Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 1382 results for %22GDP growth%22

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... highlighted in Austrade's latest report. The data, sourced by the International Monetary Fund (IMF), also suggests that nominal GDP will be around $2.4 trillion. "Australia is home to just 0.3% of the world's population, but accounts for 1.6% of the ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise will be cut in half, from 44 cents a litre to 22 cents a litre, for six ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... defence spending in the Federal Budget. The increased allocation to defence will bring Australia's defence spending above 2% of GDP for the first time in 20 years. The government will build a new submarine base on the east coast of Australia as part ...

Learn to live with inflation: BlackRock

CHLOE WALKER  |  FRIDAY, 4 MAR 2022
... expectations and prior hiking cycles. The RBA really has little incentive from what we can see to crush the Aussie economy, with GDP, the unemployment rate and inflation, exactly where they want to be."

Big tech, interest rates dominate reporting season

KARREN VERGARA  |  MONDAY, 21 FEB 2022
... from greater institutional and retail attention, reflecting the significant growth of technology spend as a percentage of GDP, however, as inflation rises and fears about valuations climb, investors have responded by savaging technology companies," he ...

Australian market praised in latest pension study

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
... with heightened sensitivity to cost and peers." Australia now sits in second place in terms of ratio of pension assets to GDP, overtaking Canada. The Netherlands has the highest ratio at 213% while Australia's comes in at 172% (local currency). "This ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... the fourth quarter, is expected to reaccelerate in early 2022. The International Monetary Fund forecasts that Australia's GDP will grow 4.1% this year on the back of increased business activity and international borders reopening. However, local outbreaks ...

How to invest in China: Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... The International Monetary Fund and US Federal Reserve expect China's economy to grow at a healthy rate, with a forecast growth rate of 5.6% on the back of global trade activity, renewed government stimulus and recovery in the real estate sector. Capital ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
... much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows that GDP declined by 1.9% in the three months to September 2021. This may be the third biggest quarterly fall on record - next to ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... quarter) and continues to this day. Over the same period (and through the fourth quarter of last year), the annual GDP growth rate in Australia, the US, the Eurozone, Japan and the UK were still preceded by a negative sign. But this success comes at ...