18 result(s) for “economy”
Reserve Bank of Australia deputy governor Andrew Hauser told a Sydney investment conference that the inflation outlook is "materially worse" than in August, reshaping market pricing for a November cash rate decision and raising the prospect of further pain for borrowers and firms.
Swedish buyout group EQT has lodged a binding scheme to acquire Cleanaway for A$3.095 a share, valuing the Australian waste services group at about A$9.3 billion. The deal, announced this week and moving quickly towards shareholder and regulatory steps, intensifies debate over foreign buyouts of critical infrastructure and the future of recycling and landfill operations in Australia.
National Australia Bank’s plan to cut up to 2,500 roles and Westpac’s separate reduction of about 140 positions underline a wider wave of workforce change across Australia’s banking sector, raising questions about technology, regulation and the short term impact on the labour market.
National Australia Bank has told the market it will reduce its internal workforce by as many as 2,500 roles over the next year as it moves to simplify its operating model and redirect resources to growth and technology initiatives. The announcement rattled the ASX and heightened scrutiny of job security across Australia’s major banks.
Official labour data released October 18, 2026 shows unemployment climbed to 4.7 percent in September as employment fell, complicating the Reserve Bank of Australia’s policy outlook and increasing pressure on federal economic policy makers.
The Reserve Bank of Australia in its October 2026 Financial Stability Review warns that elevated global government bond yields and rapid AI-driven shifts in markets pose the most significant risks to domestic financial stability, while the housing downturn and household indebtedness remain manageable for now.
At its 2026 research conference the Reserve Bank of Australia set out a clearer framework for so called additional monetary policy tools and flagged the growing role of financial stability risks for business planning.
SHAPE Australia has been awarded an approximately A$800 million construction contract to build a 52 megawatt expansion at DigiCo Infrastructure REITs SYD1 data centre in Sydney. The deal boosts SHAPEs work in hand and underscores investor appetite for Australian hyperscale capacity as long term leases and funding fall into place.
Ballard Mining has completed a A$45 million institutional placement to fund accelerated drilling, early infrastructure and feasibility work at its Mt Ida gold project in Western Australia, giving the company a clearer path to a mid 2027 final investment decision while intensifying dilution and execution risk for shareholders.
The NSW Coalition has unveiled a plan to lower payroll tax and raise the tax-free threshold, promising relief for small and mid sized employers. The move injects a tax battleground into the state election campaign and forces scrutiny of budget trade offs and economic impact on jobs and services.
A federal parliamentary inquiry into artificial intelligence that reconvened on October 9 has sharpened regulatory and commercial risks for datacentre builders and AI firms in Australia, prompting investors and operators to reassess projects and project timelines.
S&P Global Ratings warns that near record federal and state spending, combined with rising interest bills, has left Australia more exposed to economic shocks, complicating the Reserve Bank of Australia’s path back to inflation targets, rating commentators and Australian outlets reported on October 8, 2026.
Major Australian business groups and universities on October 7, 2026 expressed sharp concern about the Coalition’s newly announced plan to sharply reduce net overseas migration, saying it risks labour shortages, weaker economic growth and damage to sectors that rely on international students and skilled migrants.
Major Australian asset managers are cutting exposure to domestic stocks and reallocating to overseas markets as higher interest rates and a deepening housing slump weigh on the ASX. The move poses fresh risks for local companies seeking capital and could deepen the disconnect between Australia and global markets.
Trade Minister Don Farrell’s suggestion that Australia’s superannuation sector consider investing in the US lamb industry to head off further American tariffs has drawn sharp political criticism and concern from the super sector. The debate raises questions about investor independence, the sole purpose duty and economic risks for a $4.5 trillion industry.