economic outlook

The powerful people who control the purse strings of Australia’s biggest companies are worried about what lies ahead next year, coinciding with a warning the economy has “hit a wall”.Consulting firm Deloitte released its biannual CFO…

Japanese stocks advanced for a second day, pushing the Topix closer to reaching its highest level since August 1990, with strategists at Goldman Sachs Group Inc. saying solid fundamentals and expectations for structural changes “justify a…

A hidden detail in the federal budget will bring a sigh of relief to millions of homeowners.Aussie families have been hit hard by relentless interest rate hikes and the surging cost of living. However the budget outlook predicts rates will…

A Federal Reserve report warned that banks’ concerns about slower growth could lead them to make fewer loans, accelerating an economic downturn, and highlighted commercial real estate as an area of heightened risk that will draw more…

The outlook for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks. That’s the view of the International…

Reserve Bank Governor Philip Lowe has warned interest rate rises are “not over” if inflation remains stubbornly high.In a speech to the National Press Club in Sydney he warned the decision to hold rates steady at 3.6 per cent after 10…

The Reserve Bank says inflation is likely to remain well above target for at least two years and has warned they will do “whatever is necessary” to bring it back in line.Minutes from the central bank’s March meeting, where the board agreed…

Treasurer Jim Chalmers says Australia will be watching China’s response to its latest Covid outbreak closely, as he warned the nation is “not immune” to an impending global downturn. Speaking in Queensland on Monday, Dr Chalmers said while…

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