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Showing 431 - 440 of 1882 results for "GDP"

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
... economy, the cumulative effect of trade conflicts could mean a loss of around US$US700 billion by 2020, or about 0.8 per cent of GDP. As a reference, this is approximately the size of Switzerland's entire economy. "This widespread deceleration means ...

Leaving a legacy

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... more recent years, we have narrowed the focus down even further. We have a view that Australia's 20-odd years of unbroken GDP growth has twinned with migrant growth and the skills they brought. We continue to underline education in the Indigenous ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... concerns that the UK economy will slip into a recession in the third quarter have been eased by stronger-than-expected monthly GDP growth figures. The report shows that after contracting by 0.2% in the June quarter, GDP grew by 0.4% in the month of July ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... the cost of supporting its ageing population and pay down its ballooning national debt (the world's highest at 238% of GDP as at 2018 end). While the Japanese government's intention is honourable, the history of past consumption tax increases ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... cumulative effect of trade conflicts could mean a loss of around $US700 billion ($1 trillion) by 2020, or about 0.8 per cent of GDP. As a reference, this is approximately the size of Switzerland's entire economy." "This widespread deceleration means ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... are raining on the Politburo's parade - both threatening to further weaken China's already slowing growth. Chinese GDP growth slowed to 6.2% in the year to second quarter from 6.4% in the first. This is still within the government's 2019 ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... Frydenberg and Finance Minister Cormann with big smiles on their faces as they announced an A$690 million deficit - roughly 0% of GDP, roughly a balanced budget. But at what price? As I've ranted back in late August : "The classic excuse - government ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... assessments of appropriate monetary policy comes amid very little change in the Fed's economic projections. While 2019 GDP growth was revised a tad higher to 2.2% (from 2.1% in the June projections), the Fed still sees the economy growing at 2.0% ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... $1.5 billion for first-home buyers..." This was topped up with a second fiscal spending package amounting to around 4.2% of GDP. This is in tandem with the Reserve Bank of Australia's (RBA) series of interest rate reductions that took the official ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... mounting. In Germany - Europe and the Eurozone's largest economy - another recession is just one quarter away. German GDP growth contracted by 0.1% in the June 2019 quarter after expanding by 0.4% in the first quarter, more than halving the annual ...