2025-01-06
24 分钟Foreign.
Hello and welcome to the Bulletin with UBS on Monocle Radio.
Each week, the sharpest minds and freshest thinkers in finance take you beyond the numbers and hype right to the heart of the big issues of the day.
This week, in the first program of the New year, yes, it's 2025.
A belated happy New Year to you.
We have another special edition of the program.
This time we're bringing you a selection of interviews that the Monocle team conducted this past November on the margins of the UBS Australasia Conference in Sydney.
At the event, UBS gathered industry leaders, policymakers and innovators to explore how topics such as productivity, healthcare and technology may affect the economy and investment landscape into the future.
On today's program, you'll hear from just a small selection of the UBS friends, old and new that Monacal's team had the good fortune to sit down with for a chat on some of those themes during the event.
We start with a regular guest on this show who popped up in Sydney to chat about the macro picture.
Paul Donovan, chief economist in UBS Global Wealth Management, joined Monocle's Asia editor James Chambers in Sydney.
James began by asking Paul to set the scene and introduce the Australasia Conference.
For us, Australia has always been a key business.
The UBS investment bank has been here for a very long time, has been a major bank in the Australasian region, and the wealth management business with the acquisition of Credit Suisse is also a substantial focus for us here.
And so this conference is bringing together clients and companies from across the Australasian market and beyond in the wider Asian region, and essentially showcasing the research abilities that UBS has got alongside the expertise of the individual corporates, helping investors make better decisions.
At the end of the day, for.
Those of our listeners who don't follow the Australian economy quite so closely, and we all know that it's the lucky country, it's had these, these decades of growth without any recession.
But can you bring us up to speed where, where things stand now?
What is the economy in Australia like at the moment and what do the next 12 months look like?
So Australia is in a, is in a relatively good place.