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Showing 11 - 20 of 2410 results for "Economist"

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... fall in the month of July. Excluding the rebates, electricity prices would have risen 0.9% in July." Betashares chief economist David Bassanese said that while the further slowing in annual inflation is welcome, it may not mean an interest rate cut is ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... fruition, the board does not feel comfortable commencing an easing cycle until it has seen more economic data." AMP chief economist Shane Oliver agreed that interest rates were likely to come down and added that more should be done by the government ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... of economic growth, halted only by the COVID-19 pandemic, is unequalled by any other developed economy," CEDA senior economist Melissa Wilson said. "But we also face significant structural change: ageing populations; climate change; technological shifts ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
US Federal Reserve chair Jerome Powell has declared that inflation is on a sustainable path back to the 2% target and the "time has come" to start cutting interest rates. Powell spoke to global central bankers, policymakers, economists, and academics ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... investment professional. He came across from QSuper 13 years ago and earlier worked at the Reserve Bank of Australia as an economist and portfolio analyst. The third new leader, Zoe McHugh, joined Sunsuper just before it merged with QSuper to create ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... Australia on Monday, going as far as calling those claiming to know-it-all "false prophets". Bendigo Bank's chief economist David Robertson supports the RBA's sentiment, saying Australians should only expect a rate cut by the RBA six to nine ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... been paid at different times across quarters depending on the timing of individual agency agreements," she said. AMP economist My Bui said the biggest wage rises came from industries with a large proportion of public employees such as healthcare and ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... first 25bp interest rate cut in November 2024." However not everyone is on board with a November rate cut. HSBC chief economist Paul Bloxham said the RBA's concerns over persistent inflation will keep the central bank on hold for longer. "We see the ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... This is the first increase in annual CPI inflation since the December 2022 quarter." State Street Global Advisors APAC economist Krishna Bhimavarapu said the rise in inflation came in above expectations but an interest rate hike by the Reserve Bank of ...

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... both strong employment and population growth, at a time of higher-than-desired price inflation," said CommSec senior economist Ryan Felsman said. "South Australia's continued high-ranking is being driven by a solid job market and construction activity. ...