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Showing 191 - 200 of 2870 results for "The Economy"

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... revenue," Gallagher said. Nevertheless, growth is forecast to moderate in the near-term as domestic activity wanes. The economy is expected to expand by only 1.75% in 2023-24, before regaining momentum in 2024-25 as improving real incomes growth support ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... Bullock said. "The effects of recent rate hikes, including the one in the previous month, will continue to affect the economy." Bullock recognised that high inflation is causing a strain on people's real incomes, leading to weak household consumption ...

Don't abandon 60/40: J.P Morgan

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
As the economy enters a period of transition, J.P. Morgan Asset Management (J.P. Morgan) has stressed the long-term advantages of the iconic 60/40 portfolio. The J.P. Morgan Asset Management 2024 Long-Term Capital Market Assumptions (LTCMAs) report ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... securitisation market has played its part in a resilient financial system that mitigated the impact of the pandemic on the economy." Elsewhere, Gryphon Capital Investments chief executive Steve Fleming said: "Our deep lens into the domestic mortgage ...

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... equitable merger controls. It said there is evidence that the intensity of competition has weakened across many parts of the economy, accompanied by increasing market concentration and markups in many industries. The decline in competition was identified ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... high rates of inflation, so they want to be compensated for that, but in the long term, it's not sustainable for the economy to maintain wages growth at 4%." As per today's ABS data, the unemployment rate rose by 0.2% to 3.7% in October. The ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... fiscal year and said this demands vigilance and focused efforts from the banks. "On the one hand, the worst fears about the economy and the impact on the banks have not yet come to pass. Credit growth remained healthy if slowing, and households and businesses ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... UBS added its outlook for Australia is above consensus and the RBA target until 2025 for several reasons, including the economy's resilience to rate hikes, record migration, low unemployment, stimulatory fiscal policy, and government wages policy which ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... government has some tough calls to make regarding the nation's infrastructure pipeline as part of its plan to regenerate the economy. Following Labor's review of its multibillion-dollar Infrastructure Investment Program, led by the minister for infrastructure ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... above-target inflation to become entrenched and ultimately require monetary policy to wring more persistent inflation from the economy at a high cost to employment. Doing too much could also do unnecessary harm to the economy." Given the uncertainties ...