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Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
With the outlook for oil remaining fluid and uncertain, OPEC has decided production will increase from July.

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
Is Australia back on top? March quarter ABS data suggests so, with annual GDP growth now well above that of the US, UK, Japan and Eurozone.

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
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.

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
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.

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
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.

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
But Australia is now in a better place compared with the lockdowns of days past.

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
If the Reserve Bank of New Zealand's growth and inflation assumptions and forecasts turn out correct, expect the official cash rate to double in the next year or so.

Chief economist update: China and Australia's interdependence

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2021
While China continues to ramp up its attempts to bring Australia to heel through rhetoric, threats and measures limiting/banning imports of Australian products, China remains our top export market.

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
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.

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
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?