Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 251 - 260 of 9310 results for "economics"

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... said. Economists are split on whether a rate cut will be delivered in February. Commonwealth Bank head of Australian economics Gareth Aird - who often held the view rate cuts were further on the horizon than others - said he believes a cut will come ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
The consumer price index (CPI) rose 0.2% in the December quarter and 2.4% annually, the Australian Bureau of Statistics (ABS) has revealed. The most significant price rises in the quarter were recreation and culture (+1.5%), and alcohol and tobacco ...

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Western Australia snatched the title of the country's best performing economy in the September quarter, ranking first in five of the eight economic indicators assessed in the CommSec State of States report. The state claimed the top spot twice over ...

Government must commit to fixing CSLR: FAAA

MATTHEW WAI  |  THURSDAY, 23 JAN 2025
... repeatedly reported to ASIC over many years, and that they took so long to act." "ASIC's own submission to the Senate Economics Committee's Wealth Management Companies Inquiry admits that they initially undertook a significant surveillance exercise ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
GSFM investment specialist Stephen Miller is predicting the RBA will deliver an interest rate cut in February. If it does occur, it will be the RBA's first rate cut since November 2020, and the first change in the official cash rate since November 2023. ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
Despite the raging bull market, and lower inflation and unemployment levels, JPMorgan Chase chief executive Jamie Dimon is "cautiously pessimistic" about the US economy in 2025. Dimon said in a CBS interview that geopolitical tensions underpin his stance ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
Australia's labour market has remained strong in the December 2024 read, according to the Australian Bureau of Statistics (ABS). The seasonally adjusted unemployment rate rose by 0.1 percentage point to 4% in December. "With employment rising by 56,000 ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
AMP deputy chief economist Diana Mousina has listed the top five things the AMP econosights team is hoping to see in 2025. Firstly, Mousina said that while higher trade tariffs are unavoidable given the incoming US President, she hopes the US will stop ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... interest rate cut predictions forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from 3.5%, in December. "We think this will ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Vanguard expects Australia's Gross Domestic Product (GDP) will gradually recover and increase by 2% in 2025 after experiencing its slowest growth rate in 32 years during 2024. Vanguard said this improvement will come despite the overhang of sticky inflation ...