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Showing 31 - 40 of 1782 results for %22UK GDP%22

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... tests. With Australia on course for 25 straight years of deficit, estimated to total about $50 billion a year by 2030 or 2% of GDP, Grattan Institute said the government must cut wasteful spending and raise taxes as soon as possible, adding the problem ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... disease," Naughtin said. "When we look across healthcare expenditure within Australia, we see that a greater share of our GDP is dedicated towards healthcare, relative to what we see across other OECD countries. "Of course, this is still less than what ...

Gender balance is smart economics: CEW

MICHELLE BALTAZAR  |  TUESDAY, 7 MAR 2023
... women from the current 73% to 85% (on par with Sweden, the highest labour force participation rate in the world) could boost GDP by as much as $186 billion per year, based on PwC estimates. "Businesses achieve better results when there is gender balance. ...

Australia leads the way in pension system sustainability: ASFA

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... report said Australia's government pension expenditure is relatively low and expected to decline from 2.6% to 2.1% of GDP by 2060. Oppositely, many OECD retirement income systems have poor system design, population ageing, and elevated inflation ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... indicate the Lucky Country will evade a highly anticipated global recession. High-level economic data shows that Australia's GDP has remained steady and outperformed major economies like the US and EU. Other than the recently released December retail ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... strongly, fueled by the recovery of the tourism and educations sectors, particularly with the resumption of visitors from China. GDP growth is projected to remain steady until mid-2025, before showing a slight pick-up. As economic growth slows, the unemployment ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
... program is $55.3 billion. They also equate to more than the total cost of the NDIS ($35.5bn), with the cost rising to 2% of GDP, up 0.5% since the turn of the century. "Super tax concessions now rank in the top three expenditure programs in Budget 2022-2023 ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... continued: "Now I don't say avoiding recession means growth is okay, it's not. The Fed's own forecast is for 0.5% GDP growth in 2023, and that's not inconsistent with a shallow recession. "We're going to have a slowdown, and I think a ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... 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 be thinking that the probability of a domestic ...

Regional commercial real estate to run hot: REIA

CHLOE WALKER  |  TUESDAY, 6 DEC 2022
... Economic Cooperation and Development (OECD) is forecasting Australia to outperform many other advanced economies, predicting GDP to grow around 2.5%. "On the one hand, you have energy prices which will have a major impact on outgoings; but on the other ...