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Showing 861 - 870 of 6847 results for "Economy"

Commonwealth Bank appoints new chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
... a leading part in supporting Australia's economic growth agenda and its transition to both a sustainable and a digital economy. Above all, I am a firm believer in the meaningful and crucial role that CBA plays in the lives of its customers and in Australia's ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... should take every opportunity to increase economic growth at home and avoid actions that will bring harm to the global economy," he said. Any progress made to reduce poverty will likely stall this year too, the World Bank said, as wheat prices increase ...

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
Australia is set to become the world's 12 th largest economy in 2023, according to data highlighted in Austrade's latest report. The data, sourced by the International Monetary Fund (IMF), also suggests that nominal GDP will be around $2.4 trillion. ...

'We're living in the world China is making': Conference

ANDREW MCKEAN  |  WEDNESDAY, 27 APR 2022
... world, have and continue to be in a constant state of flux. As China continues its ascent toward becoming the biggest economy in the world, will the ambitions of this autocratic nation cause the next global flashpoint to be closer to home? China has ...

Wayne Swan joins AIST board

CHLOE WALKER  |  FRIDAY, 22 APR 2022
... policy and economic expertise developed over 25 years in Parliament, including the lessons of helping manage the Australian economy during the global financial crisis as treasurer," Scheerlinck said. "As chair of the Caucus Economics Committee in 1993 ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... likely timing of Australia's first interest rate increase. Nevertheless, Powell went on to explain that he believed the US economy was still very strong and performing very well. Powell also claimed that the goal of the federal reserve at this time was ...

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
... billion industry fund's strong focus on investing in healthcare, one of the fastest-growing sectors of the Australian economy. As almost a third of the fund's more than 900,000 members work directly in healthcare and the acquisition would greatly compliment ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... December 2022. We could see official rates by the year's end reach 2%." Such a move could have a sobering impact on the economy and homebuyers. On the looming hikes, Rate City research director Sally Tindal said: "These hikes are not minor tweaks by ...

J.P. Morgan's net income falls 42%

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... Dimon was pleased with a "healthy" $30 billion of revenue which came in above forecasts and remained optimistic on the economy, at least for the short term. Dimon said: "Consumer and business balance sheets as well as consumer spending remain at healthy ...

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... at Calastone Teresa Walker said: "Risk appetite globally has fallen during the first quarter as worries for the world economy and inflation have been compounded by the chilling economic effects of Russia's attack on Ukraine. This explains why inflows ...