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Showing 1401 - 1410 of 13339 results for "Economic"

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... growth slowing next year and inflation decelerating," the IMF said. "Tighter monetary policy will inevitably have real economic costs, but delaying it will only exacerbate the hardship." The IMF recommended that central banks that have started tightening ...

Office for Women combats financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... the total cost to victims in Australia was estimated to be $5.7 billion; there was a further $5.2 billion in broader economic costs felt.

Victoria has the best economy - but not by much

CHLOE WALKER  |  MONDAY, 25 JUL 2022
... Craig James reiterated the closeness of the states and territories results. "Victoria leads the way on two of the eight economic indicators," James said. They are relative unemployment and retail trade. It also ranked second on construction work done ...

Foreign investment fees to double

JAMIE WILLIAMSON  |  FRIDAY, 22 JUL 2022
... highly-skilled workforce," he said. "We welcome foreign investment in Australia because it plays a crucial role in Australia's economic success and will continue to be important into the future. He added that the changes will help the Albanese government ...

Tax exemptions overwhelmingly benefit the wealthy: OECD

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
An Organisation for Economic Co-operation and Development (OECD) report indicates that Australia's lack of capital gains tax has led to a monumental increase in house prices that have unfairly affected the less wealthy. The report states that between ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... die, our hospitals were expected to be overflowing, many people were expected to lose their jobs and deep social and economic scarring was anticipated." Lowe continued: "In this environment, the RBA had a strong insurance mindset." "Many other central ...

Recession a distinct possibility: Natixis

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
Most investment strategists believe that a recession is a distinct possibility over the next six months, with a Natixis survey showing that nearly one-quarter think it's inevitable. "After six months of navigating rising rates, inflation and geopolitical ...

Josh Frydenberg joins Goldman Sachs

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
... Kevin Sneader said the firm is fortunate to have Frydenberg on board. "His significant understanding of geopolitical and economic issues will bring considerable value to our clients across the region and beyond," he said. Meanwhile, Goldman Sachs Australia ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... Reserve Bank of Australia (RBA) since the 1990s. In the context of Australia facing a complex combination of difficult economic conditions, Chalmers said now is an opportune time to get the ball rolling on an RBA review; a review which Chalmers believes ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... cost-of-living crisis in this country." O'Neil said Australia's system is broken and that wage growth could be an engine of economic growth in a country that relies so heavily on domestic consumption.