Yi Ming joined Ai Group as an Economist in 2013. He has broad experience covering economics and financial markets, having previously worked as an economist for the Reserve Bank. Yi Ming holds a first-class Honours Degree in Commerce from the University of Melbourne and is a CFA charterholder and a CPA.
There have been some positive signs around local economic conditions since the start of the 2015-16 financial year, with Ai Group’s performance indices for the manufacturing, services and construction sectors all showing long-overdue expansion after years of weakness. Other partial…
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The Australian Bureau of Statistics (ABS) this week released the quarterly Consumer Price Index data for the September quarter 2015. The headline consumer inflation remained weak, at only 1.5% over the year to September. Prices for tradeable goods and services…
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The unemployment rate reached 8.0% in South Australia in September, according to the latest labour force data released last week (trend data). This was the highest level of unemployment rate for South Australia since 2000 and the highest of any…
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Australian businesses have lifted spending on Research and Development (R&D) over the past year, especially among medium-sized enterprises, but R&D spending is still low as a share of the economy. The latest data from the ABS shows that business expenditure…
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The slowing Chinese economy presents both challenges and opportunities for Australian businesses. The weak Chinese official (50.0 points) and Caixin (47.8 points) Manufacturing PMI for July signalled further slowdown in the Chinese economy, after the country recorded annual GDP growth…
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Business activity continues to show mixed fortunes across Australia in the second quarter of 2015. Activity across the manufacturing industry fell sharply in June, following a brief expansion in May. The Australian Industry Group Australian Performance of Manufacturing Index (Australian…
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The RBA held the cash rate at a historical low of 2.25% following its April monthly board meeting this week, although it signalled there could be another interest rate cut in the coming months. Very low interest rates have already…
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