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Economics

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
Indicators show that China is in on the path towards normality, but its central bank says the foundation for the economic recovery is not yet solid.

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
The equity gap between young and old Australians narrowed after a seven-year widening streak but the improved fortunes of the young may be short-lived, says the Actuaries Institute.

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
Fears over inflation eased at the start of last week after the US Bureau of Labor Statistics revealed disappointing labour market figures.

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
The Federal Reserve Bank of St. Louis president believes inflation is going to rise above target for the first time in many years. So what can we expect the Federal Reserve to do about it?

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
All four US benchmark equity indices dropped overnight - the Dow by 1.99%; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. And there's only one reason why.

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
Treasurer Josh Frydenberg is splurging around $74.6 billion to secure Australia's recovery.

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Just about everyone is a winner in this year's federal budget, with treasurer Josh Frydenberg extending tax cuts, significant measures to enhance women's economic security and a $15 billion infrastructure spend.

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The recovery of the Australian economy from COVID-19 has improved the budget position from initial projections, with a significantly lower than expected unemployment rate.

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
The price of iron ore continues to heat up, smashing the all-time high of US$191.70 a tonne recorded more than 10 years ago.

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme.