Stephen Anthony is the Chief Economist at Macroeconomics Advisory and specialises in portfolio allocation and strategy briefing inputs for wholesale market participants. He is an applied econometrician/modeller with a strong track record of analysing and forecasting the Australian economy and global markets, and is considered something of a monetary and fiscal policy specialist.
Stephen is an experienced economic forecaster. He contributes to many forecasting panels including those at Bloomberg, the Reserve Bank of Australia, The Australian Financial Review, and The Conversation. He is a four-time winner of The Age / Sydney Morning Herald BusinessDay Economic Survey (2013, 2015, 2016 and 2018). He correctly predicted that Australia would most likely enter recession in February 2020 in the Scope Survey run by The Age / SMH. He correctly predicted the exact course of interest rate hikes in January 2023 while many major institutions had rates barely moving. At the same time he argued that Australia would avoid a recession and marked slowdown in 2023.
RBA interest rate pause on the cards, The Australian Financial Review
Most economists do not expect the RBA to cut rates in 2023, The Australian Financial Review
Over the past three decades, Stephen has worked in the Federal Treasury and Department of Finance, the International Monetary Fund, and in the private sector providing advice on macroeconomic policy, taxation reform, and budget analysis. Stephen was the lead economic analyst and advisor to the Australian Capital Territory’s Taxation Review and was Chief Economist at Industry Super Australia for almost six years.
Stephen is a Senior Adviser at the Monash Centre for Financial Studies and is an Adjunct Professor in the Faculty of Business, Government and Law at the University of Canberra attached to the National Centre for Social and Economic Modelling. He is a member of the New South Wales Community Housing Industry Council (CHIC) and a foundation member of the Melbourne Economic Forum.
Stephen holds a first-class honours degree in economics from La Trobe University in Melbourne, a Masters in Public Policy from Georgetown University in Washington DC, and a PhD in Economics from La Trobe University.
