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Showing 681 - 690 of 6846 results for "Economy"

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
... growth and inflation. "Falling employment and a rising unemployment rate would typically be thought of bad news for the economy. But at the moment policymakers are likely to see it as good news," he said. For the RBA, it provides some confirmation that ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
... extraordinary measures and through the year 2020," he said. "We were discussing what more we could do to support the Australian economy. And as part of those deliberations, we thought we would reinforce the message that the RBA would be there to support ...

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... 14.9x vs long-run avg. 14.5x. "Equities look fully valued in light of an increasingly challenging outlook for the domestic economy, and an earnings cycle that may have already reached its high point," it said. "Reflecting this, our sector preferences ...

Things to watch this reporting season: Morningstar

ANDREW MCKEAN  |  MONDAY, 13 FEB 2023
... Morningstar says. Morningstar warned of the looming impact of the RBA's aggressive interest rate hikes, saying the Australian economy is yet to experience the full impact of these moves. Morningstar equity research director Johannes Faul said interest ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... coming years, the RBA said. Meanwhile, the RBA forecast that economic growth is expected to slow in 2023. The Australian economy is expected to slow down, with recent declines in household real wealth and disposable income expected to weigh on consumption ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... sex-based harassment and discrimination. Minister for women, senator Katy Gallagher said: "The gender pay gap is holding our economy back with $51.8 billion a year lost when it comes to women's pay." "On current projections it will take another 26 ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... said. The RBA is prioritising restoring inflation to its target range of 2-3%, with an eye towards maintaining a stable economy and avoiding negative consequences in the long term. To achieve this, the RBA expects that further interest rate hikes will ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... to help improve competition in the technology and other sectors, which would carry broader benefits for the Australian economy. Australian businesses can take advantage of the technological advancements to improve their operations, create new opportunities ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... colleagues to put it together," he said. Chalmers said providing cost of living relief without adding to inflation, growing the economy in a more inclusive and sustainable way, and repairing the budget are top of the list. "By that, I mean strengthening ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... prices likely have more downside, Oliver believes there is no sign of a property crash dragging down banks and pushing the economy into recession. "The period of underperformance in Australian shares compared to global shares since 2009 is likely to ...