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Economics

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
The official Consumer Price Index jumped 1.9% in the December 2022 quarter, rising to the highest annual rate of inflation in over 30 years.

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
While last year was a "shocker" for both bonds and equities alike, allocating to fixed income securities in 2023 offers an attractive yield for investors, according to GSFM investment strategist Stephen Miller.

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
With wage inflation expected to persist into 2023, managing wage increases, employee satisfaction and other measures to attract and retain talent are issues on the agenda for ESG engagement this year.

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
Netwealth's funds under administration (FUA) increased by $4.3 billion in the December quarter, bringing the total to $62.4 billion.

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
While the risk of recession is high, its likely to be avoided down under, according to AMP head of investment strategy and chief economist Shane Oliver.

73% of chief executives predict global economic decline: PwC

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
A PwC survey shows that 73% of chief executives predict global economic decline in 2023, the most pessimistic outlook in over a decade.

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade.

Global equities to grow in 2023: Plato

CHLOE WALKER  |  MONDAY, 16 JAN 2023
Dividends from global equities are projected to increase this year, however, investors should be wary of macro risks, according to Plato Investment Management.

Job market strong despite looming recession: Study

CHLOE WALKER  |  MONDAY, 16 JAN 2023
Three quarters of Australian employers intend to maintain or increase permanent headcount in 2023, and almost two-thirds plan to do the same with contract positions, new research shows.

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics.