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Economics

Chief economist update: Biden cooks Donald's duck

BENJAMIN ONG  |  MONDAY, 9 NOV 2020
President-elect Joe Biden's victory speech offers a reboot for America - a cleansing of the division, misinformation and rogue leadership that has characterised the White House over the past four years.

RBA measures not solely due to COVID: Treasury

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
The unconventional monetary policy measures launched by the Reserve Bank of Australia are not solely a result of the COVID-19 shock, Treasury Secretary Steven Kennedy said.

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
The US presidential election remains undecided, with uncertainty prompting the Federal Reserve to keep the status quo. It's the complete opposite of what's happening on the other side of the Atlantic, where both fiscal and monetary policies have come ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
As the world anxiously awaits the result of the US Presidential election, it is perhaps China that is sweating most on the outcome.

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
Australian equities and bond markets applauded after the Reserve Bank of Australia didn't disappoint expectations, showing how low it can go.

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history.

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
Prior to the horses hitting the track many economists are betting on a rate cut by the Reserve Bank of Australia's board today to a new historical low of 0.10%.

Climate change greater threat than COVID: Report

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
Climate change is set to have a greater impact on the economy than the COVID-19 lockdowns, according to a new report from Deloitte Access Economics.

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
The US has reversed its biggest economic contraction in history with the sharpest recovery on record.

Chief economist update: Europe, we have a problem

BENJAMIN ONG  |  THURSDAY, 29 OCT 2020
Just as we rejoice for the easing of restrictions on home soil, Europe is now facing the tough task of implementing harsher restrictions as COVID-19 infection rates grow.