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Economics

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
Would Australia be experiencing a second wave and all that comes with it had we not rushed to reopen and simply followed the initial prescription for a six-month lockdown?

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
Japan's stimulus measures have produced some green shoots.

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
The US has seen a bounce back in economic activity, but it's also presented new challenges.

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
The International Monetary Fund has predicted global public debt will rise to its highest levels in history as a result of the economic fallout from the COVID-19 pandemic.

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
COVID-19 has affected lives, livelihood and financial markets around the world, and commodity markets were no exception.

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
Australian Federal Treasurer Josh Frydenberg estimated that Victoria's lockdown will cost the about $1 billion a week "for the Victorian economy alone" - that is, not counting the multiplier effect on the national economy.

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
The UK chancellor has laid out initiatives to support, create and protect jobs.

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional.

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
The rest of Australia will not be able to elude the economic drag from Victoria's six-week lockdown.