Capital Brief — Business news and politics for the new economy
Capital Brief covers business and politics news for those shaping the new Australian economy: founders and executives who need capital to grow their businesses, the people who help them get it, investors who allocate it, and decision makers in the federal capital, Canberra.
Latest - Capital Brief
Dec 20, 2024 · Business news including ASX ends lower as CHESS hit by outage, ASX CHESS system hit by outage, HPI shares lift as it tells shareholders to accept Charter Hall, Hostplus buyout.
Finance and markets - Capital Brief
3 days ago · The latest finance and markets news from Capital Brief, including banking, deals, ESG, funds management, investment banking, infrastructure, markets, private equity, professional services and venture capital coverage.
China pledges 2025 stimulus for economic revival — Capital Brief
Dec 9, 2024 · The news: China’s Politburo announced a shift to a "moderately loose" monetary policy for 2025 in the first move towards monetary easing in 14 years, paired with a "more proactive" fiscal policy. The move away from a “prudent” stance comes as China seeks to address weak growth, deflation pressures and threats from US …
Government finances spark GST carve up row — Capital Brief
3 days ago · The news: The federal government has run up a $14 billion underlying cash deficit from the start of the 2024-25 financial year to 30 November 2024. The headline cash balance was -$15.8 billion for the same period. Revenue totalled $288.2 billion, with expenses at $293.7 billion. The numbers: The fiscal balance for the start of the new financial year to the end of November was a $5.1 billion ...
Economy — Capital Brief
Dec 20, 2024 · Economy news including RBA board alert to downside risks in the economy, Government reveals $14 billion deficit in financial year to November, Albo's stumbles, Dutton's reckoning.
US inflation ticks up, Fed cut in focus — Capital Brief
Dec 11, 2024 · 1. CPI path: US inflation rose to 2.7% in November from 2.6% in October, according to the Bureau of Labor Statistics, as monthly CPI increased by 0.3%, matching forecasts. Core CPI, excluding food and energy, also rose 0.3% month-on-month and 3.3% annually. Shelter costs, making up nearly 40% of the …
US economy in soft landing ahead of elections — Capital Brief
Oct 30, 2024 · 1. Election economics: The US economy grew 2.8% in the third quarter, driven by strong consumer demand and bolstered by business investment and government spending, particularly in defence, according to a preliminary estimate by the Commerce Department. Days before the 5 November US presidential election, the data came slightly lower than the 3% GDP growth expected, but shows the economy ...
US GDP grows at steady 2.8%, buoyed by consumer and business …
Nov 27, 2024 · The news: The US economy expanded at a 2.8% annualised pace in the third quarter, supported by robust consumer spending and business investment, according to the second estimate from the Bureau of Economic Analysis (BEA). The context: The second estimate included upward revisions to private inventories, nonresidential investment and local government spending from an October so-called advanced ...
From 'modest' to 'significant': Deloitte details risk from China's ...
Oct 22, 2024 · A Reuters poll of economists this month also found an expectation of 4.8% for 2024, down from 5% when they asked the same question back in July, and 4.5% for 2025.. That’s despite stimulus from Beijing to help shore up the economy as the property sector slumps. Deloitte's outlook describes the measures as “piecemeal” amid persistent structural challenges, weak domestic demand and an ...