Poorer Times Loom Without Reform: RBA
A further slowdown in global trade, the cost of the transition to net zero emissions and waning business dynamism could drive down productivity growth and make Australians poorer, the Reserve Bank has warned.
A further slowdown in global trade, the cost of the transition to net zero emissions and waning business dynamism could drive down productivity growth and make Australians poorer, the Reserve Bank has warned.
While artificial intelligence (AI) is a constantly evolving technology, it is not new. It has been a focus at Amazon for over 25 years. We are helping democratise the technology.
More people, more input, more cooks in the kitchen. That’s ultimately the price the Reserve Bank of Australia will pay for a couple of years of bad or miscalculated calls, made in response to the pandemic.
Income and assets Who counts as rich? ABS data holds the answer.
At what point does someone earn so much money, they can be described as rich? It’s one of the perennial debates in Australian politics
Income and assets Who counts as rich? ABS data holds the answer.
At what point does someone earn so much money, they can be described as rich? It’s one of the perennial debates in Australian politics
As 2022 draws to a close we are reminded of the recent period of intense volatility in capital markets and the reality that a global recession is likely next year.
The Chinese authorities’ drift on managing bad debts feels eerily like the impending subprime crisis in 2008.
Australian households are yet to feel the full impact from the Reserve Bank’s tightening cycle on mortgage repayments, with economists tipping the first half of 2024.