David

David Bassanese

Chief Economist

Betashares Chief Economist David is responsible for developing economic insights and portfolio construction strategies for adviser and retail clients. He was previously an economic columnist for The Australian Financial Review and spent several years as a senior economist and interest rate strategist at Bankers Trust and Macquarie Bank. David also held roles at the Commonwealth Treasury and Organisation for Economic Co-operation and Development (OECD) in Paris, France.

Latest Insights

Jump in unemployment opens door for November RBA rate cut
Markets
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Jump in unemployment opens door for November RBA rate cut
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Australian unemployment jumps to 4.5% in September, surprising markets.

All will be fine
Bassanese Bites
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Macro & markets
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All will be fine
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Another Trump tariff announcement sends markets lower.

Market Trends: October 2025
Macro & markets
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Market Trends
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Market Trends: October 2025
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Global equities and gold both continued to move higher in September.

Flying blind
Bassanese Bites
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Macro & markets
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Flying blind
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The RBA is expected to leave interest rates on hold at its meeting tomorrow.

September pause
Bassanese Bites
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Macro & markets
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September pause
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The RBA is expected to leave interest rates on hold at its meeting tomorrow.

Where's the inflation?
Bassanese Bites
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Macro & markets
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Where's the inflation?
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As markets await this week's PCED inflation read, everyone's asking where the tariff effects are.

Fed Accompli
Bassanese Bites
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Macro & markets
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Fed Accompli
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The US Federal Reserve is widely expected to cut interest rates this week.

Stagflation stress
Bassanese Bites
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Macro & markets
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Stagflation stress
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While markets are talking about rate cuts, the "S" word is also creeping into conversation.

Australia’s economy is slowly crawling out of its hole
Macro & markets
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Australia’s economy is slowly crawling out of its hole
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My base case remains that the RBA will cut rates in November 2025.