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Showing 401 - 410 of 1882 results for "GDP"

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
... "In the best-case scenario, which assumes the epidemic can be quickly contained and brought to an end by April, China's GDP growth is expected to slow to 5.4 per cent this year from 6.1 per cent in 2019," the report said. "...in the worst-case scenario ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... the Fed will cut rates at its September meeting is at 71.5%. Looking at current US stats, there's a case for both. US GDP growth accelerated at an annualised quarterly rate of 2.1% in December 2019 (from 1.1% in 2018) and the unemployment rate dropped ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... cure, research by PricewaterhouseCoopers suggests the coronavirus could cause a $2.3 billion reduction in Australia's GDP over the coming year, with jobs and tourism dollars taking a hard hit from a decline in Chinese tourists and students. The report ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
... warning over how much the virus will eat into global growth - the swine flu of 2009 was estimated to lop off 1.0% of global GDP. World Bank data shows global GDP grew by 4.4% between 2009 and 2010 (although this had been muddied by the substantial monetary ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... food, transport and the built environment industries together represent a potential economic benefit of over $210 billion in GDP, and an additional 17,000 full time jobs for Australia by 2047-48," it said. Increased investment in renewable energy technology ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... sectors. The Australian economy is also not without risk, with many economists predicting that the bushfire crisis could drag GDP by 0.25% for both the fourth quarter 2019 and the first quarter 2020. New research, coming out of investment giant UBS ...

Westpac appoints new chair

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... also held roles as chair of TheCityUK, the UK's coordinating financial services body which accounts for 11% of the UK GDP with over 1.3 million employees. "This experience, coup-led with his strong customer and employee focus, will be invaluable ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... the previous year's 6.4% rate and the weakest growth rate in 29 years, it was within the government's 6.0% - 6.5% GDP growth target and matched consensus expectations. Monthly activity data were also heartening. Year on year growth in industrial ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... high and the dividend yield this low was during the boom years (before the GFC), specifically 2006-2007. Australian annual GDP growth over those two years averaged 3.6% (compared with the latest reading of 1.7%); headline inflation at 2.9% (1.7%); the ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... amounts of carbon and provide massive economic benefits that are estimated at $33 trillion per year - the equivalent to the GDP of the US and China combined," he said. "It's critical that companies and policy-makers move faster to transition to a ...