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25 January 2023 • By Jon Bragg • 1 min read

February rate hike ‘cemented’ following ‘red hot’ inflation data

Most economists believe that a rate hike next month is almost certain after the latest CPI showed that annual inflation has now climbed to its highest ...

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Annual inflation lifts to highest level since 1990

The Australian Bureau of Statistics has released the December quarter’s CPI figures. The consumer price index (CPI) rose by 7.8 per cent in the ...

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China’s economic performance to have ‘big consequences’ for Australia: Treasurer

Treasurer Jim Chalmers has highlighted the importance of China’s economy locally and globally. As clouds continue to hang over the global economy, ...

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Westpac sees RBA’s tightening cycle peaking after the Fed’s

Both central banks are forecast to continue tightening in the early months of 2023. Westpac has predicted that the US Federal Reserve’s monetary ...

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Can the RBA engineer a soft landing for the Australian economy?

The Commonwealth Bank believes Australia will avoid a recession this year so long as the Reserve Bank ends its aggressive monetary tightening cycle

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Perpetual reports higher AUM ahead of ‘new chapter’

The acquisition of Pendal by Perpetual is on track for completion on Monday. Perpetual has reported $93.7 billion in total assets under management ...

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Praemium sees 53% decline in net inflows

The firm has reported its funds and flows for the first half of the financial year. Praemium has reported $1.02 billion of net inflows for the ...

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How will the RBA react to the latest labour force data?

Reactions to how the latest labour force data could impact the RBA’s February decision are mixed. Australia’s unemployment rate held at 3.5 per ...

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Inflation likely peaked in Q4 2022, says NAB

The big four bank has released a preview of next week’s inflation data. The consumer price index (CPI) is expected to have peaked in the fourth ...

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CEOs highly pessimistic about global economic outlook

Inflation, macroeconomic volatility and geopolitical conflict are weighing on the outlook of chief executives globally. A new survey by PwC has ...

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