Switzer Daily

2 days ago | switzer.com.au | Peter Switzer

I've talked a LOT about trade and tariffs recently, but one thing that consumers always sit up and take notice about is the price of the Aussie dollar versus the US dollar. Good news, armchair forex watchers (read: international travellers looking for bargains): the US dollar is set to slide!That's right: as Trump continues to wage economic warfare on the world, the US dollar is now on the slip and slide.

3 days ago | switzer.com.au | Peter Switzer

In January and the months before the May election, Treasurer Jim Chalmers told us the economy was strong. However the country’s statistician has come out with growth numbers that indicate in the three months to the end of March, we were in a per capita recession!Looking at the headlines, it’s hard to believe the economy became stronger over the past three months.

4 days ago | switzer.com.au | Peter Switzer

Australia’s economy might be ticking over well, but right now we’ve got other issues to worry about. Issues like a housing crisis, for which local councils and NIMBYs are to blame. NIMBYs? These are ‘not in my backyard residents’ who oppose developments in their neighbourhoods. They often want problems like housing shortages fixed, just as long as the fix doesn’t happen in their postcode.

5 days ago | switzer.com.au | Peter Switzer

Today’s data on Australian wages growth will be important information for inflation and how many rate cuts we should expect from the Reserve Bank. This news comes when Donald Trump’s latest antics on doubling the tariffs on steel has seen Friday’s money markets raise their expectations on rate cuts from two to three! Thank you, Donald!Of course, higher inflation (from wages and tariff action that could slow down the global economy) is bad for growth and doesn’t create a great picture for stocks.

6 days ago | switzer.com.au | Peter Switzer

As they age, young Australians will be milked by this “hard reform” tax. Where are we at with all this taxing of our super? Is there a better way? Because of the recent election result with Labor in control of the House of Reps, and the Greens the kingmaker party in the Senate, the Government’s super tax looks likely to slug 1.2 million people over the next 30 years.