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Economics

Australia home to high proportion of women billionaires

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Australia has ranked third in the world for the highest proportion of female billionaires, according to Forbes' 36th annual billionaire list.

Underemployment continues steep decline

ANDREW MCKEAN  |  MONDAY, 27 JUN 2022
The latest ABS figures show that the total number of underemployed workers has fallen, as has the weekly hours not worked by underemployed people.

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs.

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI 2022 conference, a panel of economic experts shared their views on the current stagflationary environment.

Tomorrow belongs to those who hear it coming: ASI

CHLOE WALKER  |  TUESDAY, 14 JUN 2022
Appearing at the Australian Institute of Superannuation Trustees' ASI Conference, BNP Paribas Global Directions managing director Keith Suter took a dive into the pressures currently facing Australian trustees and investors, saying contingency planning ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
The Organisation for Economic Cooperation and Development (OECD) has slashed global growth expectations because of rising inflation.

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months.

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points.

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates.

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
The investment manager believes the market's current interest rate expectations are too aggressive.