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| | | ... 18% to a reading of 93.8 in September from 79.5 in August and the 29-year low of 75.6 in April. But as Westpac chief economist, Bill Evans, notes: "...the September survey was completed before the announcement by Victorian State Premier Andrews on September ... |
| | | | Don't look now but it appears that it's not just COVID-19 seeing a second wave. Saudi Arabia is also taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab ... |
| | | | Victorian premier Dan Andrews is copping it left, right and centre - citizens, businesses, medical experts, politicians - after dangling and later extending (by another two weeks) the planned September 13 end of lockdown. Already, fresh modelling by ... |
| | | | ... rebuild their retirement savings, keep businesses in business and Australians in jobs." Industry Super Australia chief economist Stephen Anthony said the report highlights the role industry super holds in Australia. "Everyone benefits from a strong industry ... |
| | | | The US labour market continues to get betterer and betterer. The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.37 million in August - in line with market expectations and marked the fourth straight month of increase ... |
| | | | While we, Australians all, continue to shudder at the economy's first recession in 29-years, our nation - to use Old Blue Eyes' song - remains "Top of the list, King of the hill, A number one..." It may not be Einstein's "relativity theory" ... |
| | | | It was good - so good - while it lasted. But as the saying goes, "nothing lasts forever". It had been more than a generation since Australia experienced "the recession we had to have" back in 1990/91. The Australian economy withstood the US savings ... |
| | | | ... has suffered significantly less damage than other nations as a result of the virus. Deloitte Access Economics senior economist Sheraan Underwood noted: "The underlying equation is simple. The greater the success against the virus, the greater the success ... |
| | | | The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ... |
| | | | Former Labor Prime Ministers Kevin Rudd and Paul Keating have slammed the possibility the Liberal party may ditch the planned rise to the super guarantee as economists warn against it going ahead. Speaking at a socially distanced press conference, Rudd ... |
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