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Showing 61 - 70 of 9296 results for "Economics"

NSW government to turn deficit into surplus of over $1bn in FY28: TCorp

MATTHEW WAI | WEDNESDAY, 11 FEB 2026

The NSW government's strategy of fiscal repair will see the state's forecast return to surplus in FY28, rising to $1.3 billion, TCorp's half-yearly budget review finds. The updated data revealed that the forecasted deficit for the current financial ...

RBA gives bleak economic outlook

ELIZA BAVIN | TUESDAY, 10 FEB 2026

The Reserve Bank of Australia (RBA) has revised its economic outlook, showing a higher unemployment rate and slowing GDP growth over 2026. In its Statement on Monetary Policy (SoMP), the central bank expects GDP growth to pick up slightly in the near-term ...

RBA overlooked government spending in rate hike: Hearing

KARREN VERGARA | FRIDAY, 6 FEB 2026

... rate target by 25 basis points to 3.85% on Tuesday. At a hearing of the House of Representatives Standing Committee on Economics this morning, Liberal Minister for Cook Simon Kennedy sought to get to the bottom of what exactly is driving excess demand ...

RBA lifts the cash rate for first time since 2023

ELIZA BAVIN | TUESDAY, 3 FEB 2026

... in inflation sweats" when it is growing at 2.3% points to a more fundamental problem in the economy, Deloitte Access Economics partner Stephen Smith said, noting the "poor capacity" to produce goods and services, as well as the low run rate. "That we ...

US economy 'really taking off': UniSuper

ELIZA BAVIN | TUESDAY, 3 FEB 2026

UniSuper head of fixed income David Colosimo said the US economy may be performing better than was expected despite ongoing inflation and geopolitical concerns. "If you look at the market-wide numbers, both Australia and the US were up between 1-2% ...

Trump taps Kevin Warsh as new Fed chair

ELIZA BAVIN | MONDAY, 2 FEB 2026

US President Donald Trump has announced his nomination of Kevin Warsh to serve as the next chair of the US Federal Reserve (Fed), as current chair Jerome Powell's term is set to come to an end in May. The nomination comes at a time of contention between ...

Review launched into thin capitalisation reforms

ELIZA BAVIN | MONDAY, 2 FEB 2026

Treasurer Jim Chalmers, Minister for Financial Services Daniel Mulino and Assistant Minister for Productivity, Competition, Charities and Treasury Andrew Leigh have tasked the Board of Taxation to undertake an independent review of the government's ...

Chalmers to focus on productivity, economic repair in 2026 Budget

ELIZA BAVIN | FRIDAY, 30 JAN 2026

Treasurer Jim Chalmers said "cutting taxes, providing cost-of-living relief and getting the budget in better nick" are his priorities as the government turns its attention to the 2026 Federal Budget. "Our responsible economic management was brought ...

Fed leaves rates on hold as Powell issues message to Trump

ELIZA BAVIN | THURSDAY, 29 JAN 2026

The US Federal Reserve (Fed) left the interest rate on hold at 3.5% - 3.75% overnight, as was widely expected. The rate hold comes in the wake of the US Department of Justice serving the Fed with grand jury subpoenas, threatening a criminal indictment ...

Inflation 'uncomfortably high' as it rises to 3.8%

ELIZA BAVIN | WEDNESDAY, 28 JAN 2026

The Consumer Price Index (CPI) rose 3.8% in the 12 months to December 2025, according to the Australian Bureau of Statistics (ABS). "The 3.8% annual CPI inflation to December was up from 3.4% to November," ABS head of prices statistics Michelle Marquardt ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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