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Showing 291 - 300 of 2872 results for "The Economy"

Federal Budget is challenging: Economist

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... pushing electricity prices and pushing inflation - which will keep interest rates higher for longer, which will slow the economy down, which will add to unemployment. Or in other words, gas prices are very central to a bunch of the bad things that are ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... wasn't sufficient to restore the level of competitiveness of Australian labour to its pre-boom levels and absorb all the economy's spare capacity. Rather, that was achieved by slower growth in the cost of labour in Australian dollar terms relative to ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... on average, for around 24 years compared to 13 years in the 1970s, finding a solution is critical to the health of the economy," Minney said. The impact of inflation on a retiree's lifestyle can be dramatic, even with modest inflation. Unlike, accumulators ...

Northern Trust names global macro fixed income head

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
... management and the Federal Reserve Board System. A long-time advisor and consultant, Bomfim brings deep knowledge of the economy and financial markets, Northern Trust said. Most recently, he served as special advisor to the Federal Reserve as well as ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... spending. "On a macro level, if we have an ageing population who have significantly reduced their spending, we risk the economy shrinking, in an environment where reduced wage growth, rising inflation and reduced investment returns across many asset ...

PwC appoints chief economist for Australia

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... continue to provide unique insights that help to illuminate and solve some of the important problems facing our clients, the economy and our wider society." Before joining PwC, Auster was chief executive of the Infrastructure and Project Financing Agency ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... policymakers. Despite these threats, the RBA called Australia's financial system "resilient" and well positioned to support the economy through a more challenging period. "Insurers' capital levels remain well above regulatory minimums, despite a recent ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... global factors explain much of this high inflation, he believed that strong domestic demand relative to the ability of the economy to meet that demand was another contributing factor. The increase in interest rates will help achieve a more sustainable ...

Members want super funds to adopt crypto: Survey

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
... Nevertheless, she proposes that it's imperative for funds to get across the investment opportunities in crypto because the economy is moving toward digital adoption. Also, previously speaking to Financial Standard, Crypto.com general manager APAC ...

Consumer confidence jitters abate

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
... regarding the Australian economy has seen a marked improvement. One-in-six Australians are expecting "good times" for the economy over the next five years (the highest figure for this indicator for over five months). In contrast, 16% expect "bad times" ...