Highlights: Joe Biden is the projected winner of the US presidential election, with the passing of the ‘safe harbour’ deadline making it hard for legal challenges to change the outcome. Globally there were over 60 million confirmed Covid-19 cases at the start of December and numbers continue to rise in the US, South America and…

Promising news on vaccines combined with surprising economic resilience drove share markets higher in November.

At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on 3-year Australian Government bonds, as well as the parameters of the Term Funding Facility and the government bond purchase program. Globally, the news has been mixed recently. On…