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Showing 121 - 130 of 2382 results for %22Economist%22

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... views on the current stagflationary environment. "Inflation's certainly here to stay in the near term," QIC chief economist Matthew Peter said. "The central banks aren't going to get a lot of signal from prices for inflation to alter their path. ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... prices and sharp increases in the cost of new dwellings." On today's move by the Fair Work Commission, AMP senior economist Diana Mousina said: "The fall in real wages which is currently at its lowest level could be boosted by the big lift in the ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... of aggression, which is causing lower real incomes, lower growth and fewer job opportunities worldwide." OECD chief economist Laurence Boone added: "The Outlook is sobering and the world is already paying the price for Russia's aggression. The choices ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... index increased by 5.1%, while the wage price index increased by 2.4%," stated a Finder survey. Moody's Analytics economist Harry Murphy Cruise said that inflation will continue to outpace wage growth, but only in the short term. "In the short term ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

AMP establishes AMP Investments

JAMIE WILLIAMSON  |  TUESDAY, 31 MAY 2022
... institutional and retail client. The AMP Investments team is made up of former AMP Capital multi-asset staff, including chief economist Shane Oliver, and external hires. These include head of portfolio management Stuart Eliot who joined in April from ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... slumped 3% and the S&P500 1.6%. However, as market turmoil continues to take hold, T. Price Rowe chief international economist Nikolaj Schmidt has called for calm. "The current inflation surge rests on a few moving pieces but is mostly cyclical and central ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
An ACTU report has blasted the Coalition government for the consistent entrenchment of low wage growth. The Morrison missing in action on wages report shows that over the entire term of the Morrison government, real wages have fallen by 2.3%. This is ...