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Showing 251 - 260 of 2165 results for "Recovery"

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... in a decade in May". But, as Ella Fiztgerald sings, "into each life some rain must fall". Australia's "jobs full" recovery brings with it that horrible thought that the Reserve Bank of Australia (RBA) and/or the federal government withdrawing their ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... liftoff comes, policy will remain highly accommodative. Reaching the conditions for liftoff will mainly signal that the recovery is strong and no longer requires holding rates near zero." True that. The Fed's latest economic projections bear this ...

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... is a lack of coherent housing market strategy for Australia and that this constitutes a barrier to the post-pandemic recovery. Nearly three quarters (73%) of the experts believed that high mortgage debts, reflecting high house prices, raise instability ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
"We have to take the economy through the pandemic and into a recovery phase, which has now started. We need to really anchor the recovery. We always talk about inflation anchoring and we are not oblivious to that. But the recovery needs to be firm ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... funds have continued to pare back losses in the strong rebound. "It's worth noting that the strong post COVID-19 recovery is very similar to the returns rally observed after the Global Financial Crisis (GFC)," the report said. "From November 2009 ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... of 21 cents in April". "The data for the last two months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages." This spell rising inflation.

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
... (currently doing its rounds in Asia, Latin America and including Australia's state of Victoria) could restrain the global recovery and weaken overall demand for oil. Already, the small increase in oil output has put further upward pressure on prices ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... September," it has said. Then again, it doesn't hurt to replay the RBA's rosy narrative that Australia's economic recovery has been stronger than expected and would continue to do so. The RBA revised up its 2021 GDP growth forecast to 4.75% ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... upgrade from the 4.2% (for 2021) and 3.7% (for 2022) predicted in its December 2020 report. However, it cautioned that the recovery is likely uneven... "In many advanced economies more and more people are being vaccinated, government stimulus is helping ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... restrictions, increased rate of vaccinations and stronger consumer and business spending combined to speed up the UK's recovery. This is underscored by the latest IHS Markit/CIPS PMI survey. Preliminary estimates reveal that the UK composite PMI ...