Using monetary policy shocks for 7 advanced economy central banks, measured at high frequency, this paper documents the strength and characteristics of interest rate spillovers to 47 advanced and emerging market economies.

The recent decision by the Full Federal Court in Chevron Australia Holdings Pty Ltd v Commissioner of Taxation [2017] FCAFC 62 is a watershed, not only in Australia but internationally. It provides important insights into how the arm’s length principle takes account of the economic, market and business conditions in which a multinational has to...

Australia has become an economy burdened down with debt. The burden may feel light now, with interest rates so low, but as they rise it will become heavier, and slow our capacity to grow.

We propose a method for global equity fund performance evaluation that extends existing research by addressing both equity and currency factor exposures. Returns in excess of the risk-free rate are decomposed into contributions arising from the market, exposure to six equity and three currency ‘style factors’, and alpha. The method supports an understanding of how...

Mortgage affordability and the ability to purchase a home has become a highly sensitive political issue in recent years. Indeed, the issue of indebtedness of Australian households, through credit cards, personal loans and mortgages, is now a regular topic of debate. This background note provides a resource on housing interest rate movements and their impact...