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Showing 1221 - 1230 of 13340 results for "Economic"

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... will be necessary in the coming months to bring inflation back in line. The RBA will continue to closely monitor global economic developments, household spending, inflation, and the labour market to determine the extent of future interest rate hikes ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
The Reserve Bank of Australia (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... the deflating of a decade of booming stock markets and cheap money. But from a wider perspective, it is in line with economic logic: as companies reach the bottom of the business cycle, they begin to think about the opportunities to come."

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
Battling inflation will be the main economic focus for the government this year. Treasurer Jim Chalmers outlined the government's "major priorities" during his address at the Chifley Research Centre Conference on Sunday and said its going to be a big ...

IFM Investors buys biogas developer

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2023
IFM Investors acquired a majority stake in a US-based biogas company, but global head of infrastructure Kyle Mangini says it's not about driving an ESG outcome. The purchase of GreenGasUSA is part of IFM Investor's IFM Net Zero Infrastructure ...

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... or a cap on income for those able to receive a deduction could be adopted," it suggested. "We also believe there is an economic good to come from more people accessing financial advice as it tends to lead to a lower reliance on social services such as ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
The US Federal Reserve has increased its benchmark interest rate by 25 basis points, the smallest move since March last year. The quarter-point increase shifted rates to 4.75% from 4.5%. In making the announcement the Fed signaled more rate rises could ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
Over the last year, Australian shares have outperformed their global counterparts, and AMP Capital chief economist Shane Oliver believes this trend will continue. To get a handle on the future, he said, it's useful to understand the past, saying the ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... Australia's economy is on a narrow path to a soft landing, with downside risks. An IMF report said downside risks to the economic outlook dominate, with uncertainty regarding global growth, commodity prices, and domestic developments surrounding wages ...

Lendlease launches first BTR project in Australia

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
... residential BTR sector has been one of the firm's strongest global convictions for some time, now given its resiliency through economic cycles and the community benefit of the commitment to increase the places for people to live. "We are excited to be ...