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Showing 71 - 80 of 3376 results for "Domestic"

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... assessment of risks. In doing so, it will continue to pay close attention to developments in the global economy, trends in domestic demand, and the outlook for inflation and the labour market. "The board remains resolute in its determination to return ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... households and businesses alike, this result shows Australia's economy has been comparatively resilient despite global and domestic pressures," CEDA senior economist Melissa Wilson said. In addition, Australia's overall economic performance was ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... has made a major contribution to bringing inflation back down," the Governing Council said. The ECB warned, however, domestic price pressures remain stubborn. Wage growth also remains elevated. The bank predicts inflation will likely stay above target ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... inflation expectations and a self-defeating wage-price spiral," Bassanese said. "Indeed, although consumer spending by domestic residents is weak, the RBA has noted the overall economy is still operating at a high level of capacity - due to the surge ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... some exercise and leisure activities, and the occasional restaurant meal. It would also allow retirees to take an annual domestic trip and an international holiday once every seven years. For a "modest lifestyle" in retirement, which allows for basic ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... power, Australia should follow the example of major economies that use or are considering nuclear power and increase domestic gas production in the short term. To support this, he proposed unlocking gas reserves in key areas like the Beetaloo Basin ...

GPT appoints new chief investment officer

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... GPT's chief investment officer," GPT's chief executive Russell Proutt said. "Mark's extensive multi-sector domestic and global experience will be valuable in the development and execution of GPTs growth strategy." Harrison will commence in ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... investment. "We will create a front door for investors to accelerate and coordinate transformational projects, establish a domestic National Interest Account that adds discipline to investments in the national interest, and strengthen and streamline ...

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... investments include $1 billion directed towards crisis and transitional accommodation for women and children fleeing domestic violence, and youth under the National Housing Infrastructure Facility. The Budget increased the proportion of grants for the ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... technology and growth orientation, particularly those focusing on US markets, generally outperformed investors focused on domestic and traditional industries," Mercer said. Conversely, Australian direct property declined 7.2% in 2023 because of valuation ...