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| | | ... economy faces uncertain times ahead. Chalmers said as the conflict in the Middle East continues, Treasury estimates inflation could peak in the "high fours or even higher" this year. "These effects add a further quarter of a percentage point to headline ... |
| | | | ... Reserve Bank of Australia (RBA) hiked the cash rate by 0.25% to 4.1% at yesterday's meeting, citing a "material risk" that inflation will stay above the central bank's target range of 2-3%. The decision to hike was all but split, with five voting members ... |
| | | | While Treasurer Jim Chalmers did not rule out that inflation could hit as much as 5%, he is confident that Australia will not run out of fuel off the back of the current Middle East crisis. National Australia Bank has predicted that inflation could ... |
| | | | Treasurer Jim Chalmers said the ongoing war in Iran is putting pressure on inflation, with Treasury reportedly predicting it will rise above 4%. "I've made it really clear that we had an inflation challenge in our economy and developments in the Middle ... |
| | | | ... February driven by a fundamental reassessment of the economy, conflict in the Middle East has further threatened the inflation outlook. And at the same time also proposing downside risks to global and Australian growth," Allen said. "What does a central ... |
| | | | ... believes that it was a "deliberate" move for the government to implement more taxes but ultimately failed. "... because inflation erodes the value of savings, it would have meant more and more Australians would be captured in Labor's net. It wasn't ... |
| | | | ... per share. We now view cost control as the main earnings stabiliser," he said. "Shrinking FUM and revenue, along with inflation-like growth in salary and marketing costs, are likely to be partly offset by declining administrative expenses." |
| | | | ... and strike a deal." Bassanese said investors are fearing the situation will put more pressure on already sticky global inflation. "Also of note, bond yields around the world rose rather than fell - with investors fearing the upside inflation risk from ... |
| | | | ... join early next month to lead the firm's macroeconomic research capabilities, including strong focus on interest rates, inflation, currency movements and global market forces. He will also support advisers with insights on portfolio positioning, helping ... |
| | | | ... alarmed that there was no labour productivity growth recorded in the quarter. "Unless this changes, low growth and high inflation could become entrenched as long-term features of the Australian economy," he said. "Combined with elevated inflation, today's ... |
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