Gavin Friend

speaker
7,937 appearances 60 recordings 1 series first heard Sep 2024 last heard 2 Sep

Gavin Friend’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
5 · Oct OctJan 26AprJulnow

Recordings per month over the last 12 months — 29 in all, peaking in Oct 2025 with 5.

Appearances

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Um and I mean there are all sorts of, you know, implications here in terms of if if if markets decided or investors decided actually, you know, that I that high um investment grade debt um is something we want at these kind of years, it's very attractive.
Does that then mean that they don't want to buy the equity?
You know, does that does that does that help knock that uh line over?
It's it's you know, it this is gonna wax away in over a
over a period of time as these huge companies start issuing more and more more and more debt.
Yeah, that's right.
Um, it was marginal.
The you know, the the tripping tripping of the rounding barrier naught point naught three percentage points to four point four six.
So it just it just ticked over there, right?
But you know
As we know, the a steady rise is probably consistent with the RBA and NAB's view of uh of an increase in the unemployment rate to four point seven five, not until twenty twenty seven, right?
Mid twenty twenty seven.
It is a bit ahead a bit a bit
yeah,
the yeah the pace can be can be debated.
Um the other thing was of course the headline job decline fifteen thousand eight hundred versus an s estimated twelve thousand rise.
Worth noting that um it you know that was driven by 32,000 uh fall in part-time jobs where full-time jobs actually rose sixteen thousand.
Um I think despite the weaker job creation number, what my colleagues is saying was that uh the trend trend
Employment growth of twenty-nine thousand is you know strong enough to keep unemployment steady, assuming an unchanged uh participation rate.
In the event the uh the participation rate actually fell a tenth to sixty-six point nine.
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