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Showing 331 - 340 of 9301 results for "economics"

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... on average over time. As such, total household savings are almost always on an upward trend," CBA head of Australian economics Gareth Aird said. However, Aird said Australians have been drawing down on their savings since late 2022 due to increased mortgage ...

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
The potential re-election of Donald Trump will likely jostle inflation and interest rates, and stoke further trade wars with China, according to Morningstar. If Trump wins in November, Morningstar director of equity research for Australia and New Zealand ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
A new study from global consulting firm Kearney revealed the number of zombie companies in Australia increased 13.6% in the past year. Zombie companies - those which don't produce enough profits to cover debt obligations - now account for 5.8% of ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Living costs have risen for all Australian household types in the June quarter, according to data from the Australian Bureau of Statistics (ABS). ABS head of prices statistics Michelle Marquardt said increases in living costs in the June quarter ranged ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... can't let inflation get away." Despite the RBA's sentiment, Commonwealth Bank of Australia (CBA) head of Australian economics Gareth Aird held his prediction for a November cut. "The overall message out of the RBA was a little more hawkish than we anticipated. ...

Chalmers 'confident but not complacent' on economic prospects

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Treasurer Jim Chalmers has spoken out on the likelihood of Australia falling victim to the impacts of a potential US recession. This comes after global markets sustained a major sell-off, with the ASX losing $102 billion on Monday, after US data revealed ...

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
Brookfield has acquired a 50% stake in Journal Student Living, an extension of a joint venture formed with integrated property business Citiplan in late 2021. The collaboration saw the two parties acquire a PBSA development site on Grattan Street opposite ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... suggesting it is amenable to measures that stimulate more downward pressure on inflation if needed." Deloitte Access Economics partner Stephen Smith said today's figures should "put to rest" the idea that another rate hike was on the horizon. Smith said ...

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
A solid job market and construction activity has seen South Australia top the economic performance leaderboard in the latest CommSec State of the States report for the third quarter in a row. The State of the States report assesses the performance of ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
... years and add nearly 500,000 clients to their books if they are proactive in managing seven key factors, Deloitte Access Economics says. Despite the enormous regulatory and qualification upheavals advisers experienced since the Hayne Royal Commission ...