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Showing 91 - 100 of 596 results for "consumer spending"

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... continued high underemployment rate which, would maintain pressure on wages growth. Low wages growth equals less consumer spending equals less business revenues and profits equals less need for additional staff. The pictures all call for more RBA rate ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... consumption, with the sustained period of only modest increases in household disposable income continuing to weigh on consumer spending." These were Reserve Bank of Australia (RBA) governor Philip Lowe's words after the board decided to keep the ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... at the same time cut their spending. Since one person's spending is another person's income, reduced consumer spending leads to less company revenues, lower profits, cutbacks in business investment on buildings & structures and equipment and ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... oil prices would provide a tailwind to economic growth in terms of increased household disposable income and consumer spending, and lower business input costs, increasing margins and profits that ultimately spur higher business investment in plant, equipment ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... ammunition. This is apart from the fact that the general global economic uncertainty is hindering business and consumer spending, and therefore, providing no multiplier effect in terms of growing the economy. Years of accommodative monetary policy has ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... month. Its negative correlation with wages growth suggest continued weak growth in pay that, in turn, discourage consumer spending and therefore, weaker overall economic growth. The RBA could cut rates to zero (even negative) and even embark on QE, but ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... "It's time for the government to step in and step up by applying Keynesian economics and "crowd in" business and consumer spending." This is because "...businesses aren't even enticed to borrow and invest at these current historic low levels ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... It's time for the government to step in and step up by applying Keynesian economics and "crowd in" business and consumer spending.

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... response to the current situation. Moreover, while monetary policy is a powerful tool that works to support consumer spending, business investment, and public confidence, it cannot provide a settled rulebook for international trade." Not to mention central ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... affordability guidelines, investor friendly government policy reassured and tax incentives in place to encourage consumer spending, now may be the right time to re-enter local equities and property markets," he said. On an aggregate basis, the number ...