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Showing 521 - 530 of 1401 results for "Household"

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... to borrow and spend - interest rates are at record lows after all - to boost economic activity and growth. But with household debt running at 191.1% of disposable income (June quarter 2019), further interest rate reductions would almost surely be used ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... consumers of their personal financial situation, with gains expected across the entire income distribution, net increases in household wealth, the renewed appeal of price discounting, and reduced mortgage rates." While the annual growth in US personal ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... housing market can have more pervasive effects than we had expected. The decline in housing prices and turnover weighed on household spending decisions and housing related inflation in the prices of new homes," it reads. "It has also reduced unincorporated ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
It won't be over till it's over. Yes Virginia, the uncertainty that is Brexit festers on, pushed further until Britons have cast their vote at (yet another) general election to be held on 12 December (December 13 in Australia) and from there ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... domestic uncertainty continues to be the outlook for consumption, with the sustained period of only modest increases in household disposable income continuing to weigh on consumer spending." These were Reserve Bank of Australia (RBA) governor Philip ...

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: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... But this isn't all negative as lower oil prices would provide a tailwind to economic growth in terms of increased household disposable income and consumer spending, and lower business input costs, increasing margins and profits that ultimately spur ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
... he said. "The evidence suggests on a global basis, for every extra dollar a person has in pension assets, their net household debt rises by just under 50 cents."

RBA blames lack of demand in property downturn

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
Reserve Bank deputy governor Guy Debelle said despite historically low interest rates and a rise in loan approvals, turnover in the housing market remains low. Speaking at the CFA Societies Australia Investment Conference event in Sydney the deputy ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... little if any effect on longer-term interest rates and other asset prices and thus should have little if any effect on household and business spending decisions and the overall level of economic activity. These purchases are purely technical operations ...