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Showing 191 - 200 of 1438 results for "Recession"

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... economy expanded by 1.8% in the March 2021 quarter - the third consecutive quarter of growth since the pandemic-induced recession in the March and June quarters of 2020 - taking the annual growth in GDP up to 1.1% and national output above the level ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... Sixty-one percent of those aged between 18 and 34 are more risk averse compared to those aged 35 and over. "The great recession shaped and continues to shape the financial literacy and behavior of Gen X and Millennials more than a decade later. The COVID-19 ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... spending and business spending that would lift economic activity but with the economy a quarter away from another technical recession, rational expectations theory dictates that both consumers and businesses will defer expenditures, slowing overall economic ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... economy expanded by 1.8% in the March 2021 quarter - the third consecutive quarter of growth since the pandemic-induced recession in the March and June quarters of 2020 - taking the annual growth in GDP up to 1.1% and national output above the level ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
A panel of policy, research and economics experts at the Conference of Major Superannuation Funds offered their view of the COVID-19 recovery, revealing how the pandemic changed economies. AlphaBeta Australia managing director Amit Singh referred to ...

Keep COVID-19 in perspective: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Geopolitical tensions took centre stage at the Conference of Major Superannuation Funds, with experts urging the audience to look at COVID-19 in greater context. Founder and owner of IBISWorld and the Ruthven Institute, Phil Ruthven showed the audience ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... There's money, money and more money for almost every Australian to ensure that the country's emergence from its first recession in nearly 30 years is sustained. "You must spend money to make money." This quote, generally attributed to Roman playwright ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
The Eurozone is back - back in recession, that is, dragged down into a double-dip by the coronavirus -- its resurgence (third time unlucky), its variants and the slow pace of vaccinations. Preliminary estimates released by Eurostat show the single-currency ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... surplus. That was until the coronavirus got its first bite at Australia, sending the economy falling to its first-ever recession in 29 years that sent the unemployment rate up to 7.5% -- the highest level in two years and two months. The economic contraction ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... this isn't consistent with China being the only major economy that has come out of the COVID-19 pandemic without a recession and with positive economic growth in 2020. After contracting by 6.8% in the year to the March 2020 quarter, the economy advanced ...