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Showing 1 - 10 of 211 results for "Economic Development"

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... why prices and rents continue to rise despite affordability constraints," the economists said. In a related economic development, despite the Reserve Bank of Australia's (RBA) rate hikes last year, with a backdrop of a continuing population boom, UBS ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of Australia, Chalmers said many of the big Budget announcements have already been made, including the stage three tax cuts ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
Reserve Bank of Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary ...

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... said the appointment of Saulo, who has over 18 years of experience in finance, international engagement, economic development, and social impact, completes its new leadership team. Prior to FAC, he was the first Indigenous person to be appointed an Australian ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... work across all levels of government and with workers, companies, investors, and communities to facilitate economic development and diversification and help smooth the changes as Australia moves to a clean energy economy, he said. "The Authority will ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
AMP has announced the elevation of Diana Mousina to deputy chief economist. Working closely alongside AMP's chief economist Shane Oliver, Mousina is a key member of the AMP Investments team which oversees the management of funds for AMP's superannuation ...

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 ...

IFM Investors adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... terms of other directorships, Long sits on the boards of the Climate Governance Initiative, the Committee for Economic Development of Australia, and QBE Insurance. She is also a member of ASIC's corporate governance consultative committee. During her ...

Australia ranks 40th for crypto spend

CASSANDRA BALDINI  |  THURSDAY, 15 SEP 2022
... index. "The World Bank categorises countries into one of four categories based on income levels and overall economic development: high income, upper middle income, lower middle income, and low income," it said. Using that framework, it found the middle ...

Singapore to be millionaire capital by 2030: Report

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... following the GFC. It added that the size of the population, in addition to wealth distribution and the level of economic development, explains the large number of millionaires in some of these economies. "In Singapore, Australia, Hong Kong, and Taiwan ...
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