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Economics

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending.

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
A manufacturing renaissance would see the Australian economy become more self-sufficient and more resistant to disruptions in global trade and global supply chains.

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
The price of iron ore keeps going up and up and, as the biggest iron ore consumer in the world, much rests on China's success going forward as it could bring good tidings to all at a time when it's most needed.

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
Despite the recent diplomatic tensions between Beijing and Canberra, the Middle Kingdom's still supporting Australia's economy through trade.

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
It was starting to look like a V-shaped recovery as restrictions were eased over the Eurozone summer, but all that's occurred is a second wave of COVID-19 infections, as it looks set to resemble something closer to a W.

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
The COVID-19 pandemic is an unprecedented shock to the rental housing market, reducing demand for rental properties at the same time as supply has increased, according to the RBA.

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
Federal Treasurer Josh Frydenberg said the medium-term effects of COVID-19 have made it necessary to recalibrate the government's fiscal strategy ahead of the budget release.

Chief economist update: UK's winter of discontent

BENJAMIN ONG  |  FRIDAY, 25 SEP 2020
The gains made in containing coronavirus infections are wasted. Not only that, it's gonna cost more.

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
Will the RBA cut interest rates next week as Westpac chief economist Bill Evans has led financial markets to believe?

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia deputy governor Guy Debelle address at the Australian Industry Group's virtual conference yesterday sparked a second wave - a second wave of negative interest rate speculation, that is.