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Showing 81 - 90 of 2379 results for %22Economist%22

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence that its peaked. As such, HSBC predicts that ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
Over the last year, Australian shares have outperformed their global counterparts, and AMP Capital chief economist Shane Oliver believes this trend will continue. To get a handle on the future, he said, it's useful to understand the past, saying the ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... however we saw an uptick in inflation for services such as holidays and restaurant meals," Marquardt said. AMP senior economist Diana Mousina said she expects this will be the peak for inflation in Australia for this cycle. "The inflation backdrop looks ...

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... risk of recession is high, its likely to be avoided down under, according to AMP head of investment strategy and chief economist Shane Oliver. According to Oliver, a slump in consumer spending (thanks to rate hikes, cost of living pressures and falling ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... is that by and large FOMC members do not believe there is much more left to do." Meanwhile, Federated Hermes senior economist Silvia Dall'Angelo said CPI figures confirmed a downward trend in inflation, largely endorsing the Fed's baseline monetary policy ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
As forecast, the Reserve Bank of Australia (RBA) has lifted the cash rate by another 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... will deliver another blow which could well be the final nail in the coffin for many Australian households. AMP chief economist Shane Oliver said a rate hike is imminent. "Still high inflation, strong jobs and wages data and the absence of an RBA meeting ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
The increased cost of living has left Australians feeling financially stressed; however, a large cohort believes financial advice could be the solution - if it were affordable. A new survey by the Australian Retirement Trust (ART) reviewed feedback ...

We do get it: Levy

CASSANDRA BALDINI  |  FRIDAY, 18 NOV 2022
Michelle Levy has responded to suggestions there's been minimal financial adviser input to the Quality of Advice Review, saying there's a lot more going on behind the scenes than people realise. Speaking on the Financial Standard podcast, Levy ...