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Showing 571 - 580 of 1882 results for "GDP"

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... the May 1 meeting. "The recent data on the Australian economy have been consistent with the bank's central forecast for GDP growth to pick up, to average a bit above 3% in 2018 and 2019...One continuing source of uncertainty is the outlook for household ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... scribble, it did nothing but then it's more accurate to say that the BOE reacted to changed developments in the UK economy. UK GDP growth slowed to an annual rate of 1.2% in the March quarter from 1.4% in the year to the December 2017 quarter. This ...

Chief economist update: "Quitaly"

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2018
... Italy's membership in the Eurozone (they were against it). Eurostat stats show that Greece accounts for only 1.2% of total EU GDP (as at 2016). Italy - the fourth biggest economy in Europe - accounts for 11.3% and Spain (the fourth biggest), for ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
... re-election at the June 24 poll. Sure, his low interest rate policy has produced an economy that is growing faster than China - GDP grew at 7.3% in the year to the December quarter - to the point of overheating that it's lifting inflation. Turkey's ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... and the Federal Government could consider setting a combined target for Age Pension and aged care costs as a percentage of GDP. These are two of several policy initiatives Rice has outlined in a paper prepared for the Actuaries Institute and its Financial ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
... It's over! Japan's eight consecutive quarters of expansion is no more. Preliminary estimates show the country's real GDP contracted by 0.2% in the March quarter, more than reversing the 0.1% gain in the previous three-month period. Another ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... trillion in 2016, according to World Bank estimates) - and it's happening in New Zealand - the 53rd in the world with 2016 GDP estimated at US$185 billion - which is roughly 1/100th the size of the US. The Reserve Bank of New Zealand's policy ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... even more surprising given the BOE's rationale for maintaining current policy settings - the sharp slowdown in first quarter GDP growth. UK GDP expanded by 1.2% in the year to the first quarter of 2018 from 1.4% in the previous quarter. This is less ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... Coalition's generosity, the government's fiscal account is projected to be in surplus one year earlier - equivalent to 0.1% of GDP in FY 2019-20 as against the Mid-Year Economic and Fiscal Outlook (MYEFO) of 0.4% of GDP by FY 2020-21 - and from there ...

Infrastructure receives $24.5 billion injection

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... investment averages only $8bn per year in 2017-2018 and 2018-2019, the same as the prior two years and hence gives little boost to GDP," UBS economists led by George Tharneou said in a research note today. The Government also wants to invest more than ...