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Showing 11 - 20 of 663 results for "GDP growth"

Singapore to be millionaire capital by 2030: Report

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... added economies that grow faster naturally accumulate wealth at a quicker pace. Projections based on trend nominal GDP growth for all Asian markets, as well as the US showed; aggregate financial wealth in Vietnam and India looks set to rise by at least ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... flooding in the states of Queensland and New South Wales." Unlike nearly all other developed countries, Australia's GDP growth projections for 2022 increased slightly from the OECD's December estimate. Though, its inflation projection grew from ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... Q1 and 3.3% year on year. While more positive than expected, the latest figures represented a slowdown from the 3.4% GDP growth realised last quarter. Barclays said the most recent GDP numbers were affected by floods and the Omicron strain. But the bank ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... performance over recent years, Australia has endured, relatively unscathed from the political tensions that grip our allies. GDP growth has been slow as has productivity, cost of living has ballooned and wages have stagnated in spite of low unemployment ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Australia, together with other rich countries, can expect economic activity to slow down in 2022 as coronavirus outbreaks continue to put a spanner in the works. Fund manager PIMCO has downgraded its developed markets outlook for countries that also ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... quarter) and continues to this day. Over the same period (and through the fourth quarter of last year), the annual GDP growth rate in Australia, the US, the Eurozone, Japan and the UK were still preceded by a negative sign. But this success comes at ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... inflation surged from a low of 2.95% in August 1972 to 12.1% by December 1974 while the US economy stagnated, with annual GDP growth collapsing from 7.6% in 1973 to negative 2.3% by 1975. The unemployment rate soared from 4.6% to 8.6% over the same period. ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... countries, but the recovery will soon slow, according to the OECD. The OECD's Economic Survey of Australia projected GDP growth of 4.0% in 2021 and 3.3% in 2022, recovering from a drop of 2.5% in 2020. However, the OECD expects the economy to contract ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
... showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking Australia's annual GDP growth rate up, up (and away) to 9.6% -- the highest year-on-year growth rate on record (1960s is all I have). Australia is up ...

Delta to impact real estate market: Analysis

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... Meanwhile, Sydney's ongoing lockdown and stubborn case numbers is predicted to lock in another negative quarter of GDP growth for the Australian economy, reversing the positive impact seen earlier in 2021 when the elimination approach was successful ...