{"id":2619,"date":"2011-12-13T20:59:36","date_gmt":"2011-12-14T01:59:36","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2619"},"modified":"2011-12-13T20:59:36","modified_gmt":"2011-12-14T01:59:36","slug":"australia-the-safe-haven-macrobusiness-com-au","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/13\/australia-the-safe-haven-macrobusiness-com-au\/","title":{"rendered":"Australia: The safe haven – macrobusiness.com.au"},"content":{"rendered":"

Yields on the 10-year Commonwealth bond hit a record intraday low of 3.78 percentage points yesterday…….CPI inflation for the September quarter was still running at 3.5%. That means investors are close to giving the Australian government money for free.<\/p>\n

On top of that….. Investors seem happy to park their money with the Australian government despite the large risk that the dollar will take a serious tumble (though of course they are themselves mitigating that risk somewhat through their own purchases). If investors are separately hedging, which, frankly, they\u2019re mad if they\u2019re not, that will add further cost to the transaction, enough surely, to push the return negative.<\/p>\n

via Australia: The safe haven – macrobusiness.com.au | macrobusiness.com.au<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yields on the 10-year Commonwealth bond hit a record intraday low of 3.78 percentage points yesterday…….CPI inflation for the September quarter was still running at 3.5%. That means investors are close to giving the Australian government money for free. On top of that….. Investors seem happy to park their money with the Australian government despite … <\/p>\n

Continue reading “Australia: The safe haven – macrobusiness.com.au”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40],"tags":[292,474,758,854],"class_list":["post-2619","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","tag-australian-dollar","tag-bond-yields","tag-commonwealth-bond","tag-cpi"],"yoast_head":"\nAustralia: The safe haven - macrobusiness.com.au - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia: The safe haven - macrobusiness.com.au - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Yields on the 10-year Commonwealth bond hit a record intraday low of 3.78 percentage points yesterday…….CPI inflation for the September quarter was still running at 3.5%. 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A key risk going forward is that the banks\u2019 ability to refinance their borrowings rests with the willingness of foreign investors to continue to\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5628,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/01\/david-murray-australian-government-spending-on-alarming-trajectory\/","url_meta":{"origin":2619,"position":1},"title":"David Murray: Australian government spending on alarming trajectory","author":"Colin Twiggs","date":"October 1, 2012","format":false,"excerpt":"David Murray, former Chairman of the Future Fund and former CEO of the Commonwealth Bank warns growing debt-funded entitlement could end with a Europe-style debt crisis. http:\/\/youtu.be\/g1wxwSDzNRs Hat tip to Unconventional Economist at Macrobusiness.com.au","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/g1wxwSDzNRs\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":51808,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/04\/24\/australian-cpi-disappoints\/","url_meta":{"origin":2619,"position":2},"title":"Australian CPI disappoints","author":"Colin Twiggs","date":"April 24, 2024","format":false,"excerpt":"CPI disappointed, coming in at 1.0% for the March quarter, against expectations of 0.8%. The year-on-year measure declined to 3.6% but there are some worrying signs for the RBA. Non-tradable inflation -- reflecting domestic goods and services as opposed to imports -- remains high at 5.0%. 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The differential between Australian & US 10-year Government Bond Yields has been negative for a few years and, with the\u2026","rel":"","context":"In "Aussie dollar"","block_context":{"text":"Aussie dollar","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/aussie-dollar\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=2619"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2619\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=2619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=2619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=2619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}