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Showing 1 - 10 of 16 results for "Australian Economics"

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... the cash rate up another 25 basis points to 3.85% but, in a new podcast episode, Commonwealth Bank head of Australian economics Gareth Aird says he wasn't one of them. Aird said CBA was accurate in its prediction that the RBA pause was simply just ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... banking issues offshore given US and European central banks have hiked this week," Commonwealth Bank head of Australian economics and market research Gareth Aird told Financial Standard. "The RBA was willing to pause prior to the banking issues based ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... raised interest rates for the fourth straight month, increasing the cash rate by 0.5% to 1.85%. ANZ head of Australian Economics David Plank commented: "Consumer confidence declined 4.5% last week, to its lowest levels since April 2020, as the RBA increased ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... rates at tomorrow's board meeting could have a huge impact on the final stages of the election campaign. HSBC Australian Economics has stated the case for lifting rates is strong. However, despite the RBA's independence to act as it sees fit, raising ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... buy a major household item' jumped 3.4%, after a sharp 14% decline over the past three weeks. ANZ head of Australian economics David Plank commented: "Inflation expectations (IE) dropped 0.6 points last week to 5.8%, as petrol prices dropped sharply." ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... it has still been much more successful than in most other nations around the world." Gareth Aird, head of Australian economics at Commonwealth Bank, said the contraction was greater than anticipated, but is still not as scary as it seems. "The miss for ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... pressures intensified. Business confidence weakened slightly, but remained positive overall. CBA's head of Australian economics Gareth Aird said: "The decline in business activity over August is hardly surprising given the lockdown measures in Victoria. ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... from 44.1 in April). But all's not lost. Commenting on the Commonwealth Bank Flash PMI data, CBA Head of Australian Economics, Gareth Aird noted that, "May should mark the low point in the PMIs and we would expect activity to lift from here on a ...

UBS chief economist resigns

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
... credited Haslem with making an invaluable contribution to the business, leading a consistently top-rated Australian Economics team. "We would like to thank Scott for his long-term dedication and commitment to UBS, and his direct contribution to our market-leading ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 6 DEC 2016
... last month from 5.2% in October and 3.8% in September. Commenting about the latest report, ANZ's head of Australian economics Felicity Emmett, remarked that "The rise in job ads over the past four months is quite encouraging given the recent softness ...
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