Government Debt, Government Spending and the Economy

As we move into the Q3 GDP release, the December budget update season, and from there into a new US Presidency, we thought it would be useful to think about how Government spending interacts with economic growth and with bond markets.

A History of Australian Callable Bonds

A callable bond is a bond where the issuer has the right, but not the obligation, to buy back a bond at a certain point/s in its life at a specified price/s before the final maturity date.

The US decides - Massive changes on the way to a soft landing?

Donald Trump has won the US election. He will find the economy strong in some ways with unemployment low and inflation falling, but he will also face a large deficit that will – or perhaps should - curtail plans for large tax cuts or large spending initiatives.

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