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Showing 271 - 280 of 9312 results for "economics"

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The Financial Advice Association Australia (FAAA) has made a submission to the Senate Economics Committee inquiry into wealth management companies, highlighting financial advisers' concerns around the Compensation Scheme of Last Resort (CSLR). Specifically ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... for a February rate cut button pending a further softening in the incoming data." Commonwealth Bank head of Australian economics Gareth Aird agreed that a February rate cut seems feasible. "Once again monetary policy was characterised as 'restrictive'. ...

Productivity slump threatens asset returns: Shane Oliver

ANDREW MCKEAN  |  WEDNESDAY, 11 DEC 2024
The supply-side productivity-enhancing reforms of the Hawke/Keating Labor government, continued by Howard/Costello, have since stalled, leading to a decline in productivity - a key catalyst in the deterioration of living standards, according to AMP ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank of Australia (RBA) will deliver its final interest rate decision today, with a hold predicted by most experts. The RBA has kept rates on hold at 4.35% all year, despite other global central banks having begun a rate cutting cycle. But ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... fields of business, administration of companies, financial markets, financial products and financial services, law, economics, accounting, taxation and credit activities and credit services. The reappointed members are Shabnam Amirbeaggi, Debra Anderson ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... investment managers. "[We] would help them get it into the marketplace using our brand and our reach and we would split the economics with them as such. So, the keys for us would be a large, established manager with very distinctive performance and track ...

Commonwealth Bank names chief economist

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... leverage cutting-edge AI technology and one of the most comprehensive financial data sets in the country, that provides our economics' team with unparalleled insights into Australia's macroeconomic environment. "We are delighted to welcome Luke to Commonwealth ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
AMP chief economist Shane Oliver has shared his "worry list" for 2025, outlining the risk of recession, trade wars and geopolitical turmoil. Oliver said just as with 2024, the list of concerns for investors heading into 2025 is long, and "even more ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Australian gross domestic product (GDP) rose 0.3% in the September quarter 2024 and by 0.8% since September 2023, according to figures released by the Australian Bureau of Statistics (ABS). "The Australian economy grew for the 12th quarter in a row ...