Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 528 results for "Economic outlook"

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... of high energy costs and high inflation. "With small businesses confronting an increasingly uncertain global economic outlook, this reinforces the need for a sustainable wage increase for the 2.66 million award employees under the Fair Work Commission's ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... Phillip Lowe flagged the release of important data would largely inform the board's policy decision in April. In an economic outlook provided by Aird, he said two out of four domestic data releases have so far been published. "The NAB Business Survey ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... activities. "Whether due to an ongoing reassessment of lifestyles or continuing pent-up demand from the pandemic, the economic outlook appears brighter," Knight Frank said. "While there may be elements of 'hunker down and ride it out' with some ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... economy is on a narrow path to a soft landing, with downside risks. An IMF report said downside risks to the economic outlook dominate, with uncertainty regarding global growth, commodity prices, and domestic developments surrounding wages, house prices ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently revised GDP forecast of 1.5% growth over 2023 remains current. Rynne said the RBA could ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
Australia should be able to evade a recession, despite the high inflationary environment, AMP's Shane Oliver says. Amid dire, bleak, and gloomy economic outlooks, Oliver - AMP's head of investment strategy, economics, and chief economist - said if further ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... marked rally in the face of headwinds from inflation and rising interest rates, as well as a deteriorating global economic outlook." Business conditions also remained well above average, with trading conditions, profitability and employment all higher ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would decelerate to around 3% this year and to 2.8% in 2023. The previous economic outlook released last ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... terms of trade are at a record high." However, Lowe held that one source of uncertainty about Australia's economic outlook was how household spending evolved given the increasing pressure on households' budgets from higher inflation and interest ...

US Fed indicates several more half-percentage rate rises

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... be implemented in the coming months. As has been the case in prior meetings participants again agreed that the economic outlook was highly uncertain. Developments associated with Russia's invasion of Ukraine and COVID related lockdowns in China posed ...