ANZ

Economic Commentary

ANZ Speeches, Articles & Presentations Archive
 
  2005

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  2004

  • The impact of oil on the Australian economy - September 2004 (PDF, 52KB)

  • In this note Melanie Hay examines the impact of higher oil prices on the Australian Economy. Australia is less vulnerable to higher oil prices than some other developed countries as domestic production meets most of its needs.

  • House Prices - June 2004 (PDF, 43KB)

  • Housing Markets have undoubtedly cooled since late 2003. However, the alarmist talk of a pending collapse in house prices and activity is, in our view, unwarranted as broad housing market and economic fundamentals remain very supportive. Furthermore, history shows us that falls in aggregate house prices are extremely rare. Indeed the usual preconditions for a price correction are noticeably absent.

  • Budget update - August 2004 (PDF, 50KB)

  • The Australian government monthly financial statement released late last month revealed an extremely healthy budget position heading into an election. In this note Melanie Hay examines possible budget outcomes and concludes that the liklihood of higher than projected budget surpluses raises the prospect of a further boost to economic growth via pre-election giveaways, something which could be of concern to the Reserve Bank.

  • Australian Industry Group Presentation - June 2004 (PDF, 1818KB)

  • This is a collection of charts on the economic outlook used by Melanie Hay and Katie Dean in presentations to the Australian Industry Group in Melbourne, Sydney, Brisbane and Adelaide in June 2004.

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  2003

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