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Showing 631 - 640 of 9313 results for "economics"

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ...

Consumer confidence jitters abate

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
Consumer confidence has increased to its highest level in nearly four months, according to Roy Morgan. While still significantly down from the same week a year ago, the ANZ Roy Morgan Index shows consumer confidence rose by 1.8 points to 87.8 this week. ...

Link acquisition deal terminated

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... pipeline of M&A opportunities before us." "We plan to continue to focus on deploying capital on deals with attractive economics, steady cash flow and significant growth potential and optimizing them to drive additional shareholder value." Today, at the ...

No escaping volatility: AMP

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
At least for the next few months while central banks are raising rates, expect the volatility we've seen in share markets, currencies and fixed income to remain in play, warned AMP senior economist Diana Mousina at the Association of Financial Advisers' ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
The Federal Reserve has raised benchmark interest rates by another 0.75% and warned of further significant hikes to come. The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Reserve Bank of Australia (RBA) governor Phillip Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Australian workers' financial stress has risen sharply, costing the economy $67 billion in lost productivity annually. According to AMP's 2022 Financial Wellness report, stress is higher than ever, almost doubling over the past two years. "The ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... 2.35%. Though, 69% of those surveyed expect the RBA to hold the cash rate in October. Macquarie University professor of economics Jeffrey Sheen said: "There are signs that supply constraints are easing and that inflation will soon begin to moderate. ...

Women have suffered greater financial loss post-pandemic: Research

CHLOE WALKER  |  THURSDAY, 1 SEP 2022
While a third of men in Australia experienced a boost in their annual income during COVID, just one in four women saw an increase, according to new research from Equipsuper. The results of Equip's survey also reveal that a larger proportion of men ...