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Showing 31 - 40 of 122 results for "Household consumption"

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... income tax payable, which was impacted by the introduction of the low and middle income tax offset" (ABS) - household consumption rose by just 0.1% over the three-month period to its slowest pace since the December quarter of 2008 (GFC days). Where have ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
Australia's economic growth accelerated to 1.7% in the year to the September quarter from 1.6% in the June quarter, justifying Reserve Bank of Australia (RBA) governor Philip Lowe's oft-repeated claim that, "the Australian economy appears to ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... in 2020 and a little higher after that." "The main domestic uncertainty continues to be the outlook for household consumption." Looking back at the first RBA meeting for 2019, Lowe was even more optimistic on growth and inflation at the start of the ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... unemployment are prompting consumers to spend just on the necessities and utilities. The RBA is correct to nominate household consumption as the biggest source of domestic uncertainty. But given the recent weakening trend in household spending (despite ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... year relative to 2018 to a rate a little below its potential." "The underlying pattern of relatively strong household consumption growth but weak business investment has persisted" and "Core CPI inflation was 1.7% in May, and core services CPI inflation ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
Just a weetle more, a weetle more... a little more push higher and sooner than soon, the All Ordinaries index would satisfy the technical definition of a bull market - a 20% rally from its nearest low - and onwards towards topping its record high of ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
"Anything that could go wrong will go wrong." - Murphy's law. It seems like it for us, Australians all. The latest (although dated) GDP growth figures showed that domestic economic growth slowed to its slowest pace in a decade (in the midst of the ...

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
... certainly improve Australia's terms of trade, the sharply weakening property market, tepid wage growth and household consumption dictates the RBA would need to cut interest rates sometime this year.

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... presumably, factor in the fiscal boost announced in this Budget. However, key to this is what happens to household consumption - predicted to grow from 2.25% this fiscal year to 2.75% in 2019/20 and 3.0% in 2020/21. In the previous two Budget Papers ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... account for just a small portion of the total but it provides a significant signpost for economic direction. Household consumption, after all, accounts for around 60% of Australian GDP. In all of its policy statements since I can remember, the RBA had ...

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Global X awards mandate for ETF business

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Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

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Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

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The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

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MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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