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Showing 1 - 10 of 351 results for "International Monetary Fund"

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... in the UK, France, Spain, Italy, and Japan. Australia's national debt sits at 38% of GDP. The International Monetary Fund (IMF) predicts global public debt will surpass US$100 trillion by the end of 2024 and will approach 100% of GDP by 2030. "The ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
The International Monetary Fund (IMF) has revised its inflation predictions for 2025, upping Australia's consumer price index expectations from 2.8% to 3.6%. In its World Economic Outcomes report, the IMF predicted Australia would be one of two advanced ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
... adjunct professor at Adelaide University's School of Economics. Debelle previously held roles at the International Monetary Fund, Bank for International Settlements, Australian Treasury and as a visiting professor in economics at the Massachusetts ...

NZ Super Fund names acting chief investment officer

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... investment strategist at Future Fund from 2009 to 2018. He has also worked at Morgan Stanley and the International Monetary Fund. Guardians chief executive Jo Townsend, who took up her role in April this year, said the process of recruitment for a permanent ...

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... product (GDP) was second among G20 nations last year, improving from 14th in 2021, according to the International Monetary Fund (IMF). Australia's budget balance was -0.9% of GDP in 2023, surpassing advanced economies like Germany, Japan, the United ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... avoid a recession with the RBA holding the cash rate at 4.35% until at least 2025." This comes as the International Monetary Fund (IMF) urged global central banks to "stay vigilant" against the threat of inflation. "A sense of optimism has pervaded financial ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... that income inequality is rampant among 64 out of 106 counties that receive grants or loans from the International Monetary Fund (IMF) and World Bank. Income inequality in Ghana, Honduras, Mozambique, and 39 other countries stood at high levels. The ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... investment strategist at Future Fund from 2009 to 2018. He has also worked at Morgan Stanley and the International Monetary Fund. Gilmore will replace Nicole Musicco who left CalPERS after just 18 months in the role citing family reasons. Prior to Musicco ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... according to the country's Cabinet Office. The economy contracted 2.9% between July and September. The International Monetary Fund predicts that Japan's economy will grow 0.9% in 2024. "For decades, Japan has struggled to boost low inflation and weak ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... economic growth is slowing due to tighter macroeconomic policies and financial conditions, but the International Monetary Fund (IMF) maintains a robust outlook. In an annual review of Australia's economy, the IMF reported a decrease in economic growth ...
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