David Scutt
The Chainsaw
Sydney, NSW, Australia
Contact David
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Past articles by David:
Australia's house price downturn is now the largest on record
Australia’s house price downturn is now officially the largest on record. → Read More
Signs are emerging that Australia's sluggish economy may be starting to turn the corner
Australia’s services sector, the largest employer in the country, saw activity levels rebound sharply following the federal election, helped by a surge in new work. → Read More
HERE COMES AUSTRALIAN GDP…
Australia’s March quarter GDP report is about to be released. → Read More
Iron ore prices rebound following a string of heavy losses
Iron ore markets rebounded on Tuesday, helped by strength in Chinese steel futures. → Read More
The Australian dollar rallies as the Fed says it's willing to cut rates should the need arise
The Reserve Bank of Australia (RBA) just cut official interest rates for the first time in nearly three years and signalled it’s unlikely to be the last move in the current easing cycle. → Read More
Your 10-second guide to today's Australian GDP report
Australia’s latest economic report card will arrive on Wednesday with the release March quarter GDP. → Read More
HERE COMES THE RBA RATE DECISION YOU'VE ALL BEEN WAITING FOR...
The Reserve Bank of Australia (RBA) is about to announce its June interest rate decision. → Read More
Business confidence soars following the Coalition's shock election victory
Safe to say, Australian businesses, as a collective, liked the recent election result. → Read More
Here comes Australia's retail sales report...
Australia’s April retail sales report is about to be released. → Read More
If the RBA wants to boost confidence levels, it may not want to deliver back-to-back rate cuts
The Reserve Bank of Australia (RBA) is widely expected to cut Australia’s cash rate for the first time since August 2016 on Tuesday. → Read More
Australian online retail sales tanked in April if this indicator is on the money
Australia’s official retail sales report for April will be released on Tuesday, providing markets with the first glimpse of household spending following a weak period in the first three months of the year. → Read More
Iron ore tumbles below $100 as Chinese steel futures slide
Iron ore prices continued to tumble on Monday, adding to steep losses seen in recent days. → Read More
Fed rate cut speculation pushes the Aussie dollar to a 3-week high
The Australian dollar hit a three-week high against the greenback on Monday, propelled higher by growing expectations that the US Federal Reserve will cut official interest rates this year, potentially as soon as next month. → Read More
Your 10-second guide to today's Australian retail sales report
Australia’s April retail sales report will be released on Tuesday. → Read More
Your 10-second guide to today's RBA rate decision
The Reserve Bank of Australia (RBA) will announce its June monetary policy decision on Tuesday. → Read More
Here's a playbook on how markets may react to the RBA's June interest rate decision
The Reserve Bank of Australia (RBA) appears certain to cut Australia’s cash rate for the first time since August 2016 when it announces its June monetary policy decision on Tuesday. → Read More
Downside risks for Australian economic growth ease, but not for good reasons
Inventories at Australian businesses rose unexpectedly in the March quarter, diminishing downside risks for GDP growth when the latest national accounts are released on Wednesday. → Read More
Chinese manufacturers haven't been this pessimistic since at least 2012
Activity levels at Chinese manufacturing firms continued to improve last month, according to the Caixin-IHS Markit manufacturing PMI for May, a result at odds with the weakness reported in the Chinese government’s official PMI over the same period. → Read More
Australian job ads plunge by the most since the GFC but the fall may prove to be short-lived
Australian job ads plummeted in May, recording the largest monthly decline since the GFC. → Read More
The parts of Australia where home prices rose and fell the most over the past 12 months
Australian home prices fell 0.4% in May, according to CoreLogic’s latest Home Value Index, leaving values down 7.3% over the past year in average weighted terms. → Read More