This report assesses the global macro-financial environment and its implications for Australia’s financial stability, with a focus on non-bank financial institutions (NBFIs), sovereign debt dynamics in advanced economies and banking sector funding resilience. Despite a rapid recovery in global risk sentiment following volatility in early 2025, underlying vulnerabilities persist, including elevated leverage and liquidity mismatches in parts of the global NBFI sector, rising so

Professionals usually refer to the term “China’s National Team” when describing a group of  state-linked institutions to trade exchange-traded funds that allows authorities to influence broad market segments quickly, reversibly, and with limited formal announcements. For instance, entities such as the Central Huijin Investment Ltd. is backed by the Ministry of Finance - who operates on a large enough scale to move markets but not enough to be opaque to preserve deniability an

Japan’s 40-year bond yields rose to 4%, the highest level since this bond was first issued in 2007. In fact, no Japanese government bond of any maturity has had such a high yield in over 30 years. This movement was due to concerns about a proposed sales tax cut on food, supported by Prime Minister Sanae Takaichi. In addition, the emergence of the Centrist Reform Alliance has further increased uncertainty by raising the risk of electoral competition leading to looser fiscal co

Abstract In today's globalised world, the prevalence of AI is a double-edge sword for education. On the one hand, it supports students in their learning and intrinsic ability improvement, while on the other hand, the potential of misuse and violation of academic integrity of using AI is considerable. In this scenario, determining the role of AI ethical awareness is crucial for successful education and sustainability. This essay argues how AI ethics could foster development vi

Australia’s mining industry remains a central pillar of the national economy. The sector contributes around 13–14% of nominal GDP, over 60% of total merchandise exports, and more than $450 billion in annual export earnings during the 2023-2025 period. The sector has transitioned from the extraordinary commodity price conditions of the early 2020s toward a more normalised operating environment, characterised by easing prices for energy transition minerals, resilient demand for

Australia enters 2026 having achieved a rare post-pandemic soft landing, which could be attributed to flexible macroeconomic policy framework and strong institutional credibility. Despite a highly restrictive monetary stance through 2022–2024, the economy avoided recession and maintained positive growth supported by robust population growth. Real GDP expanded by around 2.1% year-on-year to September 2025, with full-year growth estimated at approximately 1.8%, outperforming ma

Quantitative Easing (QE) is one of the largest monetary experiments in modern history. In the most basic terms, this specific...

The Trump Administration is negotiating to buy a 10% stake in Intel Corp (Nasdaq: INTC) - in other words, a partial nationalisation of a...