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Showing 1 - 10 of 48 results for "David Bassanese"

RBA delivers another hike in split decision

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2026
... August and November, which would bring the cash rate down to 4.35%," she said. However, Betashares chief economist David Bassanese said it is still too soon to be definitive about whether the current cash rate of 4.85% will be enough to temper inflation. ...

Jobs data 'final nail in the coffin' for rate rise

ELIZA BAVIN  |  THURSDAY, 24 SEP 2026
... fell by 0.1 percentage points to 6.2%. Despite the rise in the unemployment number, Betashares chief economist David Bassanese said the overall strength in employment will likely be the final nail in the coffin for a Reserve Bank of Australia (RBA) interest ...

RBA on hold but keeps door open for more hikes

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2026
... Australia, historically weak productivity growth continues to constrain potential growth." Betashares chief economist David Bassanese said the RBA likely feels the domestic capacity pressures on inflation are easing, albeit remain too firm. "Should economic ...

RBA hikes rates, suggests more to come

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2026
... than we have been assuming and that this could force the RBA to have to hike further." Betashares chief economist David Bassanese said the rate hike was expected and suggested another rate hike may do more harm than good. "Although central banks often ...

US, Iran agree to cease fire, outlook remains 'uncertain'

MATTHEW WAI  |  WEDNESDAY, 8 APR 2026
... shouldn't vary too much away from the average stock that is down about 15%. However, Betashares chief economist David Bassanese said, despite Trump's ultimatum on Iran, the market reaction was more "muted" than previously seen, adding the pattern is ...

Inflation remains firm, May rate hike still in play

ELIZA BAVIN  |  THURSDAY, 26 MAR 2026
... now held at 3.3% for the past three months. While that may seem like positive news, Betashares chief economist David Bassanese said the data does not necessarily mean inflation is easing. "As the RBA has long argued, the monthly CPI reports can be volatile ...

Chalmers looks to shore up fuel supply as Iran war continues

ELIZA BAVIN  |  MONDAY, 23 MAR 2026
... those who violate our soil. We firmly confront delirious threats on the battlefield." Betashares chief economist David Bassanese said there is now a very real risk of a major surge in risk-off sentiment, adding that hopes for a Trump TACO moment - meaning ...

Another RBA hike in May 'not a done deal'

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
... under a wide range of possible scenarios could add to global and domestic inflation." Betashares chief economist David Bassanese said the board's differing views "suggests a rate hike at the next policy meeting in May is not a done deal." Bassanese added ...

ASX loses $100bn as Iran war escalates

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
... disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist David Bassanese said with oil unable to flow through the Strait of Hormuz, supplies are becoming more limited. "Unable to ship product and ...

GDP rise is 'good news that's actually bad news'

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... "This should calm the RBA's fear of an inflationary wage-price spiral." Meanwhile, Betashares chief economist David Bassanese said the GDP data would not be enough to justify an immediate rate hike. "Overall, despite the stronger than expected 0.8% gain ...
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