03 May 2021, 04:05 am
Mother s Day is just right around the corner. If you are having a hard time finding the perfect present for your beloved mother or for mom friends, here are some of the best gadgets you can buy for her.
(Photo : Photo illustration by Daniel Berehulak/Getty Images)
In this photo illustration a pregnant woman is seen stood at the office work station on July 18, 2005 in London, England. Under plans to revise paid maternity leave, an exteneded period of six to nine months will be offered for maternity leave from 2007. The Federal Government has identified falling fertility rates and the ageing population as long-term problems for Australia s growth and prosperity.
Equities to have mixed reaction to higher bond yields Nicki Bourlioufas | 03 May 2021Text size
Government bond yields have been rising in Australia and globally, which could hurt returns for some equites that are sensitive to interest rates rises, though the big banks are expected to be resilient.
Dr Shane Oliver, chief economist with AMP Capital, expects the Australian 10-year government bond yield to rise to about 2 to 2.25 per cent by the year’s end, but noting that “continuing RBA dovishness and low underlying inflation should help limit the rise in bond yields to this.” Australia’s 10-year bond yield has jumped 88 basis points over the past 12 months to 1.74 per cent.
RBA poised to upgrade economic outlook
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The Reserve Bank is likely to give the first indication of its upgraded economic forecasts after Tuesday’s board meeting, following better than forecast unemployment figures and job ads at 12-year highs.
The record low cash rate is broadly expected to remain unchanged at 0.1 per cent and while most economic indicators are running ahead of official forecasts, economists are not expecting any major shift in bank policy.
Core inflation – the central bank’s preferred measure of inflation – also came in significantly lower than economists expected.
Louie Douvis
Core inflation – the central bank’s preferred measure of inflation – also came in significantly lower than economists expected, with a 0.3 per cent rise in the March quarter and a 1.1 per cent rise for the year – the lowest since records were first kept by the Australian Bureau of Statistics.