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Showing 31 - 40 of 695 results for "GDP growth"

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
New Zealand reported 0.2% GDP growth in the March quarter following two consecutive quarters of decline, putting to bed its technical recession for the meantime. The economy was buoyed by electricity, gas, water, and waste services; rental, hiring ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... was in line with experts' expectations, it still paints a dire picture for Australia's economic path. Annual GDP growth has fallen to just 1.1%, the slowest rate of annual growth in GDP in more than three decades outside of the COVID-19 pandemic. ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... Australia's (RBA) rate hikes last year, with a backdrop of a continuing population boom, UBS has slightly increased its GDP growth forecast. UBS projects a year-over-year GDP growth of 1.6% for 2024, up from the initial 1.5%, and an increase to 2.2% ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... falling company cashflows are the biggest risks to the downside," Birtles said. He also noted that with 1.5% annual real GDP growth in 2023, Australia experienced its third worst annual reading in 30 years, worse than during the GFC, but ahead of the ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... with more to come in 2025. "That is despite recent upside inflation surprises as well as upward revisions to both its GDP growth and inflation forecasts. This is a Fed that wants to reduce interest rates," Principal Asset Management chief global strategist ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... employment growth rate also decreased to 2.8% from over 3% at the beginning of 2023, reflecting the broader slowdown in GDP growth. Reaching a low of 3.4% in October 2022, the current unemployment rate of 3.7% is around the lowest levels since 1974. ...

Epsilon launches second Australian fund

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... property-related financing." Epsilon co-founding partner Mick Wright-Smith added inflation, high-interest rates and low GDP growth has impacted corporate cashflows. "But the middle market remains resilient due to its more conservative borrowing levels ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... interest rate hikes have triggered cost-of-living pressures, though inflation is expected to subside through 2023. GDP growth is expected to stay low but positive, and unemployment rates are forecast to increase but remain low. "The economic misery index ...

Don't discount Vietnam: Dragon Capital

CHLOE WALKER  |  MONDAY, 22 MAY 2023
... day. According to VEIL fund manager Thao Ngo Thanh, Vietnam's government shows strong determination to achieve its GDP growth target of 6.5% for 2023 and control inflation within a range of 4.5%-5.0% while foreign direct investment remains resilient ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... compelling central banks to reconsider their policy paths." The IMF's latest forecast for Australia showed a decline in real GDP growth from 3.7% in 2022 to 1.6% in 2023, before ticking up to 1.7% in 2024. Meanwhile, inflation is projected to decrease ...