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Showing 661 - 670 of 1882 results for "GDP"

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
... tonne change in the price results in $A1.4 billion increase or decrease in tax receipts, and $A6 billion change in nominal GDP... For 2017/18, the impact will be greater, with every $US10 a tonne change impacting tax receipts by $3.9 billion and nominal ...

Government shows commitment to funds management

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
... Australia could grow overseas-sourced funds under management equal to that of Hong Kong over the next decade, the nation's GDP would grow by more than $4.2 billion, tax revenue would increase by $1.2 billion and nearly 10,000 jobs would be created. Loane ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... low - supported by improving outlook in China. China's latest data dump indicates rising momentum in its economy. China's GDP expanded by 6.9% in the year to the second quarter, the same rate as the March quarter but better than expectations for a slight ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... excess slack in Canadian economy being absorbed. What wasn't communicated was the BOC's hawkish forward guidance. Canada's GDP expanded by 2.3% in the year to the first quarter of 2017, accelerating from 2% in the previous quarter. The BOC now projects ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... International Monetary Fund (IMF) have lifted their China economic growth projections in their June 2017 reports. The OECD raised its GDP growth forecast to 6.6% this year (from 6.4% predicted in November 2016) and 6.4% in 2018 (from 6.1%). The IMF's ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... neutral stance. And for good reasons. It remains optimistic over the domestic growth outlook and still views the March quarter GDP growth slowdown as temporary: "Consumption growth remains subdued, reflecting slow growth in real wages and high levels ...

Expansions maintained despite dashed expectations

BENJAMIN ONG  |  MONDAY, 26 JUN 2017
... earlier-released data indicating slowing US economic momentum. According to Markit, "Historical comparisons of the PMI against GDP indicates that the PMI is running at a level broadly consistent with the economy growing at a 0.4% quarterly rate (1.5% ...

Super funds fight for financial inclusion

EMMA RAPAPORT  |  FRIDAY, 23 JUN 2017
... economist Saul Eslake estimates that in ten years from now, the program can contribute to a $2.9 billion annual uplift in GDP, potential government savings of $583 million and increase household wealth by $11.8 billion per year. As part of its action ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
... speculating that the European Central Bank (ECB) would follow suit...and soon. After all the Eurozone economy's gaining momentum. GDP growth accelerated to 1.9% in the year to the March quarter from 1.8% in the December 2016 quarter. Using the same measure ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... solely by reducing the federal funds rate." Just as well. This is because while the Fed sees the first quarter slowdown - GDP slowed to an annualised 1.2% rate in the March quarter from 2.1% in the December quarter - as "transitory", and one that should ...