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Showing 631 - 640 of 6846 results for "Economy"

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... rising interest rates, and tightening financial conditions associated with recent banking sector strains. "The Australian economy is not immune from these global economic challenges, but it is well placed to navigate them," budget documents said. "The ...

Rest to sell Endeavour stake

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... funds into new private market opportunities, particularly those that also support the energy transition for the Australian economy. Already, the super fund has stated it has a long-term objective to achieve a net carbon zero footprint for the fund by ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... Reserve Bank of Australia (RBA) is focused on cooling inflation, it's unlikely the May budget will look to boost the economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent the cash rate ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... our 2% goal," Powell said. "Price stability is the responsibility of the Federal Reserve, without price stability the economy doesn't work for anyone. Without price stability we will not achieve a sustained period of strong labor market conditions ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... recent CPI print signalled progress is being made on the inflation front and we suspect the RBA would like to see how the economy evolves during this period of heightened mortgage resets. They will likely attempt a hawkish tone by dangling the possibility ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... Hugh Miller said that the big disconnect between robust economic growth and tepid wages growth in Australia's two-speed economy is what has exacerbated the inequality gap. "This gap has a variety of impacts on everything from poverty levels to housing ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... discussed the uncertainties surrounding the impact that historically rapid increase in interest rates would have on the economy. "Members first discussed the case for a further 25 basis point increase in the cash rate target at this meeting. This case ...

Rest signs mandate with Palisade Impact Fund

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... digital connectivity and equity. "Palisade Impact's investments are likely to play an important role in Australia's economy in the future," said Esposito. Esposito explained the nature and opportunity set of infrastructure assets is changing rapidly ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... nation building, he doesn't just misunderstand that it's not his money, he fundamentally misunderstands how the economy works," Taylor said. "Arguments that super is not doing enough, by delivering returns to your members, are Trojan horses for ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... around the kitchen tables of Australia," he commented. "It couldn't be a better time to take the temperature of the global economy." Earlier in the week, IMF deputy director Asia Pacific Anne-Marie Gulde-Wolf said Australia should look to grow its consumption ...