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The market has failed to understand that the central bank’s quantitative easing program is here to stay.

The question at day two of The Australian Financial Review Business Summit was whether Australia can follow up the initial rebound from the pandemic and come back stronger amid the massive disruptions.

Australian national accounts data to provide rationale for deepening cuts The latest Australian national accounts figures, showing a record rise in gross domestic product (GDP) over the last two quarters of 2020, have been hailed as sign that the economy has turned the corner and is now powering out of the recession induced by the COVID-19 pandemic. But closer analysis of the data, when combined with the significant slowing of the economy before the pandemic struck, shows this to be far from the case. Moreover, remarks by Treasurer Josh Frydenberg on the figures indicate they will be used as ...

Updated / Thursday, 25 Feb 2021 07:09 When purchasing a mobile phone, the study shows that consumers prefer to visit stores. Irish consumers prefer to use digital channels to interact with mobile operators, according to new research from Deloitte. Its latest Digital Consumer Trends report shows that 77% of consumers interact with their mobile operator through their website, while 61% use apps. 60% of respondents said they visit stores, while over half have called their operator by phone. "We know from our research that the way consumers are shopping is changing - 43% of consumers use their m...

ASIC was right when it said “the economic significance of fair and efficient capital markets dwarfs any exposure to class action damages”.