Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
The Reserve Bank has indicated there won't be any interest rate cuts in the short-term, but the market disagrees.

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
The Committee for Economic Development of Australia issued a warning that Australia must lift its policy ambitions to reach its economic potential.

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
US Federal Reserve chair Jerome Powell says inflation is on track to come back into target and the central bank has ample room to start cutting interest rates.

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
Zenith said it has been steadily increasing its exposure to high-quality government bonds as the risk of a recession rises.

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
The Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023.

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter.

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
Australians amassed around $300 billion in savings during the pandemic, but Commonwealth Bank predicts that money will dry up by the end of the year.

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
The potential re-election of Donald Trump will likely jostle inflation and interest rates, and stoke further trade wars with China, according to Morningstar.

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
A new report has revealed an uptick in the number of zombie companies in Australia as the corporate regulator says liquidators have been slow to take on simplified processes.

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The data from the Australian Bureau of Statistics reveals that all households are being hit by Australia's sticky inflation problem.