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Showing 51 - 60 of 1882 results for "GDP"

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
... times and 'China' a whopping 867 times, indicating that the impact of US tariffs on Australia may be more indirect. "We expect GDP growth and inflation to average 2.2% and 2.4% respectively this year, which should bring about two more cuts by the RBA." ...

Labor accelerates defence spending

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... investment in the Defence Integrated Investment Program out to 2033-34. This means that defence funding will exceed 2.3% of GDP by the early 2030s. This includes a $50.3 billion investment provided in the 2024-25 Budget. Labor continues to sell AUKUS ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... higher-paying jobs. "The Productivity Commission estimates this reform could lift productivity, reduce inflation and improve GDP by $5 billion. And it could boost wages by up to 4%." On the education front, students will see a 20% cut to all student ...

Chalmers' warning on tariffs and trade wars

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... investment in the Defence Integrated Investment Program out to 2033-34, which will mean that Defence funding will exceed 2.3% of GDP by the early 2030s. This includes a $50.3 billion investment provided in the 2024-25 Budget.

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... workers by up to 4% or $2500 a year, based on median wages. Meantime, the productivity boost could ass %5 billion or 0.2% to the GDP annually. It's expected it will also spur new business entry and increased competition, enabling workers to establish ...

Splintered globalisation a boon for AI, metals, EVs: PGIM

KARREN VERGARA  |  MONDAY, 24 MAR 2025
... growth that will prevail in this new era. Overall, the first track of globalisation "currently represents just 25% of global GDP but captures nearly all the media and political focus." Sectors in this so-called "small yard, high fence" approach include ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... concessions which would save today's budget $10 billion a year and more in future. They currently total $52 billion a year or 2% of GDP, with two-thirds of the benefits flowing to the wealthiest 20% of households. By the mid-2040s, they're expected to ...

Australia can benefit from China's economic growth amid trade war: Experts

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
... already retaliated, imposing higher levies on US exports. Meanwhile, CITIC Securities economist Ximing Wang said the robust GDP growth of China, as well as its already expected deficit can fully offset the impact of the imposed tariffs. "The broad deficit ...

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
Australian gross domestic product (GDP) rose 0.6% in the December quarter 2024 and 1.3% through the year, according to the Australian Bureau of Statistics (ABS). "Modest growth was seen broadly across the economy this quarter. Both public and private ...

NZ Super commits NZ$50m to private equity manager

MATTHEW WAI  |  WEDNESDAY, 5 MAR 2025
... helps those companies to grow and develop, generates good returns for our portfolio, and contributes to New Zealand's GDP," Hart said. As at the end of FY24, the super fund held NZ$8.4 billion ($7.6 billion) in New Zealand assets, some 11% of its ...