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Showing 591 - 600 of 1421 results for "Household"

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
... would certainly improve Australia's terms of trade, the sharply weakening property market, tepid wage growth and household consumption dictates the RBA would need to cut interest rates sometime this year.

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Specialist retirement funding provider Household Capital has partnered with industry super fund-owned ME Bank to establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to continue ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... signals in terms of the outlook for demand and whether stock levels are yet 'normal.'" Higher oil prices reduce household disposable income that, in turn, reduce consumer spending and by extension, economic growth. Higher oil prices increase ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... likely to follow an uptrend, with a virtuous cycle from income to spending being maintained in both the corporate and household sectors..." However, the BOJ downgraded its outlook for exports though, saying that, "exports have shown some weakness recently" ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
It appears nothing is normal with the Fed's march toward normalising monetary policy. Not only has it stopped in its tracks, the White House wants it to go in reverse. Cue US President Trump's latest "advice" to the Fed: "In terms of quantitative ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
When its monetary policy committee met on 21 March and voted unanimously to keep the Bank Rate unchanged at 0.75 and maintain bond purchases at £435 billion, the Bank of England (BOE) declared its future actions would largely depend on Brexit. "The ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... forecasts and, presumably, factor in the fiscal boost announced in this Budget. However, key to this is what happens to household consumption - predicted to grow from 2.25% this fiscal year to 2.75% in 2019/20 and 3.0% in 2020/21. In the previous two ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... million for regional airports. Drought support to the tune of $6.3 billion will be provided by way of an extended Farm Household Allowance, while $3.3 billion will go to those affected by flood through the establishment of the Future Drought Fund. Additional ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... credit may account for just a small portion of the total but it provides a significant signpost for economic direction. Household consumption, after all, accounts for around 60% of Australian GDP. In all of its policy statements since I can remember ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... likely to follow an uptrend, with a virtuous cycle from income to spending being maintained in both the corporate and household sectors..." The BOJ did downgrade its outlook for exports though, saying "exports have shown some weakness recently" and are ...