Monthly Economic Videos
Each month we will bring you a video on an update of what is happening in the economic world.
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The economic event that overshadowed all others in April was the increase in inflation.
The release of the March quarter Consumer Price Index (CPI) showed inflation up 2.1% in the quarter and 5.1% on an annual basis. This was the biggest increase since 2001 and well above the Reserve Bank’s target of 2-3%.
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The war in Ukraine added a major new source of uncertainty to the local and global economic outlook in March.
Inflationary pressure continued as global economies recover from the pandemic and as crude oil prices surged due to economic sanctions against Russia.
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Russia’s invasion of Ukraine in late February increased volatility on global financial markets and fueled uncertainty about the pace of global economic recovery.
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The global economy and financial markets ended the year as they began, dominated by the pandemic, as the world grappled with a new wave of COVID-19.
Global sharemarkets made some big gains in 2021 on the back of economic recovery and strong corporate profits.
The US market led the way, with the S&P500 index up 27 per cent to finish at near record highs. While in Australia, our vaccination rate exceeded all expectations, as did property and share markets both soaring in 2021.
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All eyes were on the September quarter inflation figures in October, as speculation mounted that the Reserve Bank may be forced to raise interest rates sooner than planned.
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Our October update takes you through key economic indicators, as September was a mixed bag on the economic front. After reaching record highs in August, global sharemarkets stumbled in late September.
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Our September update video takes you through key economic indicators, as August provided mixed economic news, with central banks, business and consumers remaining cautious.
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Our August update video takes you through key economic indicators, as both markets and the economy react to the continued on-again, off-again lockdowns throughout across numerous states in July.
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Our July update video takes you through key economic indicators so you can understand how the Australian economy is faring as we recover from the COVID-19 induced recession of 2020.
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Our June update video takes you through key economic indicators so you can understand how the Australian economy is faring as we recover from the COVID-19 induced recession of 2020.
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Our May update video takes you through key economic indicators so you can understand how the Australian economy is faring as we recover from the COVID-19 induced recession of 2020.
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Our April update video also takes you through key economic indicators so you can understand how the Australian economy is faring as we recover from the COVID-19 induced recession of 2020.
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Our March update video also takes you through key economic indicators so you can understand how the Australian economy is faring as we recover from the COVID-19 induced recession of 2020.
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Our February update video also takes you through key economic indicators so you can understand how the Australian economy is faring as we recover from the COVID-19 induced recession of 2020.
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