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Showing 1 - 10 of 302 results for "Real GDP"

Kenya to establish sovereign wealth fund

JAMIE WILLIAMSON | TUESDAY, 28 OCT 2025

... deficit narrowed to 3.1% of GDP on the back of a rebound in exports of agricultural products. The World Bank estimates its real GDP will increase from 4.5% this year to 5% in FY27. However, the country still faces structural issues around insufficient ...

Trade war could have positive impact on Aussie GDP: PC

ELIZA BAVIN | TUESDAY, 8 JUL 2025

... 'Liberation Day' tariffs and tariffs on aluminium, steel and automobiles and parts could lead to an increase in Australian real GDP of 0.37%. However, the changes in tariff policy also carry broader risks, which Robson said could cause a threat to the ...

'Turbulent' environment expected in 2025: Robeco

ELIZA BAVIN | FRIDAY, 22 NOV 2024

... tempered by cooling consumption and higher tariffs. Yet, both fiscal as well as monetary policy remains procyclical. Real GDP is projected to grow by 1.7%, reflecting a mild 'stagflationary' trend as inflation remains slightly above consensus. European ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN | THURSDAY, 6 JUN 2024

... the COVID-19 pandemic. Commonwealth Bank (CBA) head of Australian economics Gareth Aird said the quarterly changes in real GDP paints the picture of an economy that "continues to slow significantly", saying economic growth has "ground to a halt". "Indeed ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN | MONDAY, 25 MAR 2024

... and falling company cashflows are the biggest risks to the downside," Birtles said. He also noted that with 1.5% annual real GDP growth in 2023, Australia experienced its third worst annual reading in 30 years, worse than during the GFC, but ahead of ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN | WEDNESDAY, 12 APR 2023

... compelling central banks to reconsider their policy paths." The IMF's latest forecast for Australia showed a decline in real GDP growth from 3.7% in 2022 to 1.6% in 2023, before ticking up to 1.7% in 2024. Meanwhile, inflation is projected to decrease ...

US enters recession - or does it?

ANDREW MCKEAN | FRIDAY, 29 JUL 2022

... a recession. GDP decreased at an annual rate of 0.9% in Q2, this follows the 1.6% retracement in Q1. "The decrease in real GDP reflected decreases in private inventory investment, residential fixed investment, federal government spending, state and local ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN | WEDNESDAY, 27 JUL 2022

... before GDP data is released. The Biden Administration said: "While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON | TUESDAY, 11 MAY 2021

... We are better placed than nearly any other country to meet the economic challenges that lie ahead," Frydenberg said. Real GDP is forecast to grow by 5.25% in 2021 and 2.75% in 2022 while nominal GDP is expected to grow 3.75% in FY2020/21, 3.5% in FY2021/22 ...

Chief economist update: China's vote for US president

BENJAMIN ONG | THURSDAY, 5 NOV 2020

... "Since it began in earnest just over a year ago, the trade war with China has cost an estimated 0.3 percentage point in US real GDP and almost 300,000 jobs." "The hit to the global economy has been even more substantial, particularly to more open economies ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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