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Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
It wasn't so long ago - before the COVID-19 pandemic struck to be precise - that every other central bank around the planet were hopin' and wishin' and prayin' for consumer price inflation to, at the very least, move higher to within ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... government withdrawing their policy largesse. Que horror! Monetary and fiscal accommodation no more! We all wish and hope and pray that everything returns to pre-pandemic normal. So, why are financial markets throwing a tantrum at mounting indications ...

Chief economist update: How do you solve a problem like Australia's housing?

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2021
Tell us something we, Australians all, don't already know. Those who have (at least one) are salivating, wringing their hands and thanking their lucky stars. Those who don't are still pounding the pavement - winter, spring, summer and autumn ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
"I think I can make it now, the pain is gone All of the bad feelings have disappeared Here is the rainbow I've been prayin' for It's gonna be a bright (bright), bright (bright) Sun-shiny day." -- Johnny Nash, "I Can See Clearly Now" Do you ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
... Biden with no other choice but to freeze social and business activity to contain the outbreak. That, or hope and wish and pray that vaccinations become operative in time for Christmas.

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
If this is as bad as it gets, give me coronavirus everyday (well, hope not). The Australian Bureau of Statistics' (ABS) reported that employment increased (yes, it's up) by 5900 in March and the unemployment rate ticked up by an itsy-bitsy-teenie-weenie ...

Old boys, girls clubs dominate boards

ALLY SELBY  |  FRIDAY, 7 FEB 2020
... out the hard and soft skills they need, so put together a poor-quality PD, which then results in generic applications in a 'pray and spray' approach from candidates who become frustrated at their lack of success," Braund said. Braund said the research ...

La Trobe, State Super donate to bushfire appeal

ELIZABETH MCARTHUR  |  THURSDAY, 9 JAN 2020
La Trobe Financial is set to donate $1 million to the bushfire relief effort, while State Super has said it will donate $10,000 and match each donation made by its employees. La Trobe has announced it will donate $1 million, split between the Salvation ...
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