Topic: Economics

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Budget reactions the good and the bad

The reaction to Scott Morrison’s second budget is that it is politically smart, despite it failing to rein in spending. The AICD’s view is that the ‘lifters and leaners’ has been replaced by ‘politics...

Q1 Economic Update: Better than expected but still sluggish growth

Australian economic growth for the first quarter was better than most economists expected but still remained sluggish, says AICD Chief Economist Stephen Walters MAICD in the latest quarterly economic ...

Weekly Updates

Each Monday, Stephen Walters provides an update on the economic week that was, and the week that will be. You can follow Stephen’s updates here.

Blueprint for Growth: government progress and missed opportunities

The 2017 Blueprint for Growth called for urgent action on a number of national reforms. The AICD’s Elizabeth Proust AO FAICD and Stephen Walters MAICD discuss recent government progress on these areas...

Subpar, but Australia’s economy still growing

GDP growth slips to lowest since immediately after the global financial crisis, but it’s not all bad news, writes Chief Economist Stephen Walters.

No change from RBA before weak GDP data

Today’s announcement to keep the cash rate at an all-time low comes as no surprise despite sluggish Q1 GDP growth forecast for tomorrow’s National Accounts release, writes Stephen Walters.

The Dismal Science: The AICD’s economics podcast

In our new weekly podcast, AICD Chief Economist Stephen Walters discusses the economic news and issues that are affecting Australian boards.

What keeps directors awake at night: insights from the Director Sentiment Index

Every six months, as part of the Director Sentiment Index, the AICD asks members what issues are ‘keeping them awake at night’. Carissa Simons, the AICD’s Media Manager, runs through the current chall...

Federal Budget 2017: Summary for directors

Treasurer Scott Morrison’s second Budget projects a 10th straight year of deficit, with two more shortfalls to follow before the projected move back into the black.

Federal Budget 2017: Stephen Walters' analysis

Treasurer Scott Morrison said this morning that Budgets are about choices, and he has chosen to jettison the austerity of previous Budgets in favour of what he calls “fairness, security and oppo...

Economic update: RBA leaves rates unchanged

The Reserve Bank Board today announced a steady cash rate, as all surveyed economists had expected. Only two weeks ago, the Bank made clear in its latest minutes that officials are monitoring developm...
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