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Showing 591 - 600 of 3289 results for "Above"

Chief economist update: How do you solve a problem like Australia's housing?

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2021
... in NSW rose to $1.01 million. This was the first time any state or territory had seen the average price of dwellings rise above $1 million."... and as per the ABS: "All capital cities recorded a rise in residential property prices in the March quarter ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... revealed that headline inflation rose by 0.8% over the month of April - the biggest increase since June 2009 and four times above market expectations for a 0.2% gain - taking the annual headline inflation rate to 4.2% (the fastest rate since September ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... likely to rise somewhat further before moderating. In the near term, 12-month measures of PCE inflation are expected to move above 2 percent... we are also likely to see upward pressure on prices from the rebound in spending as the economy continues ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... Global Financial Crisis (GFC)," the report said. "From November 2009 to May 2010, rolling one-year MySuper returns stayed above 10%, going as high as 19.3% in March 2010."

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... Journal put it last month: "Average unemployment recipient receiving federal enhancement (which continues to September) earns above the $15/hr federal minimum wage". It's a no-brainer. Work for US$15/hour - with all the attendant costs of working ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... pandemic-induced recession in the March and June quarters of 2020 - taking the annual growth in GDP up to 1.1% and national output above the level it was before the coronavirus struck. Using the same measure, this beats the US's 0.4% GDP expansion ...

State Super rejigs defensives

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
... portfolios (most comparable to fixed income allocations) has added a new 'income sector' which will target returns of 2% above cash. The 'income sector' allocation comes as State Super moves some cash into Australian investment grade ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... 5% at the end of this year and around 4.5% at the end of 2022". As for inflation, it's expected to rise temporarily "above 3% in the June quarter because of the reversal of some COVID-19-related price reductions" but largely, the RBA expects only ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... country's unemployment rate fell from 5.7% in March to 5.5% in April - just 0.2 percentage points (or 33,000 people) above the start of the pandemic and 2.0 percentage points below the 7.5% high recorded in July 2020 and the sixth straight monthly ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... lifting inflation are assumed to be relatively short-lived" and is therefore, expected to ease below 2% in 2022 before rising "above the 2% midpoint towards the end of the projection". Should the RBNZ's growth and inflation assumptions and forecasts ...