Business News

Why central bankers look to the ‘stars’ when setting interest rates

Written by Luke Hartigan, Senior Lecturer in Economics, University of Sydney

When the topic of central banks and the outlook for interest rates comes up, economists often turn to the so-called “star” variables to help with their predictions.

What do we mean by star variables? Why they are important to central bankers, and how do they influence interest-rate decisions?

The star variables relate...

Inflation cooled more than expected in November. But rate cuts remain unlikely anytime soon
Annual inflation cooled in November. The latest Australian Bureau of Statistics (ABS) consumer price index (CPI) report, rele…
Building a Crisis-Proof Network for Australia
The Growing Impact of Climate Disasters: Australia is facing an increase in climate-driven disasters. From catastrophic fl…
A fresh start feels powerful – until motivation fades. Here’s how to set work goals that stick
May Lim/GettyEvery January, offices quietly reset. New planners appear on desks. Fresh notebooks open in meetings. To-do list…
Women have fought hard to be recognised as farmers. There’s still more work to be done
pixdeluxe/GettyWhen we think of an Australian farmer, we often still conjure up an image of a bloke in a hat, perhaps leaning…
Walk while you work: are the extra steps on an under desk treadmill worth the cost?
Phynart Studio/Getty ImagesRecent surveys estimate more than 6.7 million Australians – almost half of all workers, and …
Why central bankers look to the ‘stars’ when setting interest rates
James Wheeler/PexelsWhen the topic of central banks and the outlook for interest rates comes up, economists often turn to the…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Josh Frydenberg’s budget is an extraordinary turnaround – but leaves a $40 billion problem
It’s often said in business circles that good companies manage their balance sheet, and bad companies manage their P&L (profit and loss account). That same aphorism applies to governments.And by…
Should the government keep running up debt to get us out of the crisis? Overwhelmingly, economists say yes
CC BY-NDOverwhelmingly, the 50 leading Australian economists surveyed by the Economic Society of Australia and The Conversation ahead of Thursday’s economic statement want the government to keep spending to support…
The Travel Industry Exhibition Delivers Quality Visitors in Sydney
That's a wrap for The Travel Industry Exhibition 2016! In its third year the exhibition returned to Luna Park, Sydney on 18 July – 19 July and opened to a…

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...

RogersDigital.com Announces the Launch of TheBulletin.au, a Destination for Business, Policy and Financial Insight

RogersDigital.com has announced the launch of TheBulletin.au, a new national digital publication designed to deliver sharp, data-driven reporting ...

Why central bankers look to the ‘stars’ when setting interest rates

Inflation cooled more than expected in November. But rate cuts remain unlikely anytime soon

Building a Crisis-Proof Network for Australia

A fresh start feels powerful – until motivation fades. Here’s how to set work goals that stick

Women have fought hard to be recognised as farmers. There’s still more work to be done

Walk while you work: are the extra steps on an under desk treadmill worth the cost?

Why central bankers look to the ‘stars’ when setting interest rates

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Josh Frydenberg’s budget is an extraordinary turnaround – but leaves a $40 billion problem

Should the government keep running up debt to get us out of the crisis? Overwhelmingly, economists say yes

The Travel Industry Exhibition Delivers Quality Visitors in Sydney

Stop reading from the script: Why authenticity is the customer success secret weapon

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

RogersDigital.com Announces the Launch of TheBulletin.au, a Destination for Business, Policy and Financial Insight

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security