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Showing 31 - 40 of 512 results for "Economic outlook"

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... of stressed assets, however we boosted credit impairment provisions this half reflecting the forecast tougher economic outlook."

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... in a short period. The board weighed up the value of pausing at the meeting to gather more information on the economic outlook. "Over the coming month, members observed that they would receive another quarterly reading on inflation, additional monthly ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... Fund (IMF) has reported a significant decrease in global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve a soft landing - with inflation ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... Rather, the RBA board held rates steady to better gauge the impact of increased interest rates and to assess the economic outlook. "The board is conscious that monetary policy operates with a lag and that the full effect of the increases to date is yet ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... of high energy costs and high inflation. "With small businesses confronting an increasingly uncertain global economic outlook, this reinforces the need for a sustainable wage increase for the 2.66 million award employees under the Fair Work Commission's ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... Phillip Lowe flagged the release of important data would largely inform the board's policy decision in April. In an economic outlook provided by Aird, he said two out of four domestic data releases have so far been published. "The NAB Business Survey ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... activities. "Whether due to an ongoing reassessment of lifestyles or continuing pent-up demand from the pandemic, the economic outlook appears brighter," Knight Frank said. "While there may be elements of 'hunker down and ride it out' with some ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... economy is on a narrow path to a soft landing, with downside risks. An IMF report said downside risks to the economic outlook dominate, with uncertainty regarding global growth, commodity prices, and domestic developments surrounding wages, house prices ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently revised GDP forecast of 1.5% growth over 2023 remains current. Rynne said the RBA could ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
Australia should be able to evade a recession, despite the high inflationary environment, AMP's Shane Oliver says. Amid dire, bleak, and gloomy economic outlooks, Oliver - AMP's head of investment strategy, economics, and chief economist - said if further ...