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Showing 61 - 70 of 1882 results for "GDP"

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... in total, with Bloxham saying the central bank accepted that it would "tip the economy into a recession". "As it turns out, GDP fell in 2024, the unemployment rate rose by almost 2ppts, and this combination brought inflation back to the RBNZ's 'near ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... Australia, Redican noted the need for significantly higher defence spending. While Australia currently allocates around 2% of GDP - aligned with NATO's target - the US has signalled that Europe needs to spend closer to 4% of GDP in a fairly short period. ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... interest rates with a large fiscal deficit will also come to the fore. "Government debt in the US is forecast to go from 100% of GDP to 140% of GDP under Trump's policies. So, more issuance, higher interest rates," she said. "From an investment perspective ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... themes for the year ahead. Tagg highlighted some of the biggest risks in the current economic climate, including the bleak GDP growth Australia is generating. Although the unemployment rate in Australia has remained relatively low, GDP growth has been ...

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... ($5.3tn) respectively, and the UK with US$3.1 trillion ($5tn). While Switzerland has the highest ratio of pension assets to GDP of 152%, Australia is not far behind with 146%. WTW Investments Australia director Jonathan Grigg said: "While the falling ...

Trump tariffs to hit Australia

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... while Australia exports about $808 million worth of steel and aluminium to the US, it represents just 0.03% of the nation's GDP - "a very small proportion of our economy." Accordingly, Oliver won't be rushing to revise any forecasts but noted the tariffs ...

Trump's tariff implications for Australian investors

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
... Oliver said. Notably, an OECD study found a 10% decline in global trade between major economies could reduce Australia's GDP by 1.2% - but Oliver said this would be an extreme outcome. A more realistic scenario, he said, would see a 0.3% to 0.4% ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... Collective Investment Vehicles." Briggs said the FSC's policy recommendations to foster economic growth could add $19 billion to GDP over the next decade while additionally lifting funds management exports by $2 billion each year, supporting a private ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... economy in 2025. Dimon said in a CBS interview that geopolitical tensions underpin his stance in the face of the US reporting GDP levels that were equivalent to Europe but are now 30% higher. Dimon attributes this to the country's culture of innovation ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Vanguard expects Australia's Gross Domestic Product (GDP) will gradually recover and increase by 2% in 2025 after experiencing its slowest growth rate in 32 years during 2024. Vanguard said this improvement will come despite the overhang of sticky inflation ...