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Showing 971 - 980 of 2567 results for "Economist"

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... of Australia holds the cash rate at 1.5%, economic conversations are moving from a rise to a cut. AMP Capital chief economist Shane Oliver earlier this month said the RBA could cut to 1% by the end of 2019, with the first rate cut coming earlier than ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
It appeared that not only us, Australians all, were celebrating Australia Day on January 26. Our American brethren were too... but for a different reason. The Dow rose by 0.7% on the day (January 25 in New York); the S&P 500 increased 0.8% and the Nasdaq ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
Pop that cork! Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
Industry Super Australia's chief economist said the RBA's next move on the cash rate could be downwards. ISA chief economist Stephen Anthony said it is likely the Reserve Bank of Australia could shave 25 basis points off the 1.5% cash rate in the fourth ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
"Capital Economics sees the local currency falling to US60c this year and hovering there through 2020; it previously forecast it at US65c for 2019 and US70c for 2020." (Australian Financial Review) That's a whopping 15%-16% drop from A$/US$ exchange ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
Last week, the Australian Financial Review (AFR) published a piece headed: "Capital Economics becomes fourth forecaster to call for RBA rate cut". It talked about the "independent macroeconomic research" company joining AMP Capital and Industry Super ...

Royal Commissions puts pressure on finance sector job market: Sunsuper

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
... financial services, rising by 11.4% in the last 12 months, in spite of contingent demand slipping by 0.3%. Sunsuper chief economist Brian Parker said the result seemed to be linked to the Royal Commission, but noted better days were ahead for the industry ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
What a world of difference a year makes! The International Monetary Fund (IMF) has just released its World Economic Outlook Update, the heading: A Weakening Global Expansion. Says it all, really...and for a synopsis: "The global expansion has weakened. ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... University of Michigan's consumer sentiment index for January. I could paraphrase UM's report, but its chief economist - Richard Curtin - has laid it out clearly and succinctly: "Consumer sentiment declined in early January to its lowest level ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
Be afraid, be very afraid! With headlines like these, not only those who have their fingers in the Australian property pie should be scared, us, Australians all, should be. "Australia's housing price drop expected to be the worst in the world" - ...