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Showing 581 - 590 of 9298 results for "Economics"

Job market strong despite looming recession: Study

CHLOE WALKER  |  MONDAY, 16 JAN 2023
Three quarters of Australian employers intend to maintain or increase permanent headcount in 2023, and almost two-thirds plan to do the same with contract positions, new research shows. Conducted online in November 2022, the Robert Half study surveyed ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics. Inflation in the US has risen 6.5% over the past year, but the latest data also shows a cooling trend for the sixth consecutive month. US ...

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
The Consumer Price Index (CPI) rose to 7.3% in the year to November, dragging inflation back up to its 32-year high. In October inflation dipped to 6.9%, showing signs of cooling off, however the elevated rise ahead of market expectation (7.2%) paints ...

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
The World Bank's Global Economic Prospects report forecasts declining global growth due to rising inflation, high interest rates and reduced investment. Fragile economic conditions have left the economy vulnerable to any new adverse developments, the ...

Business leaders optimistic in face of inflation

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
While most Australian mid-size businesses are grappling with the challenges driven by inflation, nearly six in 10 feel confident about the global and national economy, according to a recent survey conducted by J.P. Morgan. The second annual Australia ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
As forecast, the Reserve Bank of Australia (RBA) has lifted the cash rate by another 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently ...

Financial advice among most qualified professions: Analysis

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... CPAs, while just 1% of advisers have formal qualifications in Aged Care and one in 10 have specialist qualifications in economics. According to the review, Lifespan Financial Planning has the largest percentage of advisers with a Masters degree at 17%. ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... expect weak growth and a sharp fall in inflation to drive the start of rate cuts," he said. Sydney University school of economics associate professor Mark Melatos said: "Inflation is significantly above the RBA's target band and likely to increase ...

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
Reserve Bank of Australia governor Philip Lowe cited climate change and the transition to renewable energy as two of four longer-term changes to the global economy that are "likely to affect the dynamics of inflation, central bank policy and the way ...

Private market investment impediments not insurmountable: Frontier

ANDREW MCKEAN  |  TUESDAY, 22 NOV 2022
... impact on performance, Frontier said. Further, in some cases, certain private market sub-sectors may simply have poor economics. For example, build-to-rent is a sector that may be a net benefit to the economy, but uncertainty regarding the economics ...