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Showing 621 - 630 of 1421 results for "Household"

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... domestic economy. As the RBA has pointed over the past few months, "One continuing source of uncertainty is the outlook for household consumption. Growth in household income remains low, debt levels are high and some asset prices have declined." "Growth ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... accumulating further". "Australia's housing market is a source of vulnerabilities due to elevated prices and related household debt. A direct hit to the financial sector from a wave of mortgage defaults is unlikely. "However, if house prices collapse ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... and forcing Fed to raise rates faster than planned. It also pointed out that while wage growth remains disappointing, household income has shown strong gains, particularly for poorer households. In addition, wages rising faster in regions where unemployment ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... quarterly decline in imports - itself, a negative because it underscores the weakness in the country's domestic demand. Household consumption's contribution to GDP growth declined to just 0.2% in the September quarter from 0.5% in the June quarter ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... 2018-19." Still, the RBA's also correct in printing that: "One continuing source of uncertainty is the outlook for household consumption. Growth in household income remains low, debt levels are high and some asset prices have declined." "Growth in ...

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
... slowdown led by China and melting emerging markets, Brexit, wobbly share markets and on the domestic front, record high household debt levels, stagnant wages growth, declining property prices and weak consumer spending. The rise in capex expectations ...

Chief economist update: Predictions allude to frozen RBA

BENJAMIN ONG  |  THURSDAY, 22 NOV 2018
... of the RBA's 2%-3% target band. And then, there's the risk of falling property prices which, along with high household debt levels, both institutions consider a macroeconomic risk. Given current forecasts, it'll be a brave RBA that'll ...

Swiss manager invests in Queensland solar

KANIKA SOOD  |  THURSDAY, 15 NOV 2018
A Swiss asset manager has invested $50 million in a Queensland-based solar energy plant, as it makes it first foray into Australian renewable assets. SUSI Partners is an asset manager based in Zurich that invests exclusively in renewable energy infrastructure ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... rate calls for renewed slowing in wages growth over the next two quarters. There's also the record high level of household debt. Latest available ABS data show that household debt to disposable income rose to 190.5% in the June quarter from 189.6% ...

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
... they're a blessing for others. The reason being that lower oil prices are, net-net, positive for growth. They increase household disposable income, lifting consumption and by extension, economic growth. They reduce business input costs, increasing ...