Latest news with #StephenHalmarick

News.com.au
3 days ago
- Business
- News.com.au
Trump's tariffs are the ‘biggest concern' for Australian businesses
Principal at Economics Unchained Stephen Halmarick says US President Donald Trump's tariffs have overtaken inflation as the biggest worry for Australian businesses. 'Interestingly, over the last year or so, inflation was by far the biggest worry for businesses in Australia,' Mr Halmarick told Sky News Australia. 'Now that's come down and in fact been overtaken by global geopolitical worries as the biggest concern for Australian businesses – and I think we all know the reasons for that.'

News.com.au
3 days ago
- Business
- News.com.au
Interest rate cuts set to play a crucial role in economic growth
Principal at Economics Unchained Stephen Halmarick says interest rate cuts will play a crucial role in accelerating economic growth in 2025. 'The big change, of course, is the Reserve Bank started cutting interest rates,' Mr Halmarick told Sky News host Ed Boyd. 'Those interest rate cuts are going to be a really important part of seeing a bit of acceleration and economic growth this year.'

News.com.au
3 days ago
- Business
- News.com.au
‘Pretty soft': First quarter GDP numbers analysed
Principal at Economics Unchained Stephen Halmarick discusses Australia's first quarter 2025 GDP figures, claiming they are 'pretty soft'. 'Unfortunately, it looks like the first quarter GDP numbers are going to be pretty soft, maybe around 0.3 per cent for the quarter,' Mr Halmarick told Sky News host Ed Boyd. 'That's slower than the fourth quarter of last year, which was 0.6. 'So, you know, continuously, it's like a very subdued economic environment we've had for a number of years now.'

Sky News AU
3 days ago
- Business
- Sky News AU
Trump's tariffs are the ‘biggest concern' for Australian businesses
Principal at Economics Unchained Stephen Halmarick says US President Donald Trump's tariffs have overtaken inflation as the biggest worry for Australian businesses. 'Interestingly, over the last year or so, inflation was by far the biggest worry for businesses in Australia,' Mr Halmarick told Sky News Australia. 'Now that's come down and in fact been overtaken by global geopolitical worries as the biggest concern for Australian businesses – and I think we all know the reasons for that.'