While the RBA maintained its view of holding rates until at least 2024, Australia’s central bank has now acknowledged the need to curtail the housing boom and signalled the potential introduction of macroprudential measures. 

With APRA set to tighten lending standards, will we see heat come out of the red-hot domestic housing market?

Darren and Chris discuss their thoughts on this topic and more in episode 21 of The Rate Debate.

Ep21: Is the heat coming off the housing market?

With the RBA seemingly MIA last week, the market was left to its own devices. Not surprisingly, bond yields spiked as multiple rate hikes were priced as early as mid-2022. Will mortgage rates rise that soon? And can the market trust the RBA going forward? 

Darren Langer and Chris Rands discuss their views in episode 22 of The Rate Debate.

Ep22: Bond market loses confidence in the RBA's forward guidance

In episode 6, Mal Maiden catches up with Tim Toohey, Head of Macro and Strategy, to reflect on Tim’s 2020 non-consensus COVID recovery call and the current outlook for markets against a murky inflation backdrop. Mal and Dion also discuss the drivers behind China’s recent policy shifts, including the potential implications of a more rapidly shrinking population on the global economy.

The Yarra Exchange Podcast: Australia’s COVID response, RBA own goals and China’s census shock

One of the key factors that will make or break the case for the RBA tightening in 2022 will be the reopening trade. Will consumers start spending heavily as is forecast, or will the threat of inflation and a rise in interest rates scare them off? Darren and Chris discuss their views in the last episode of The Rate Debate for 2021.

Ep:23 The reopening trade to determine economic growth in 2022

The RBA announced an end of QE and kept interest rates on hold as they wait to see stronger wage growth. If inflation continues to rise faster than forecast, and the RBA hikes earlier than expected, what could the knock-on effect be on markets? 

Tune in to hear Darren and Chris discuss this and more in episode 24 of The Rate Debate.

The Rate Debate Ep24: RBA ends QE and pushes back on rate hike

This profit season comes off the back of a global market sell-off as central banks begin to tighten monetary policy. With rising borrowing costs as companies deal with pandemic challenges, and supply chain disruptions, what's the knock-on effect on companies reporting this season?

Brad Potter, Tyndall's Head of Australian Equities discusses his views in episode one of February 2022’s 4-Minute Monday podcast.

Week 1: Higher operating costs to dampen results this profit season

Suncorp and IAG delivered results this week that were ahead of market expectations, underpinned by strong written premium and volume growth despite La Nina and elevated natural hazard claims more generally. Meanwhile, results from Australia’s big banks raised as many questions as they answered. What do rising interest rates mean for Australia’s big 4 banks, and where is growth most apparent?

Brad Potter, Tyndall AM's Head of Australian Equities, details his views in episode two of the February 2022 4-Minute Monday podcast.

Week 2: Insurers deliver, but Australia’s banks remain split in two

Woodside outperformed the market this week, with standout cashflows, and earnings and the dividend ahead of expectations.

For other companies, however, inflationary pressures and labour shortages are finding their way into prices and bringing a potential headwind for future profitability. But how much of this is a transitory impact of COVID?

M&A, meanwhile, continues at pace, with Crown agreeing to a takeover offer this week, and private equity and pension funds continuing to compete for hard, long duration assets.

Brad Potter, Tyndall AM’s Head of Australian Equities, details his views in episode three of the February 2022 4-Minute Monday podcast.

Week 3: Strong energy results, but who's suffering inflation & labour pains?

Who were the winners of the February 2022 Reporting Season?

Last week saw Rio Tinto announce a record result, confirming the second biggest profit in Australian corporate history and declaring the nation’s biggest ever dividend on the back of strong commodity prices. So what can we expect from the company in 2022? 

Geopolitics is sadly at the front and centre, with a human tragedy unfolding in Ukraine following invasion by Russian forces. As substantial providers of oil and gas to the world, and with fears of the war escalating, will we continue to see a risk-off event globally?

With the February reporting season now at an end, what were the highlights, lowlights and key themes for the month?

Week 4: Rio Tinto makes history, but Ukrainian tragedy looms

The RBA continued to keep rates on hold this month even though Inflation picked up more quickly than they expected. The length of time it took to resolve supply chain problems, which have been pushing up prices continues to be a source of uncertainty regarding the inflation outlook, as are developments in global energy markets. With Russia’s war with Ukraine continuing to play out, and the market slowly recovering from a pandemic, what’s the outlook for interest rates? 

Tune in to hear Darren and Chris discuss this in episode 25 of The Rate Debate.

Investment Insights