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Showing 161 - 170 of 528 results for "Economic outlook"

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... low and middle income tax offset". (ABS) In what could be construed as a negative verdict on the country's economic outlook, the gains from lower borrowing costs and the tax cuts are being saved instead. The household savings ratio jumped to 4.8% ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... worst and is ready to act if necessary: "Monetary policy could respond in either direction to changes in the economic outlook in order to ensure a sustainable return of inflation to the 2% target." "The Committee will, among other factors, monitor closely ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
The race that stops the nation - the Melbourne Cup - is upon us. There'll be a lotta betting and hopin' and wishin' and prayin' for a chosen steed to make it past the finish line in first place. Cross Counter is the odds-on favourite ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
The International Monetary Fund (IMF) recently released its 'World Economic Outlook' report for October where it slashed its global growth projection to 3.0% this year (from 3.2% forecast in July) before rebounding to 3.4% (downgraded from its ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
... these heavyweight international institutions are looking in the same direction... downwards. The IMF's World Economic Outlook report for October forecast world GDP growth to slow from 3.6% in 2018 to 3.0% in 2019 before rebounding to 3.4% in 2020. ...

IMF predicts bleak Australian outlook

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... economy will weaken a full percentage point in 2019 down to 1.7% growth from 2.7% last year. In its latest World Economic Outlook report, the IMF warned of a "synchronised global slowdown" to the weakest pace since the Global Financial Crisis. "Rising ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
"Just when you thought it was safe to go back in the water..." - Jaws The history of the US-China trade negotiations has followed a pattern ever since it began in 2018 - rhetoric from both sides building hopes for a deal only to be followed by escalating ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... reductions would only lead to unintended consequences and undesired effects, that is raising greater concerns over the economic outlook. It's time fiscal policy lends a helping hand by ditching the government's obsession in getting a budget surplus ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
"Help, I need somebody... Help me if you can, I'm feeling down... Help me get my feet back on the ground Won't you please, please help me." -- The Beatles Most major world central banks have already cut interest rates (more than once) and/or ...