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Showing 341 - 350 of 2878 results for "The Economy"

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... numbers were affected by floods and the Omicron strain. But the bank affirmed that growth remained robust and expected the economy to grow 4.1% year on year in 2022. In a statement, Barclays said that it had a much weaker outlook for China that was likely ...

US Fed indicates several more half-percentage rate rises

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... delicate of central bank high-wire acts: charting a path between getting inflation back toward target without tipping the economy into recession." "Of course, a fortuitous mix of productivity gains, unblocked supply chains, increasing labour force participation ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... inflation rose close to the centre of the 2-3% range for the first time in years. At the most recent May board meeting, the economy looked even stronger than had been forecast in the months prior; unemployment declined to extremely low levels and inflation ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... cornerstone of the Australian retirement system and has the power to lift living standards while having a positive impact on the economy. An ISA statement said that Australians would strongly support the increases. The industry body also praised the ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... comes earlier than the guidance the Bank was providing during the dark days of the pandemic." Though Lowe added: "The economy has been much more resilient than was expected." "The combination of fiscal and monetary support has worked and the development ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... begin winding back the support put in place during the pandemic. It's the first rate rise since November 2010. "The economy has proven to be resilient and inflation has picked up more quickly, and to a higher level, than was expected," Lowe said. ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... years. HSBC noted that either of these two moves would mean the next few weeks of local media reports and commentary on the economy would be dominated by interest rate news. As such, the other option the RBA has at its disposal is to keep the cash rate ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... affordable housing is a goal that is shared by both the Coalition and the Opposition. It impacts on the functioning of the economy as well as the wellbeing of individuals and the cohesiveness of communities and society."

Labor MP savages government's superannuation record

ANDREW MCKEAN  |  THURSDAY, 28 APR 2022
... ideas". Jones said he recognised the enormous opportunity of working with superannuation and investors to rebuild the economy. He also relayed a message given to him this morning by opposition leader Anthony Albanese, which was of stability and security ...

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... contained the virus throughout most of 2020 and 2021... The Australian government's cautious approach has benefited the economy," it said. "International trade remained strong in most sectors, partly thanks to high commodity prices. Australia's international ...