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Cherelle Murphy on Muck Rack

Cherelle Murphy

Canberra
As seen in: The Guardian, Sydney Morning Herald, The Age, EY, Australian Financial Review, Brisbane Times, WAtoday
EY Chief Economist Oceania, mum of twin teens, peddler of my profession (especially to women and girls)
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Articles

Australian National Accounts June 2025: Australia’s economy improves, but needs business investment boost

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By Paula Gadsby, Nicholas Hordern, Cherelle Murphy
| EY
In brief: Gross Domestic Product (GDP) increased by 0.6 per cent in the June quarter and 1.8 per cent over the year. The Australian economy is in recovery with household and government consumption, as well as net trade, contributing to growth. Meanwhile, government investment fell. Business investment continues to lag, which remains a concern and could limit future growth. The National Accounts showed an economy in recovery, albeit an excruciatingly slow one.
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It’s time to tango with the economic forecasters

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By Cherelle Murphy
| EY
5 minute read 30 Jan. 2024 A 2023 recession in the US was predicted with near certainty amongst economists just over a year ago. It didn’t happen. Economic forecasting is difficult, often wrong and begs the question, is it worthwhile? Simply put, yes. It helps businesses make decisions about capital allocation, borrowing, staffing levels, and wage rates. But economists must also include probabilities and alternative scenarios around their core predictions.
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Stateometer: the slow road to recovery

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By Cherelle Murphy
| bluenotes.anz.com
The exception was Victoria which remained in lockdown due to the impact of the COVID-19 pandemic. " The jobs recovery was consistent everywhere except Victoria, surprising us with its strength.” The rest of Australia, which saw varying levels of re-opening, recovered ground in the wake of a very weak June quarter. But growth was subdued with most states/territories below trend.
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