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| | | Australia's labour market has remained strong in the December 2024 read, according to the Australian Bureau of Statistics (ABS). The seasonally adjusted unemployment rate rose by 0.1 percentage point to 4% in December. "With employment rising by 56,000 ... |
| | | | ... but better growth outcomes outside of the US could result from a pickup in the Eurozone and China. "A broadening out of economic growth across other major advanced economies would help to put downward pressure on the US dollar, which is positive for ... |
| | | | ... policies collectively - an impossible task as it stands," Joiner said. Expected tailwinds, nevertheless, include improving economic conditions, robust government spending and support for infrastructure, decarbonisation efforts, rapidly expanding electricity ... |
| | | | ... Smith said real estate and infrastructure are fundamental to building balanced, resilient portfolios that can weather economic challenges, while delivering long-term income and growth. "Long-term structural investment themes are fuelling demand for real ... |
| | | | Both ANZ and Macquarie have moved their interest rate cut predictions forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from ... |
| | | | ... 2025, as the last mile of the inflation fight will take longer to conquer. "We expect a modest sequential improvement in economic momentum, underpinned by rising real household incomes as inflation levels slowly subside, a rebounding housing market ... |
| | | | ... eyes will be on the sluggish Chinese consumer, he said, and whether eagerly awaited fiscal stimulus follows the sweeping economic measures introduced in September to boost liquidity, stimulate consumer spending, and revitalise the real estate sector. ... |
| | | | The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference ... |
| | | | ... anticipate this should continue in 2025. "Equity valuations are elevated but, for now, they are supported by continued economic resilience and earnings growth." Additionally, Australian Retirement Trust (ART) also leveraged international equities as ... |
| | | | ... relatively elevated, despite recent moderation." Chelser added that consumers had continued to spend, despite the rocky economic conditions. "Australians are also continuing to demonstrate spending power, based on the strong retail sales in November ... |
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