The latest issue of Financial Standard now available as an e-newspaper
|Just as expected, the Reserve Bank of Australia kept rates unchanged at its meeting yesterday. But next month is shaping up to be a whole different affair.|
|The OECD predicts global GDP to grow by 5.8% this year and by 4.4% in 2022, but there are a lot of frictions to be navigated, it warns.|
|The country hasn't fully opened yet but easing restrictions, an increased rate of vaccinations and stronger consumer and business spending have combined to speed up the UK's recovery.|
|But Australia is now in a better place compared with the lockdowns of days past.|
|No ifs, ands or buts about it - Australia's economic revival has come and will be strengthened by additional spending and continued monetary policy accommodation by the Reserve Bank of Australia.|
|Latest statistics from Markit Economics shows the global recovery is heating up. However, so is inflation. But are these merely transient pressures, or a sign of things to come?|
|The acceleration in inflation provides a good omen for wages growth, particularly for those whose pay increases are tied to CPI. Then again, rising consumer prices relative to wages growth could spell trouble.|
|Is Australia getting so much of a good thing in the way of consumer confidence that a bad thing like rising inflation could be on the way?|
|Fears over inflation eased at the start of last week after the US Bureau of Labor Statistics revealed disappointing labour market figures.|
|The Federal Reserve Bank of St. Louis president believes inflation is going to rise above target for the first time in many years. So what can we expect the Federal Reserve to do about it?|
The chief commercial officer and head of communications and marketing officer at Iress have announced their resignations.
Commonwealth Bank has ditched its 90-year-old Dollarmites program after the state governments' banning of school banking schemes.
BT has identified the cause of its $147 billion platform being down for a week, with new chief executive Matt Rady making assurances for the future.
The life insurer appointed a general manager, product and proposition, hiring from MetLife.
|Brought to you by|