Microsoft Word - T1 2021 FIN203 Assessment TASK 2.docx T12021FIN203RESEARCHREPORT:2000–2500WORDSREPORT-INDIVIDUALASSESSMENT...

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Microsoft Word - T1 2021 FIN203 Assessment TASK 2.docx T12021FIN203RESEARCHREPORT:2000–2500WORDSREPORT-INDIVIDUALASSESSMENT Submissionrequirements:Onesoftcopy(Word.docor.docx)ofthereporttobeuploadedtoMoodleTurnitin by11:59P.M.FridayWeek10. AssessmentTopic Usegraphs,tables,andstatisticalsummariestoevaluatetherelationshipsbetweenthebudgetbalance,yieldcurve,cashrateand exchangerates. TaskDetails ObtainthefollowingmacroeconomicdataforAustraliafortheperiod2001-2020:theyieldforCommonwealthGovernmentsecurities, thebudgetbalance,andthecashrateand90-dayand180-dayrates 1. Evaluatethefiscalposition(i.e.budgetbalance)oftheAustralianFederalGovernmentfortheperiod2001-20.Brieflydescribe howyouexpectthistomoveovertime. 2. PlotthecurrentAustralianyieldcurveforCommonwealthGovernmentSecurities(CGSs).Ataminimumyoushouldincludethe targetcashrate,90-dayand180-dayrates,andthe2,3,5,and10-yearrates.Explaintheshapeoftheyieldcurve(applyyour knowledgeoftheExpectationsandSegmentedMarkettheories.) 3. Examinetheimpactofthefiscalpositionidentifiedin(1)toinfluencetheyieldcurve. 4. Given your insights from (1) – (3), recommend to the Australian government financial and fiscal policies that couldmake CommonwealthGovernmentSecuritiesmoreattractivetoinvestors. Studentsneedtosupporttheiranalysiswithreferencefromtextandaminimumofsix(6)suitable,currentandacademically acceptedsources-checkwithyourtutorifunsureofyoursources.StudentsseekingCreditorhighergradesshouldsupport theiranalysiswithincreasednumberofreferencesourcesconsistentwiththegradetheyareseeking. Everypageshouldclearlybenumbered,andtheassignmentorganisedasfollows: (a) AKOICoverSheetforanIndividualAssignment. (b) Atitlepage,whichindicatesSubjecttitle,SubjectCode,Trimesternumber,Assignmenttitle,yourfullnameandKOIstudent number,wordcountandTutor’sname. (c) ExecutiveSummary (d) TableofContents (e) Body(maincontents–eachtobeaseparatenumberedsection). - Introduction - Research–literaturereview - Analysis–thisisthemajorpartofyourassignmentandrequiresnumberedsub-sections -Recommendations -Conclusion (f) References (g) Appendices (h) ATurnitinvalidationpageshowingtheSimilarityscoreforyourassignment (i) AcopyoftheMarkingRubric ReadingandResearch 30 Writtenpresentation 20 Analysis 30 Recommendationsandconclusions 20 Total 100 Thistotalwillbeconvertedtoamark(correcttothenearerwholenumber),outof30% Pleaseseemarkingrubricinunitoutline. Recommendedsourcesofdataare: Datamayalsobeobtainedfromothercrediblesources.Also,recommendedreadingsforgovernmentpoliciesinclude: • StatementonMonetaryPolicyoftheReserveBankofAustraliaforinsightsofmonetarypoliciesinAustralia. https://www.rba.gov.au/publications/smp/ • BudgetdocumentsforinsightsoffiscalpoliciesinAustralia. https://www.budget.gov.au/2018-19/content/documents.html
Answered 10 days AfterApr 27, 2021FIN203

Answer To: Microsoft Word - T1 2021 FIN203 Assessment TASK 2.docx...

Sugandh answered on May 07 2021
161 Votes
Case Analysis
(
Title Page
Assignment
Due date:
Student Name
Student Number
)
    
    
Topic :-
The analysis is done in connection with the macroeconomic data for Australia which being from time period 2001-2020. Further, the yield in connection with the Common wealth government securities will be captured and analyzed in a manner where the budget balance and the cash rate will be defined un
der 90 day and 180 day rates.
It will define the concept which provides a process where the rate is defined under the year analysis which being 2 Year analysis , 3 year analysis, 5 years Analysis and the 10 year analysis. It also define the yield curve analysis which being in connection with the Australian government financial and    fiscal policies as well as the Commonwealth Government Securities.
Introduction
The data extract deals in provide analysis and comparing figures of the four main pointers which are explains in the below head. The research report clearly provides an target analysis of the major four pointers of the macroeconomic data for the given period which expands for around 10 years data for the given year 2001 to 2020.
Report Analysis
The report is broadly divided into four major pointers which are expressed under these pointers :-
1) Fiscal    position of the    Australian Federal Government for the period 2001-2020
This segment can be explained under the three major tools which being in relation to the government spending , taxation analysis and the transfer payments. These parameters reflect the concept in connection with the demand and supply as well provides the concept in connection with the economic analysis and he process of being multiplier effect. In simple words the analysis is defined in a manner which being in relation to the budget deficit which occurs when mainly an government accounting which will help in spending more or excessive money or flow as compared to the revenue, on the more, it caters of being budget deficit. In terms with the opposite analysis which being a budget surplus which being revenue is more as compared to the expense budget (Atkin, Hartstein, and Jääskelä, 2021).
The analysis will be explained in connection with the concept of having in the following figure analysis
Actual    Previous    Highest    Lowest     Dates     Unit     Frequency    
-4.30 - 0.00     2.20     -4.30     1971 - 2020    percent of GDP    Yearly
The budget is explained in three graph analysis on being the revenue of the budget which shows a journey of 20 years from 2001 to 2020
(RBA, 2021)
Actual Amount Previous Amount     Highest Value Lowest Value     
AUD 47682.00    AUD 45430.00    AUD 53576.00    AUD 510.00    
Dates    Analysis Unit     Frequency    
1973 – 2021 years     AUD Currency Million Value     Monthly Value     
The budget is explained in three graph analysis on being the expenditure of the budget which shows a journey of 20 years from 2001 to 2020
(Budgets, 2021).
This chart shows an upward trend which has not actually laid on account of the increase trend bust has also provided a higher margin value amount which is increasing in value and show turn which has definitely laid to a higher value amount.
The line increased which showing the upward margin and the expense will not reduced on account of the factor that will be done in connection with the
Actual Amount     Previous Amount Highest Value Lowest Value Dates Value     Unit        
104618.00 Aud    103792.00 Aud    104618.00    9725.00    1959 - 2020    AUD
Million    
Frequency
Quarterly

The budget is explained in three graph analysis on being the surplus / deficit of the budget which shows a journey of 20 years from 2001 to 2020
(Pozzi, and Sadaba, 2021)
In actual analysis it is evident that the difference is in relation to the factor that country has seen a deficit balance only however, the balance was not negative but the difference is not that huge.
(Budgets, 2021)
The difference in 20 years has doubled where the country had gone as below as...
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