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Economics

Traditional economic indicators have 'tanked': Economist

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
AMP deputy chief economist Diana Mousina has explained to industry professionals why economists have been getting it wrong.

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
Australian gross domestic product rose just 0.2% in the June quarter and 1.5% in the 2023-24 financial year.

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
The Treasurer says measures introduced this month to help ease the cost of living will still fight against inflation.

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The monthly Consumer Price Index indicator showed inflation eased in July, but energy rebates were a major factor in the fall.

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.