, mortgage repayments and household saving rate.
21 Nov 2014
There’s no housing bubble – yet: ANZ Research
Warren Hogan | Former Chief Economist, ANZ
ANZ’s chief economist Warren Hogan, in an overview of key concerns facing the Australian economy, looks at housing bubbles, the fall of the Australian dollar, interest rates and the China issue.
20 Nov 2014
Aus and NZ – trade deal leapfrog
Bernard Hickey | Publisher at Hive News
Prime Ministers John Key and Tony Abbott will be rightly satisfied with their APEC and G20 work after finalising long-delayed and much-needed trade deals with Korea and China respectively over the weekend.
20 Nov 2014
Statsnack: labour outlook brightens
ANZ Research |
Another round of employment data has again showed labour demand continues to trend higher in Australia, casting further doubt on the veracity of Australia’s official statistics.
18 Nov 2014
Mike Smith: China FTA deal worth the wait
Mike Smith | Former Chief Executive Officer, ANZ
There is a saying that good things come to those that wait. The free trade agreement between Australia and China, ten years in the making, has been well worth the wait.
17 Nov 2014
Market calls: Chinese game-changer
ANZ Research |
The big news this week is the Australia-China free trade agreement which, when announced, will reportedly exceed industry forecasts. It's expected the breadth of concessions made by China will benefit Australia to the tune of $18 billion over 10 years, surpassing estimates.
14 Nov 2014
StatSnack: the forgotten benefit of slow wage growth
ANZ Research |
The slowdown in Australian wages growth, while negative for household income and consumption, has broader economic benefits by reducing costs for businesses.
14 Nov 2014
The G20 can make a real difference – and not just for Brisbane
Mike Smith | Former Chief Executive Officer, ANZ
Most people living in Brisbane will be acutely aware that the G20 is coming to town. Whether it’s the festival that has seen the city bathed in lights as part of Colour Me Brisbane or today’s public holiday, it hasn’t been a normal working week.
13 Nov 2014
Too much red tape self-applied by business
Chris Richardson & Kristian Kolding | Partner & Director, Deloitte Access Economics
Red tape is choking national productivity and costing Australia $250 billion a year. There are too many rules and regulations.
12 Nov 2014
Iron ore will never recover former peaks
Shane White | Content Manager, Institutional, ANZ
If the iron ore market wasn’t tough enough already, there’s a new forecast out that will have mining executives turning in their sleep: iron will never pass the key $US100 a tonne threshold again.
10 Nov 2014
Market calls: don’t buy the jobs data
ANZ Research |
Recent developments in the labour market are expected to be a key driver of consumer spending, a factor many are looking at for the next step in Australia’s economic growth.
10 Nov 2014
Fieldays: a major player in assuring New Zealand’s economic future
BlueNotes reporter |
NZ Fieldays has become an unrivalled platform for showcasing NZ agricultural expertise and world leadership as well as demonstrating quantifiable economic impact.
07 Nov 2014
Commodity price falls unappreciated boon for ASEAN policy makers
ANZ Research |
Asian policy makers stand to benefit from commodity price disinflation as food and energy prices are plumbing the lowest levels since the great commodity inflation of 2005-08. They have their first opportunity to fundamentally revisit and unwind inefficient policies which effectively tax the allocative efficiency of their economies.
06 Nov 2014
StatSnack: growth data shrinks
ANZ Research |
Last week the Australian Bureau of Statistics released its annual national accounts data. While all economic data is old, these numbers are really old - although the data did offer a more accurate picture of 2013-14 from which forecasts for the coming year can be based.
03 Nov 2014
ANZ Research market calls: hard gains from soft Aussie dollar
ANZ Research |
The Australian growth outlook will be boosted by a softer Australian dollar amid changing expectations about US economic performance, according to ANZ research.
03 Nov 2014
Job ads grow for fifth month
Felicity Emmett | Senior Economist, ANZ
The volume of job advertisements in Australia rose for the fifth consecutive month during October, in further evidence the health of the country’s labour market is turning around.
03 Nov 2014
Asia’s forgotten giant: the sun rises again in Japan
Shane White | Content Manager, Institutional, ANZ
For nearly half a century, Japan was Australia’s number one trading partner. It is still number two. But you wouldn’t know that from much of what you read.
28 Oct 2014
The NZ brain drain turns to a trickle
Bernard Hickey | Publisher at Hive News
For decades, New Zealand has been a major exporter of people to Australia, a reflection of the relative economic performances of the Trans-Tasman neighbours and sometime rivals.
27 Oct 2014
Market calls: No hard China landing
ANZ Research |
China is unlikely to experience a hard landing and is likely to record a small improvement in momentum in country during the fourth quarter, according to ANZ research.
24 Oct 2014
Why iron ore prices are in the pits
Mark Pervan | Former Head of Commodities Research, ANZ
17 Oct 2014
Four observations from Mike Smith on markets and the economy
Shane White | Content Manager, Institutional, ANZ
ANZ chief executive officer Mike Smith spoke on a range of economic issues as part of The Australian & Deutsche Bank Business Leaders Forum in Melbourne on Friday.
16 Oct 2014
Hard slog ahead for the global economy
Warren Hogan | Former Chief Economist, ANZ
ANZ chief economist Warren Hogan has warned there is more hard work ahead for the global economy in the short to medium term with further challenges likely to moderate the pace of growth.
15 Oct 2014
The last of the flying-geese economies
Grant Knuckey | Chief Executive Officer, Japan, ANZ
CLMV? No, it’s not a luxury goods house - though it is increasingly fashionable. It's the acronym used to describe one of the world's most dynamic economic zones - the collective of Cambodia, Laos, Myanmar and Vietnam. These ‘Mekong 4’ are the up and comers to watch in the world’s most dynamic region.
13 Oct 2014
Where to now for NZ’s rock star economy?
Sharon Zollner | Chief Economist New Zealand, ANZ
Growth in New Zealand, dubbed the ‘rock star’ economy in early 2014, has gone from a gallop to a canter as the year has gone on, but a number of factors continue to provide underlying strength, according to ANZ Senior Economist Sharon Zöllner.
10 Oct 2014
StatSnack: it’s an investor’s housing market
ANZ Research |
Fears of valuation troubles in the housing market continue to be fuelled by growing property investor activity, which hit record levels in August.
06 Oct 2014
Job ads rise for fourth month
Warren Hogan | Former Chief Economist, ANZ
Employment growth in Australia registered its fourth consecutive monthly rise in September with job ads increasing 0.9 per cent, according to the ANZ job advertisements series.
03 Oct 2014
Why NSW is #1
ANZ Research |
If Australian policymakers had their way, there would be a smooth transition to non-mining sources of growth as the mining construction boom fades.
03 Oct 2014
Why the love for US-style BBQ is all about economics
Jason Murphy | Publisher, Thomas the Think Engine
These days, you can’t turn a corner without discovering some old Italian bistro or Chinese restaurant has turned into an American Rib joint.
02 Oct 2014
What the RBA can learn from the RBNZ
Bernard Hickey | Publisher at Hive News
Reserve Bank of New Zealand (RBNZ) Governor Graeme Wheeler has done it again; defying expectations to intervene in a market to overcome a problem he couldn't fix with conventional monetary policy.
01 Oct 2014
Cool for cats? A new dawn in the land of the rising sun
Tim Harcourt | Author, The Airport Economist
Are there really jazz festivals for pets in northern Japan? And how are demographics and changing gender roles affecting Japan’s economy and society? The Airport Economist explores modern Japan for himself in this excerpt from his new book, Trading Places.
01 Oct 2014
Five ways NZ should get back to business
David Hisco | Former CEO New Zealand, ANZ
With the most resounding mandate in living memory, what’s a third term National Party-led New Zealand Government to do?
26 Sep 2014
StatSnack: investors gear up on property
ANZ Research |
The Reserve Bank of Australia ramped up its rhetoric about the housing market this week and flagged the likely introduction of targeted macroprudential measures.
26 Sep 2014
The secret to better banking
Andrew Cornell | Past Managing Editor, bluenotes
Banking, according to ANZ’s CEO of International and Institutional Banking Andrew Géczy, is just as much about monetising insight as it about capital.
25 Sep 2014
Up in the air: what lies ahead for road transport?
Mark Ganz | Director Client Insights, ANZ
Drones, unmanned aerial vehicles, are one of the more spectacular risks facing the road transport industry. No longer just science fiction, with companies such as Flirtey in Australia and Amazon’s Prime Air in the US set to launch in 2015, it is easy to see that the transportation sector will need to evolve or get left behind on the ground.
24 Sep 2014
When will consumer confidence recover?
Shane White | Content Manager, Institutional, ANZ
There was a sense of puzzlement at the Spends and Trends conference on Wednesday, hosted by SMI and Mumbrella with the support of ANZ BlueNotes, and it centred on consumer confidence. Why hasn’t it picked up - and if it does, when will it flow through to the advertising and media market?
23 Sep 2014
Five reasons why investors will love the NZ election result
Bernard Hickey | Publisher at Hive News
At BlueNotes, we’ve already explained why business is the big winners of the NZ election. Today, we break down five reasons why investors are also set to benefit from the re-election of the National Party.
23 Sep 2014
Is there still value in bank stocks?
Andrew Cornell | Past Managing Editor, bluenotes
There is only one share price, just as there is only one official interest rate. But these truisms are easily forgotten when economists pore over data entrails to foretell the next central bank move.
23 Sep 2014
Don’t write off Chinese property: Mike Smith
Andrew Cornell | Past Managing Editor, bluenotes
ANZ CEO Mike Smith has defended the health of the Chinese property market, and warned against extrapolating small amounts of regional data and applying it across the country.
22 Sep 2014
Business the big winners of the NZ election
Bernard Hickey | Publisher at Hive News
Investors looking at New Zealand's election result from across the Tasman and up in North Asia should be breathing a big sigh of relief. They may even open a bottle of champagne or two at the re-election, for a third term, of a centre-right government with a strong mandate for economic reform.
19 Sep 2014
BlueNotes StatSnack: Rates react to US strength
ANZ Research |
Australian events were overshadowed on the local market this week by the US Federal Reserve which continued to signal interest rates in the world’s largest economy will stay low for some time.
17 Sep 2014
How mobile payment systems dodge the hackers
Craig Sims | Group General Manager Operations & Services, ANZ
When it comes to innovation in financial services, mobile payment systems are one of the big game changers. More and more customers are banking digitally.
16 Sep 2014
The main game in India-Australia trade
Tim Harcourt | Author, The Airport Economist
Prime Minister Tony Abbott surprised pundits last week when he put a free trade agreement between Australian and India on the table at a gathering in New Delhi. Among those most surprised was India itself, given that an FTA was barely mentioned in talks at that point, as the two U's - uranium and university students - dominated proceedings.
15 Sep 2014
The seven strangest things in the NZ election twilight zone
Bernard Hickey | Publisher at Hive News
Viewed from afar, New Zealand's election campaign and the possible outcome may seem downright bizarre.
15 Sep 2014
Data can’t stop $A capitulation
ANZ Research |
The Australian dollar declined sharply last week despite a wave of strong economic data. Surprisingly, the downward momentum in the currency was sustained in the face of extraordinarily strong Australian employment figures.
12 Sep 2014
NZ needs to build for the future
David Green | CEO Singapore and Head of South East Asia, India & Middle East, ANZ
The New Zealand economy has been one of the high performers among developed countries in recent times. But future growth is at risk of outpacing the country’s capacity. And the infrastructure plans that will help New Zealand capture this growth opportunity cannot all be funded from public sector sources.
11 Sep 2014
Australian small business following the US sector down – but can also learn from the US response
Amanda Gome | Former head of digital and social media, ANZ
BlueNotes recently revealed thats there has been a 30 per cent decrease in the number of start-ups in Australia in the last three years, from 342,753 in the 2010 financial year to 239,229 in 2013. That’s pretty big news. Add to that a decline in operating firms, and a big red flag should be waving.
10 Sep 2014
Where is all the cash?
Lance Blockley | Managing Director Consulting, RFi Group
Speaking at the BlueNotes-sponsored Australian Payments Innovation forum 2014, RFi managing director Lance Blockley produced this slide, which provides a fascinating insight into where Australian cash is actually held.
09 Sep 2014
Bank capital blow up
Andrew Cornell | Past Managing Editor, bluenotes
In Michelangelo Antonioni’s 1960s counter-culture classic Blow-Up, a hip photographer inadvertently captures what may be evidence of a murder in the background of a picture he’s taken.
09 Sep 2014
Push into Asia and beat the rush
Mark Whelan | Group Executive Institutional, ANZ
One theme dominated ANZ’s Opportunity Asia lunch last week in Melbourne, co-hosted with The Australian Financial Review. That theme was: is now the best time to expand in Asia?
08 Sep 2014
What do activist shareholders have in their sights?
Alberto Colla | Corporate Partner, Minter Ellison Melbourne
Activist shareholders are a permanent force in security markets today, but their motives and strategies are not always identical. But there are three areas on which institutional shareholders and dedicated engagement funds are most likely to focus their activist activities in the current financial year.
08 Sep 2014
Job ads jump again in August
Justin Fabo | Former Senior Economist, ANZ
A solid gain in the number of job advertisements in August suggests conditions in the labour market are improving slowly, according to the ANZ job advertisements series, Australia’s leading employment and economic activity indicator.
05 Sep 2014
Phil Ruthven: Five things to think about Asia
Phil Ruthven | Futurist and Founder, IBIS
Futurist and IBIS Founder Phil Ruthven gave ANZ’s Opportunity Asia Insight Series function in Melbourne five critical insights
05 Sep 2014
Should you be worried about the iron ore price?
ANZ Research |
National accounts data revealed this week that growth in the Australian economy slowed in the second quarter, following strong growth earlier this year.
29 Aug 2014
Transition to a non-mining Australian economy on track
ANZ Research |
The handover of growth from mining to other areas of the Australian economy looks on track with this week’s CAPEX report providing more good news on this front.
22 Aug 2014
De facto monetary policy easing confirms next rate move is up
ANZ Research |
The Reserve Bank of Australia this week reiterated a point made in its recent statement on monetary policy that lending rates in Australia have fallen this year despite the cash rate being on hold.
15 Aug 2014
Wages growth low, business looking up
ANZ Research |
The rebalancing of the Australian economy is continuing but with little risk to inflation. In July wages growth was soft and business conditions and confidence was improving, as measured by National Australia Bank business survey.
11 Aug 2014
What can lipsticks, condoms and burgers tell us about economics?
Nicole Franklin | BlueNotes contributing editor
Economic data is a mess. There’s so much of it, all the time, full of jargon, incomprehensible. That’s why everyone loves an index. There are lots of good, simple, proxies out there for economic activity that are far more understandable – and entertaining – than a 25 page economist report. Here are a few to tickle your fancy and put a spark into your next company presentation.
08 Aug 2014
Aus unemployment rate to remain elevated
ANZ Research |
ANZ is wary of reading too much into the July labour force report. We note it was an odd jump in the unemployment rate, at least partly due to statistical issues.
08 Aug 2014
Favourable labour market could see India rival China as world’s largest economy
Glenn Maguire | Former Chief Economist South Asia, ASEAN & Pacific, ANZ
India is on track to rival China as the largest economy in the world in 2075 in real terms - if it can overcome some key hurdles.
07 Aug 2014
Vietnamese supermarkets restrained by bikie culture
Tareq Muhmood | CEO Korea & Managing Director Global Subsidiaries, ANZ
In a recent conversation with the CEO of one of Vietnam's hypermarkets, he told me when they opened their first such huge store he didn’t realise the average spend per customer would be so low.
01 Aug 2014
Global and domestic economic conditions slowly improving
ANZ Research |
Key indicators of Australian firms’ investment intentions have improved and a recovery in non-mining business investment is underway. There has been early improvement in business profitability and resilient confidence.
31 Jul 2014
Consumer confidence claws back to pre-budget levels
Warren Hogan & Savita Singh | Former Chief Economist & Bonds Rates Trader, ANZ
Consumer confidence rose a further 2.4 per cent to 116.2 in the week ending 27th July and has now completely retraced the sharp deterioration seen in the weeks around the Commonwealth budget. This suggests the ‘sticker shock’ from the budget was temporary, with the improvement in house prices and employment and recent signs of a pick-up in activity in the global economy likely supporting confidence at long-run average levels.
28 Jul 2014
Stable inflation keeps currency watchers guessing
ANZ Research |
Looking through the statistical noise in recent quarters suggests underlying inflation near the middle of the Reserve Bank of Australia’s 2-3 per cent target band in six-month-ended annualised terms.
22 Jul 2014
New Zealand's Māori economy: a powerful force in the Kiwi success story
Bernard Hickey | Publisher at Hive News
This year's Matariki or Māori New Year Festival marked a major milestone for both Māori business and the New Zealand economy.
19 Jul 2014
Mike Smith: three key steps for global growth and better governance
Mike Smith | Former Chief Executive Officer, ANZ
It would be wrong to say we have come through the worst financial and economic crisis in living memory – because we are still coming through it. We may be out of intensive care but, to extend the medical metaphor, we are now dealing with a chronic malaise rather than an acute one.
18 Jul 2014
Recovery for the Aus non-mining sector improving
ANZ Research |
Prospects for the recovery of the non-mining sector in Australia continued to improve this week.
11 Jul 2014
Aus labour market slows as the economy rebalances
ANZ Research |
The unemployment rate unexpectedly rose back to its cyclical high of 6 per cent in June and employment growth slowed this quarter. Labour market conditions have softened in recent months following a strong start to the year.
10 Jul 2014
Property drives first phase of the non-mining recovery
Victoria Kanevsky | Contributing editor, BlueNotes
Confidence across the property industry remains at near record-high levels, highlighting the critical role construction is playing in leading the recovery in the non-mining economy.
07 Jul 2014
Aust job ads rebound in June, positive trend but negative budget mood remains
Felicity Emmett | Senior Economist, ANZ
A partial rebound in Australian job ads provides encouraging signs for the labour market, according to the ANZ job advertisements series, a leading employment and economic activity indicator.
04 Jul 2014
Aussie dollar dips on RBA governor comments on stable rates and stronger US data
ANZ Research |
RBA Governor Glenn Stevens confirmed the $A remains uncomfortably high and he felt "investors are under-estimating the likelihood of a significant fall in the Australian dollar at some point".
04 Jul 2014
Remember NSW? It’s a leading economy once more
Phil Chronican | Former CEO ANZ Australia
A decade ago it would have been a bit obvious to say NSW was driving the Australian economy but it does actually sound slightly odd to be saying that today. After all, NSW has no iron ore, no LNG, tourism slumped in the decade after the Olympics and NSW property prices have lagged the rest of the country.
02 Jul 2014
Mining exports boom as investment falls away
Felicity Emmett | Senior Economist, ANZ
Exports from mining over the next three years will contribute 1 percentage point to Australia’s GDP growth – enough to provide a solid offset to the decline in mining investment many fear will drag back the economy.
01 Jul 2014
Big fall in start ups a jarring wake-up call
Amanda Gome & Nicole Franklin | Former head of digital and social media, ANZ & BlueNotes contributing editor
Australian start-up numbers have fallen an alarming 30 per cent over the last three years, crunching the number of operating firms, according to new figures released by the Australian Bureau of Statistics. The alarming fall raises serious questions about whether there is a lack of an enterprise culture in Australia, a threat to long term employment prospects.
30 Jun 2014
China’s impending consumption boom
Li-Gang Liu & Raymond Yeung | Former Chief Economist Greater China & Chief Economist, Greater China, ANZ
China’s private consumption-to-GDP ratio is far below the average international average. According to the World Bank, private consumption represented 60 per cent of world GDP in 2012. For countries categorised as the middle-income group – to which China belonged in 2012 – the average consumption ratio was 55 per cent of GDP, or 19 percentage points higher than that of China.
26 Jun 2014
China must risk higher growth to implement needed reforms
Warren Hogan | Former Chief Economist, ANZ
The Chinese government must navigate the implementation of economic reforms while maintaining growth at a pace sufficient to keep unemployment steady. This is a difficult task for any government, and particularly so for the Chinese government right now, as many critical reforms to the economy will be potentially disruptive to growth. This is happening while many analysts and markets are worried about a loss of momentum in the Chinese economy.
24 Jun 2014
Inflating Asia: Supply side pressures set to trouble Southeast Asian states
ANZ Research |
Inflation is rising in Southeast Asia. Thailand, Indonesia and the Philippines have all released inflation figures for May and all recorded upside surprises – perhaps a portent of a more generalised inflation dynamic to emerge over the second half of the year. Producer price inflation, the traditional leading indicator of headline inflation, has clearly turned up over the past year. In the case of economies such as Indonesia the pick-up has been quite marked.
23 Jun 2014
New Zealand’s Bull – or Cow – Rush
Andrew Cornell | Past Managing Editor, bluenotes
In the huge produce hall at Fieldays in Hamilton New Zealand, the southern hemisphere’s largest agricultural trade fair, a sausage and small goods maker was lamenting how difficult he was finding it to secure supplies of top quality beef and lamb.
20 Jun 2014
The shine’s returning to the Emerald City
ANZ Research |
The unemployment rate in Sydney has fallen below 5 per cent compared with a jobless rate of more than 6 per cent for the rest of Australia.
20 Jun 2014
Migration flows shift Australian economy
ANZ Research |
Australian migration is shifting away from the resource intensive states for the first time in more than a decade, according to new data from the Australian Bureau of Statistics and ANZ Research.
16 Jun 2014
NZ leads the rate world
Bernard Hickey | Publisher at Hive News
The Reserve Bank of New Zealand has stepped further out on its own with last week’s tightening monetary policy again at a time when the rest of the developed world's central banks are either holding rates at record lows or printing money.
13 Jun 2014
Job ads consistent with slower jobs growth
ANZ Research |
Job growth in Australia slowed in May, consistent with other domestic indicators in the second quarter.
12 Jun 2014
Can Australia afford its future?
Rodney Maddock | Adjunct Professor of Economics, Monash University
There was a lot of concern during the crisis about Australia’s dependence on the inflow of foreign capital needed to fund its economy. There are really two separate elements to the issue: will we continue to depend on foreign capital and, if so, is there any risk of it being cut off?
11 Jun 2014
Supply side of Asian economy is changing quickly
Glenn Maguire | Former Chief Economist South Asia, ASEAN & Pacific, ANZ
Supply side of Asian economy is changing quickly.
10 Jun 2014
Job ads down sharply in May
Justin Fabo | Former Senior Economist, ANZ
Job ads fell for the first time in five months following a slump in consumer confidence linked to the federal budget, according to the ANZ Job advertisements series, a leading employment and economic activity indicator.
06 Jun 2014
Can Australian business confidence hold up?
ANZ Research |
Business confidence is proving more resilient to the confidence hit from the Commonwealth budget than consumer confidence.
03 Jun 2014
Consumer confidence surprises on upside
Amanda Gome | Former head of digital and social media, ANZ
Australian consumer confidence has bounced back after a recent plunge, the first, albeit tentative, sign of Australians shaking off their recent funk. The ANZ-Roy Morgan Consumer Confidence survey has turned around after its recent plunge, rising 2.9 per cent in the week ending 1 June - the first increase since negative news flow related to the Budget began six weeks ago.
03 Jun 2014
Migration to New Zealand is rising
Bernard Hickey | Publisher at Hive News
In a year when house prices and interest rates are already going to be major election themes, strong migration flows become even more polarising than usual. And migration is never politically easy.
30 May 2014
Non-mining capex intentions improve modestly
ANZ Research |
There are mixed messages for the Australian economy, with new risks emerging over the past month for Australia’s growth outlook. New downside forces are minor but they do temper the strong start to the year.
27 May 2014
A Chinese global currency is approaching
Andrew Cornell | Past Managing Editor, bluenotes
Delivering his opening remarks to the second Australia-Hong Kong RMB Trade and Investment Dialogue, Hong Kong Monetary Authority chief executive Norman Chan outlined the enormous growth in usage of the Chinese currency internationally since the first tentative openings just three years ago.
23 May 2014
Budget blues weaken consumer confidence in Australia
ANZ Research |
This week in Australia, the ANZ-Roy Morgan consumer confidence index fell a further 3.2 per cent to 100.4.
23 May 2014
What’s driving New Zealand’s ‘rock star economy’?
Cameron Bagrie | Chief Economist, New Zealand ANZ
What’s driving New Zealand’s ‘rock star economy’?
16 May 2014
Can the Abbott government achieve its budget aspirations?
ANZ Research |
The Australian federal budget delivered only a mild tightening of fiscal policy (with a deficit of $A30 billion forecast for 2014-15) and set the ball rolling on its long-term aspiration of returning the budget to a surplus of at least 1 per cent of GDP within a decade.
16 May 2014
Eco migrants head back to NZ with growth, tax cuts in the budget
Bernard Hickey | Publisher at Hive News
Just as Australians are digesting news of a tax hike, New Zealanders can look forward over the next four years at the prospect of tax cuts, budget surpluses and a steady reduction in public debt.
14 May 2014
Outlook solid, politics the issue with budget
ANZ Research |
The first Abbott-Hockey budget delivers a mild fiscal tightening in the 2014-15 year with most of the announced savings not hitting until after the 2016 election. The biggest changes will not arrive until after the four-year estimate period.
13 May 2014
A tale of two budgets
Bernard Hickey | Publisher at Hive News
The Australian and New Zealand Budgets this week illustrate the contrasting outlooks for the two economies. And the distinctly divergent approaches of their Governments over the last three years.
12 May 2014
Much more than a quarry to Australia’s business landscape
Catherine Welch | Researcher, The University of Sydney Business School
Mining companies deliver 54 per cent of Australia’s goods exports by value, according to the Australian Bureau of Statistics (ABS). But those same statistics show that these miners represent only 1 per cent of the number of Australian goods exporters.
09 May 2014
Australian consumer confidence shaken by budget leaks
ANZ Research |
australian-consumer-confidence-shaken-by-budget-leaks.
09 May 2014
How Aussie farmers can find the Food Bowl
David McKinna | Principal, MCKINNA
There is an apparent disconnect between the optimism around the Asian dining boom and the pessimism of many Australian farmers, at least as it is portrayed in the media.
08 May 2014
7 ways to solve the NZ agri capital deficit?
Graham Turley | Managing Director, Institutional Australia
Agri-business is New Zealand’s most productive and successful business sector yet it struggles to attract investor capital.
05 May 2014
How to achieve a surplus of 1% of GDP
ANZ Research |
how-to-achieve-a-surplus-of-1-of-gdp.
28 Apr 2014
Will the greenback remain a reserve currency?
ANZ IIB Insights |
We will move, ultimately, to a world of multiple reserve currencies – but it will take more time to get there.
28 Apr 2014
Focus on US Fed and GDP data
Tony Morris | Queen's Counsel Lawyer
This period of relatively low volatility will continue – leaving aside geo-political risk – so good for equity markets.
23 Apr 2014
Cards sharp on Consumer Confidence in NZ
Mike Ebstein | Director, MWE Consulting
Two broad themes emerge from a comparison of Australian and New Zealand payment card data: a developing shift from debit card spending to credit card spending is a strong indicator of consumer confidence and hence economic recovery. And New Zealand is much further down the track than Australia in returning to confidence.
22 Apr 2014
Capex pipeline about to come on tap?
ANZ Research |
Capex pipeline about to come on tap?
17 Apr 2014
The infrastructure pipeline
ANZ IIB Insights |
There’s been a flurry of recent infrastructure headlines. The Victorian Government’s May 6 budget will include plans for a new electrified rail service running along dedicated tracks from Melbourne Airport to Southern Cross Station. Although details of costs have yet to be disclosed, the track is expected to be completed by the end of the decade.
16 Apr 2014
Is the Australian financial sector too big?
Rodney Maddock | Adjunct Professor of Economics, Monash University
Australia’s financial sector has doubled the size of its contribution to the economy in the last three decades and now represents 10 per cent of total value added, one dollar in every 10 of value. Relative to other countries, this is a lot. The question is whether it is too much. Is the sector too big?
16 Apr 2014
Better eco outlook, Fed spending to help states
Cherelle Murphy | Senior Economist, ANZ
The Commonwealth’s greater-than-normal influence on the 2014-15 state budgets is also where their greatest vulnerabilities lie.
16 Apr 2014
Restoring India’s financial stability
G. Mahalingam | Former Reserve Bank Executive Director
I don’t think we can be complacent. We need to go forward with reforms.
15 Apr 2014
Next rate move is up but when?
Ivan Colhoun | Former Chief Economist, ANZ
Jobs ads always tell you what’s going to happen to unemployment and what’s going to happen to interest rates.
11 Apr 2014
Chart of the week: Australian employment
ANZ Research |
Change in employment over the last three months (sa, 000s)
13 Mar 2014
Cashless? Or just less cash?
Steve Worthington | Professor at Swinburne University
Since the emergence of homo-sapiens more than 2000 years ago, humans have used different forms of money, both as a means of exchange and as a store of value. Despite the advent of internet banking and the various types of non-cash payment option, cash is still an omnipresent feature in most people’s purse or wallet.
Time to cheque-out?
Mike Ebstein | Director, MWE Consulting
The volume and value of cheque use in Australia – and globally – is continuing to plummet, according to new data. Where – or when – will it end?