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 The AICD’s view is that the ‘lifters and leaners’ has been replaced by ‘politic...

Another month…another big jobs gain

Today the Australian Bureau of Statistics released another jobs report that significantly beat economists’ expectations. Employment rose nearly 35,000 places in net terms last month, more than d...

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.

Retail sales surprise: strongest in five years

Nationwide retail spending unexpectedly bounced in the month of November. Economists had expected soft(ish) growth only 0.4% over the month, following the 0.5% rise in October.

Australia is running out of booms

Every director understands the importance of sound financial management as a cornerstone of good governance. It is the same for government, or at least it should be. After all, the maintenance of our ...

2018 Budget Submission

Every good director understands the importance of sound financial management as a cornerstone principle of good governance. It is the same for government. In fact, for the elected guardians of the n...

Aussie economy sustained momentum in Q3

The Australian Bureau of  Statistics today released the National Accounts, 92 pages of detailed statistics on the performance of Australia’s economy.

Elizabeth Proust talks diversity at the National Press Club

Alongside Jane Halton AO PSM GAICD and Peggy O'Neal FAICD, Elizabeth Proust discussed the opportunities and challenges in levelling the playing field for women in corporate Australia.

“No change” ends a year of RBA inertia

The Reserve Bank of Australia (RBA) board met today for the final time this year. As had been anticipated by all 28 local economists surveyed by Bloomberg, the board left the cash rate steady at the a...

More green shoots on investment outlook

The latest official statistics on private business investment, released today, showed the emergence of more green shoots on the capital expenditure (capex) outlook.

Economist: State of Play

The economic performance of the states and territories is one reason the Reserve Bank is keeping interest rates at record lows.
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