Market Economics Managing Director and keynote Speaker Stephen Koukoulas spoke with Bloomberg Markets Asia regarding the RBA and the inflation surge. As a keynote speaker and panellist Stephen is often asked to discuss the economy with diverse audiences due to his ability to turn complex economic analysis into terms mere mortals can understand.
The September labour force data show the impact of the recession on jobs, hours worked and unemployment. It is bad news. Depressing in many ways to realise that there are 937,400 Australians unemployed, a further 1,538,800 underemployed and that since the onset of Covid-19, the workforce participation rate has dropped by 1.3 percentage points as people have given up looking for work.
Economist Stephen Koukoulas says “there is no confidence at all” in any projections about the unemployment rate amid the coronavirus pandemic.
Australian economist Stephen Koukoulas says the Reserve Bank of Australia’s emergency cash rate cut would help businesses and homeowners already “well off economically in this crisis”.
Central banks and governments around the world are scrambling to keep economies afloat as the coronavirus contagion sweeps across the globe. In Australia the RBA is poised to announce its next move on Thursday. Economist Stephen Koukoulas speaks to ABC News.
Why do we need virtual banks? Is this just another barrage of buzzwords the banks are using in the hope of gaining some positive media coverage and a few speaking engagements? Or is there something of value in a virtual bank for consumers?
Colin James is one of those people that has spent his life exploring cultures, religions, philosophies and human psychology, which makes him uniquely qualified to speak on the subject of motivation and drivers.
In this essay Colin looks at the drivers of the "banking culture" in the wake of the royal commission, and considers how culture in the workplace is one of the driving forces of performance.
In this episode of the Smart Community Podcast, Shara Evans (Technologist, Futurist, Keynote Speaker and Self-Proclaimed Sci-Fi Geek) discusses her background, how she transitioned from technologist to futurist, and what sparked her interest in the Smart Community space.
The world of crypto currency is exciting, fast moving, and still a bit risky in terms of valuation, hacking of digital wallets and exchanges or losing your password (and access to your crypto account). In spite of these risks, early products such as Bitcoin, Ethereum and many other digital currencies are currently being used or trialled around the world.
If you ask a banker what the biggest threat to their industry might be, the answer would likely be "blockchain"... the ominous-sounding technology that powers cryptocurrency and is proving something of a headache for banks trying to innovate their way out of the red tape of the past.
But that's only half the story...
Recently, I had a meeting with a large finance firm. One of the senior people opened the discussion with:
“What I thought I would do is give you a bit of a lay of the land, so that when you step up to the plate, you will have an understanding of the arena and the context in which we are playing in here. Because at the end of the day going forward, what we need to do is to all sing from the same song sheet. I’m not talking about going after the low hanging fruit here, but I really think we need to think outside the box. Because until we get the buy-in of all the stakeholders, we are going to find ourselves falling back into the old patterns of play.”