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Showing 11 - 20 of 36 results for "Paul Bloxham"

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... to a clear loosening in the labour market," HSBC chief economist for Australia, New Zealand and global commodities Paul Bloxham said. AMP deputy chief economist Diana Mousina said Australia's unemployment rate bottomed at a near 50-year low of 3.4% ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... household equipment and services up 6%. Partly offsetting the rise was a fall in fuel, down 8%. HSBC chief economist Paul Bloxham said the figures were a win for Australians but it's too soon to declare victory in the fight against inflation. "Although ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... pause." After the RBA surprised the market in May lifting the cash rate by 25 basis points, HSBC chief economist Paul Bloxham concurs that a hike is unlikely, but equally can't be ruled out. "The arguments for holding steady include that: the recent ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... rule out next week; there is a high risk it could come next week." HSBC chief economist Australia and New Zealand Paul Bloxham agreed with Oliver's point. "The decision presents upside risk to the outlook for wages growth, which, in turn, may slow ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... ABS head of prices statistics Michelle Marquardt. Alongside this, HSBC chief economist Australia and New Zealand Paul Bloxham said local fuel prices rose by 2.9% month on month at the pump, as retailers passed on higher wholesale prices. "Prices for ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... when weighing up if the changes will help the pockets of Australians, HSBC chief economist Australia and New Zealand Paul Bloxham said it's still unclear. "Only time will tell if these arrangements can deliver better economic outcomes," he said.

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... of another 0.25% hike is very high." The latest inflation data is due to be released April 26. Meanwhile, HSBC's Paul Bloxham also believes the pause will remain. "For the RBA, the key is what the jobs market means for wages growth. Importantly, so far ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... (RBA) pause on interest rate hikes will likely linger, according to HSBC chief economist Australia and New Zealand Paul Bloxham. In a recent Financial Standard podcast, Bloxham said despite inflation still being high, the RBA will likely favour a "long ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... also justify keeping interest rates steady." HSBC chief economist for Australia, New Zealand and global commodities Paul Bloxham believes the RBA is done with hiking the cash rate and likely pause for the next few quarters. "Our view has been that the ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... final piece of the puzzle needed ahead of next week's meeting. HSBC chief economist Australia and New Zealand Paul Bloxham has previously favoured the prediction of halting rates and said the latest data signals inflation has reached its peak. "Our ...