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Showing 431 - 440 of 2873 results for "The Economy"

Government debt blows out 420%

KARREN VERGARA  |  TUESDAY, 20 APR 2021
... said Australia's 0.76% effective yield on its bonds on issue is much higher than for comparable countries because the economy has been performing strongly. "Investors have enjoyed superb returns from bonds in recent years, with Australian government ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... below central bank targets". "...wage and price pressures are subdued and are expected to remain so for some years. The economy is operating with considerable spare capacity and unemployment is still too high. It will take some time to reduce this spare ...

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
... companies that can benefit from the rich getting richer and are placed to benefit from servicing the large part of the economy that is getting poorer," Fisher said. An example of this, Fisher explained, was Pengana's holding in US-based chain store Dollar ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... saved." Treasury Secretary Janet Yellen's testimony was equally optimistic: "We are meeting at a hopeful moment for the economy"; "we're seeing signs of recovery". The reason he and she are seeing "trees of green, red roses too" is perhaps because ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... policy announcements, including the extension of the Coronavirus Job Retention Scheme and other measures to support the economy in the near term which had not been reflected in the February Report" - amounting to an additional £65 billion this year ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... Bushfires: Recovery funds to hit budget surplus. That was until the coronavirus got its first bite at Australia, sending the economy falling to its first-ever recession in 29 years that sent the unemployment rate up to 7.5% -- the highest level in two ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... recession and with positive economic growth in 2020. After contracting by 6.8% in the year to the March 2020 quarter, the economy advanced by 3.2%, 4.9% and 6.5% over the remaining three quarters of last year. But as Li underscored: "In 2021, China will ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... rising to 2.0% in 2021 and 2022. The uncertainty of it all is underscored by the Fed's statement that: "The path of the economy will depend significantly on the course of the virus, including progress on vaccinations. The ongoing public health crisis ...

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... magic ingredient for boosting business investment. A good starting point, though, is businesses having confidence that the economy will grow and that there will be demand for their products and services," he said. "Another important ingredient is having ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... that: "In the December quarter, direct economic support from the federal government halved... Yet at the same time the economy grew by 3.1%, 320,000 new jobs were added and 2.1 million Australian workers graduated off JobKeeper." With world economic ...