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Showing 1271 - 1280 of 9301 results for "Economics"

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... on this space about the large multiplier effect of the housing sector on the general economy and even quoted the HIA Economics Group's report revealing that: "The total multiplier for output and employment in the construction industry is estimated ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
Faced with slowing growth and above target inflation, what's a central bank to do? In the case of the People's Bank of China (PBOC), it's going for growth. In a surprise move, the Chinese central bank cut its seven-day reverse repo rate ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
I painted a picture of the latest domestic surveys and stats last week arguing that the RBA would need to cut interest rates some more to try and reverse the trend deterioration in the domestic economy. In it I briefly touched on the Australian dollar ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ...

Chief economist update: Lower iron ore a boon to the Aussie budget

BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
"It was the best of times, it was the worst of times..." - Charles Dickens, A Tale of Two Cities. In the case of iron ore prices, it's a tale of two markets this year - a bull market in the first half; a bear market in the second half. Iron ore ...

ASFA strikes back at super detractors

HARRISON WORLEY  |  WEDNESDAY, 13 NOV 2019
... an opportunity for the superannuation industry to move beyond the "rhetorical hyperbole and dysfunctional narrative economics of retirement funding" which have plagued public debate over the system this year. "Thirty years on from its modest beginnings ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
When the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point ...

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... good, cost-effective, unconflicted financial advice. Speaking to the House of Representatives Standing Committee on Economics Hartzer also said he regrets having to exit the financial advice business. "We concluded that it was uneconomic to meet all ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... sector can be observed in the world's biggest economies, except for Japan (which continues to decline). But as Markit Economics/Jibun Bank acknowledged in its Japan PMI report, "the sales tax rise and harsh weather conditions affected demand, as ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
It won't be over till it's over. Yes Virginia, the uncertainty that is Brexit festers on, pushed further until Britons have cast their vote at (yet another) general election to be held on 12 December (December 13 in Australia) and from there ...