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Showing 791 - 800 of 6848 results for "Economy"

Holon, Gemini launch retail crypto funds

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... huge believers in the potential for blockchain and cryptocurrency to revolutionise key areas of the global and Australian economy, including finance and data storage. But Australian investors, financial investors, and financial advisers have struggled ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... offer any explicit guidance on the size of the next rate move," Miller said. "Powell said that he did not believe the economy was in recession, citing a 'very strong labour market' as evidence. "The accompanying Statement from the FOMC also implied that ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... expect inflation to peak towards the end of the year, before moderating next year. While attributing the inflation in the economy to primarily global factors, he announced the government is very focused on domestic factors as well. Chalmers said the ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... dislocation down the track. It's not an easy task, charting a course between vanquishing inflation without tipping the economy into recession, he said. During a tightening cycle when the world is confronting inflation -which is at its highest level in ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... stalling, with important consequences for the global outlook. Inflation is a major concern," the IMF said. "The global economy, still reeling from the pandemic and Russia's invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook." ...

Victoria has the best economy - but not by much

CHLOE WALKER  |  MONDAY, 25 JUL 2022
CommSec's latest quarterly data shows Victoria is the best performing economy in Australia, ending Tasmania's long run at the top for the past nine quarters. In fact, Tasmania has slipped to third position in the rankings of the best performing economies ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... need to chart a credible path back to 2-3%." Lowe said the RBA is seeking ways to return to the target range whereby the economy continues to grow, and unemployment stays low. However, he conceded that the path ahead is narrow and clouded with uncertainties. ...

Josh Frydenberg joins Goldman Sachs

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
... Frydenberg enjoyed a distinguished political career and that he is widely recognised for his effective management of the economy during the pandemic. Commenting on his new role, Frydenberg said: "I am pleased to join Goldman Sachs which is the pre-eminent ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... to ensure the right decisions, sometimes difficult decisions, are taken in the future interest of Australians and their economy'," Chalmers said. But he made clear the review isn't about revolutionising monetary policy. The RBA review also isn't going ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... to cover an increase in their production costs then profits will rise." Under these assumptions, macroeconomic data on economy-wide changes in prices, the share of GDP flowing to workers and company profits can shed light on inflation's underlying causes. ...