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Showing 51 - 60 of 358 results for %22OECD%22

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... returning to pre-pandemic normal. So much so, that in its 'Economic Outlook' March 2020 quarter interim report, the OECD upgraded Australia's 2021 GDP growth forecast by 1.3 percentage points to 4.5%. With the Reserve Bank of Australia (RBA) ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
The iron ore price has fallen by more than 4% over the past two weeks which, according to reports is due to concerns over further reduction cuts in Tangshan - China's top steel-producing city - under its anti-pollution plan. But akin to previous ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
GDP growth of over 6% for 2021. Chinese premier Li Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... economy has contracted less sharply than its peers and has rebounded stronger relative to its peer, later confirmed by the OECD 'Economic Outlook' March 2020 quarter interim report. Sure, US GDP growth received the biggest upgrade from the OECD ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... Global GDP growth is now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD Economic Outlook. World output is expected to reach pre-pandemic levels by mid-2021 but much will depend on the race between ...

More women in workforce with greater paternity leave: ASI

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... of a workplace can also lift per capita incomes and growth by boosting utilisation rates and productivity, she said. The OECD found female labour force participation increased from 47% in 1990 to 52% in 2019. Over the same period, male participation ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... and 4% over 2022," the RBA said. The Australian central bank's optimism was almost immediately backed up by the 'OECD Economic Outlook, December 2020' report released on the same day that upgraded the country's growth forecast to a 3.8% ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... system. (Mercer also attributed the drop in rankings primarily to a reduction in the net replacement rates published by the OECD.) Within the sustainability and integrity sub-indices, Australia ranked third and sixth respectively. Australia could improve ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
China's cruel to be kind policy continues to pay dividends. Criticised and condemned they may be, but the swift and continued improvement in the economy prove that the Politburo's draconian restriction and lockdown measures implemented at the ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... budget will be more fluid than in previous years. "Treasury's task, and the Reserve Bank's task for that matter, the OECD and others, their task is very, very difficult. And so that's what we will know next week," Morrison said. "If circumstances ...