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

Economics

Central banks to tighten on all sides: BlackRock

CHLOE WALKER  |  TUESDAY, 1 NOV 2022
All eyes are on the Fed as it's set for another fourth straight 75bp hike, and central banks are taking a "whatever it takes" approach to pushing inflation back down to their targets, according to the BlackRock Investment Institute (BII).

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
After surging 28.6% between the pandemic low in September 2020 to a high in April, national property prices have fallen 6%, said AMP chief economist Shane Oliver.

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
According to UNSW Business School associate professor Konark Saxena, the probability of a US recession is about 75%, possibly impacting several macroeconomic indicators.

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
Reserve Bank of Australia (RBA) commentary sometimes infers that Australia's inflation circumstances are different or less challenging than elsewhere in the developed country complex, but GSFM investment strategist Stephen Miller believes that any "difference" ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
Federal Treasurer Jim Chalmers has promised to improve early education and childcare affordability for more than 1.2 million eligible Australian families.

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next.

Federal Budget is challenging: Economist

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
In an interview with Financial Standard, independent economist Chris Richardson said the Treasurer has two big and difficult problems on his hands, the first being gas prices and the other the National Disability Insurance Scheme.

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
At the Commonwealth Bank Global Markets conference, Reserve Bank of Australia (RBA) assistant governor Christopher Kent said inflation is too high in most economies, reflecting disruptions to supply coupled with strong demand.

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures.

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year.