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Showing 51 - 60 of 828 results for "Economists"

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
The Consumer Price Index (CPI) dropped faster than economists anticipated, coming in at 4.9% in October, a decline from 5.6% in September. The Australian Bureau of Statistics (ABS) said the decline represents the third consecutive quarter of lower annual ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... activities - are all sharply driving the rising prices for services, Bullock said in a speech at the Australian Business Economists Annual Dinner. "This reflects domestic economic conditions and is an indication that aggregate demand is sufficiently ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... other countries where they don't have a strong cash flow channel. And it works here as well. It works through what economists call "intertemporal substitution"," she said, meaning that as interest rates rise, Australians are incentivised to save ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou and Nic Guesnon, noted while the consumer price index (CPI) is well above the RBA's target, underlying ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... accumulated during the pandemic," Kent said. "This would contribute to slower growth of consumption than otherwise." Economists also identify the asset price channel as a conduit through which current and expected future policy rates impact economic ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... trends in household spending, and the outlook for inflation and the labour market." The decision was no surprise to most economists who predicted the hold following a drop in consumer spending and the ease of inflation. Speaking to Financial Standard ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... Statistics (ABS) reported a 14,600 drop in employment in July, deviating sharply from the anticipated rise of 15,000 by economists. In July, the unemployment rate increased to 3.7%, up from 3.5% the previous month, despite economists' predictions of ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
Thanks to a robust start to the year, economists and investment strategists are feeling more confident that a recession won't take place in the second half, according to a recent survey by Natixis Investment Managers (Natixis IM). The survey, conducted ...

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... the role of senior economic advisor, effective January 2024. Westpac labelled Ellis one of Australia's most respected economists, following six years as the RBA's deputy governor and eight years heading up its financial stability department. Previously ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... than it was previously when inflation hit 7% and 8% is somehow going to cripple the economy? "This is where market economists just don't live in the real world." Conroy remarked that Australians have taken a huge pay cut. "When wages go here and ...