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Showing 1 - 10 of 17 results for "David Bassanese"

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... of July. Excluding the rebates, electricity prices would have risen 0.9% in July." Betashares chief economist David Bassanese said that while the further slowing in annual inflation is welcome, it may not mean an interest rate cut is on the cards. "Today's ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... from 3.5% to 3.6% in April, while seasonally adjusted CPI was even higher at 3.8%. Betashares chief economist David Bassanese said with consumer spending already weak, lingering inflationary pressures in Australia appear to largely reflect cost-push ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... path back to the inflation target with the cash rate staying at its present level." Betashares chief economist David Bassanese also said the overall continued decline in inflation further cements the case for the RBA leaving interest rates unchanged ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... months and doesn't want to unnecessarily burden the population." On the RBA decision, BetaShares chief economist David Bassanese said: "Despite this week's higher than expected CPI inflation result, there remains a good case for the RBA to stick with ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... time, splashing the cash will be no antidote for what ails the economy," he added. BetaShares chief economist David Bassanese said: "Ultimately, the treasurer's work shows potential, but he missed what will arguably have been the best time cyclically ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... capital gains tax discount. Treasurer Josh Frydenberg said he has no plans to raise GST. BetaShares chief economist David Bassanese said the recommendations have a "snowball's chance in hell" of ever making it through Australia's political system. "Raising ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... long-overdue reform that clearly puts the interests of consumers first." Likewise, BetaShares chief economist David Bassanese agreed that the budget's initiatives seemed "well designed" in providing a boost to household and corporate spending. "If a ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... Plan is slated for 2024/25 with 95% of tax payers facing a tax rate of 30% of less. BetaShares chief economist David Bassanese said the potential boost to both consumer spending and business investment suggests upside risks to the government's economic ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
... on indefinitely, and a snap back is necessary to rebalance the market." Similarly, BetaShares chief economist David Bassanese said the market highs were covering up challenging local fundamentals. "Australia's market has been pulled along by the ...

New SMAs launch

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
... investment team and engagement and Luke Price as portfolio manager and head of research. BetaShares' chief economist David Bassanese is an independent analyst for Ethical Advisers Funds Management. Price said there is already around $21 million invested ...
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