Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 455 results for "June quarter 2013"

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... good news is that, my back of the envelope calculations show that the wage price index has to grow by 0.18% in the June quarter (1.68% year-on-year) to match the Budget 2018/19 forecast of 2.25% growth. The tax cuts embedded in the Budget should also ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
The financial markets' response to the Australian Bureau of Statistics' Consumer Price Index report was a big "HO-HUM." With the report released a day before ANZAC Day, the response could have been because market players' thoughts were on something ...

All up and all together now

BENJAMIN ONG  |  MONDAY, 4 DEC 2017
There's no denying that growth in most major economies stepped up in the third quarter of this year but if current indications are on the ball, the fourth quarter will be better. Year-on-year GDP growth rates in the US, the Eurozone, Japan, the UK and ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
"You can't make people be confident, I certainly can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink." This was then RBA governor Glenn Stevens' statement to the House of Representatives Standing Committee on ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
There wasn't really anything earth-shattering in US Federal Reserve Chair Janet Yellen's testimony before the Joint Economic Committee of the US Congress overnight where she discussed 'The Current Economic Outlook and Monetary Policy'. Growth is gaining ...

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
It's 21 days before the US Federal Reserve proclaims to the world that the fed funds rate is 25 basis points higher to 1.5%. Gauging from the CME FedWatch Tool, this is 91.5% certain. I don't think anybody can quibble with this. But one striking point ...

Less liquidity to lessen risk

BENJAMIN ONG  |  TUESDAY, 14 NOV 2017
Fresh data out of China suggests that the central government and the central bank's efforts to reduce liquidity in the system are starting to have an impact. China's M2 money supply went up by 8.8% in the year to October after rising by 9.2% in the ...

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
It's beginning to look a lot like the Grinch will steal Christmas 2017 and investors would be happy just to get the two-front teeth in their hanged stockings. That's the feeling many an investor would get upon the reading the nasty news, exemplified ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... disposable income - its annual growth slowed from 3.2% in the December quarter and 2.1% in the March quarter to 2% in the June quarter - the least since the 1.8% recorded in the December 2009 quarter. If the lead from the latest AiG PMI surveys is any ...

Jobs galore

BENJAMIN ONG  |  FRIDAY, 20 OCT 2017
... "pay rise" to rebuild their dwindling savings - household savings ratio dropped to a nine-year low of 4.6% in the June quarter - before deploying their higher salaries elsewhere. In addition, they'll want to build a sufficient buffer to service their ...