RMA Christmas Event 2018 - Prospects for the Global and Australian Economies
NAB, The Arena, 700 Bourke Street, Docklands, VIC 3008
Mon 26 November 2018 | 4.00pm start with networking drinks from 5.00pm until 6.00pm
Register Now (Members only)
Prospects for the Global and Australian Economies - how important are recent trade and geopolitical tensions?
An uncertain outlook… but isn’t it always?!
The news flow about the Australian and global economies can sometimes appear unrelentingly negative.
During 2018, what started as global trade tensions have now become a trade war between the US and China. Trump’s America has set itself on an unprecedented course for fiscal policy –a very large set of tax cuts and increased expenditure plans during a time the economy is already fully employed. At the same time, Central banks across the major economies have begun to step back from their super accommodative and unorthodox monetary policies of recent years. As they have done so, stress has emerged in stockmarkets and emerging economies. Elsewhere in the world, China’s economy has slowed, the UK is amidst a complicated Brexit, and Italy’s government is teetering under huge fiscal debt with little room to move. In Australia, house prices are correcting lower and we are turning over Prime Ministers at a canter.
Despite all this, the global economy is in the best shape it’s been since the Global Financial Crisis and Australia’s economy has continued to improve in 2018.
In this session, Peter will look at the near term prospects for the Australian and global economies - as well as the risks you need to be aware of.
Following the presentation, we would be delighted if you could join us for a Christmas drink when our Christmas raffle will be drawn, the proceeds of which will be donated to charity.
Register now to reserve your spot as we celebrate the festive season!
Speaker: Peter Jolly, Global Head of Research, National Australia Bank
About the Speaker:-
Global Head of Research, National Australia Bank
“Peter has worked as an economist and researcher for more than two decades, starting out with the Central Bank of New Zealand.”
Peter is Global Head of Research in the Global Markets area of National Australia Bank.
His team has specialist researchers across the world covering macroeconomics, credit markets, foreign exchange, and fixed income markets.
Peter is also an Honorary Fellow at Macquarie University and has a Masters Degree in Economics from the University of London.