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Showing 61 - 70 of 2699 results for "The Economy"

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... added that the government's recent decision to make savings in the budget, rather than recycle the money back into the economy, will further assist the goal to lower inflation. "The government had a very big increase in revenue both from what's happened ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... to decide what is to be done in response to what has happened. The financial services industry is too important to the economy of the nation to allow what has happened in the past to continue or to happen again." When it came to information asymmetry ...

Could the anti-woke movement come to Australia?

ROSE MARY PETRASS  |  WEDNESDAY, 24 MAY 2023
... price externalities. We need to make sure we speak to language of investments and ESG as a long-term value creator." "The economy should serve the needs of society. If that's woke, then so be it!" The importance of a just transition The speakers ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
... December 2021, Londsdale said that the disorderly failure of an APRA-regulated entity could have a significant impact on the economy and society. Further, while there'd been marked advancement in the contingency planning of APRA-regulated entities, enduring ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... The Reserve Bank of Australia (RBA) has admitted more interest rate rises might be on the horizon depending on how the economy and inflation track, but CommSec senior economist Ryan Felsman believes an increase next month is unlikely. In the minutes ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... Reserve Bank of Australia (RBA) is focused on cooling inflation, it's unlikely the May budget will look to boost the economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent the cash rate ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... our 2% goal," Powell said. "Price stability is the responsibility of the Federal Reserve, without price stability the economy doesn't work for anyone. Without price stability we will not achieve a sustained period of strong labor market conditions ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... recent CPI print signalled progress is being made on the inflation front and we suspect the RBA would like to see how the economy evolves during this period of heightened mortgage resets. They will likely attempt a hawkish tone by dangling the possibility ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... discussed the uncertainties surrounding the impact that historically rapid increase in interest rates would have on the economy. "Members first discussed the case for a further 25 basis point increase in the cash rate target at this meeting. This case ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... nation building, he doesn't just misunderstand that it's not his money, he fundamentally misunderstands how the economy works," Taylor said. "Arguments that super is not doing enough, by delivering returns to your members, are Trojan horses for ...