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Showing 291 - 300 of 2877 results for "The Economy"

Interest rates will jump to slay "the evil of inflation": Lowe

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... necessary to achieve that. "The board is seeking to return inflation to the 2-3% range while at the same time keeping the economy on an even keel. It is still possible to do this, but there is a lot of uncertainty, and we could be knocked off that narrow ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... is still clearly displaying its anti-inflation resolve - while lessening the risk of over tightening and weakening the economy by more than desired. "Indeed, returning to a 50-basis point hike next week would really be only out of fear not reality of ...

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... inflation, you want to own companies where earnings are dictated by the quality of their franchise, not the direction of the economy." Cognisant of the likelihood of material earnings downgrades across the market, Bell reaffirmed that to help mitigate ...

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... wellbeing of the Australian community with a strong and stable financial system that underpins the functioning of the economy," Lonsdale said. "The challenges in front of us are significant - a rapidly shifting macro-economic environment, rapid technological ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... Disability Insurance Scheme (NDIS), hospitals, aged care, medical benefits, Age Pension and defence - growing faster than the economy. These spending pressures have become even more pronounced since the election," Budget documents say. Treasurer Jim ...

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 ...