Stay up to date with the latest economic market trends with RSM Australia Economist Devika Shivadekar.

On this page, you will find a collection of our latest articles developed to provide timely economic insights about the economy.  

From market analyses to macroeconomic trends, our articles are designed to keep you well-informed and ahead of the curve.

Devika Shivadekar

CONTACT DEVIKA

Devika Shivadekar is an Economist for RSM Australia based in our Sydney office.

She has a wealth of experience in macro-economic and financial research, spanning both public and private sectors, and a deep understanding of the APAC region. She follows key macroeconomic indicators such as growth, inflation, central bank decisions and the labour market to assess the overall health of an economy.

Explore the latest updates from our Economist

Quarterly economic outlook

Quarterly Economic Outlook | June 2024
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The Australian economy has stayed afloat due to population growth, but it has faced five straight quarters of decline per capita. High borrowing costs and a slower pace of price normalisation have led consumers to cut back on spending, making it harder for businesses to operate.

Regular economic analysis

Here comes the sun (and maybe some rate cuts)!
The Real EconomyEconomic and Budget news
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Here comes the sun (and maybe some rate cuts)!
RBA stands pat and apart
The Real EconomyEconomic and Budget news
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RBA stands pat and apart
2Q24 GDP: Economic performance remains lacklustre
The Real EconomyEconomic and Budget news
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2Q24 GDP: Economic performance remains lacklustre
Graph showing Australia’s economic growth supported by public sector spending, with private sector struggling and positive outlook due to increased government support.
Inflation on track, RBA to maintain course
The Real EconomyEconomic and Budget news
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Inflation on track, RBA to maintain course
Inflation on track, RBA to maintain course
Captain's Toss: RBA Decision
The Real EconomyEconomic and Budget news
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Captain's Toss: RBA Decision
Reserve Bank of Australia Board confronting economic challenges with low consumer confidence, sluggish retail spending, and rising business insolvencies.
RBA's Firm Hand: Keeping Interest Rates Anchored Amidst Economic Winds
The Real EconomyEconomic and Budget news
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RBA's Firm Hand: Keeping Interest Rates Anchored Amidst Economic Winds
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate target unchanged at 4.35 per cent.

RSM Australia Economic Update 2024

This update delivered on 30 April 2024 by RSM Australia's Economist Devika Shivadekar provides a summary of the current economic conditions in Australia and the world and examines the risks and opportunities for businesses. In her conversation with RSM's Chief Executive Partner Jamie O'Rourke, Devika comments on a wide variety of topics, such as the Australian economy, inflation, interest rates, the housing market and key sectors.

In the media

SkyNews.com.au - Australia 'unable to survive' another rate hike as economists weigh in on slowing growth, 'unwelcome' inflationary pressure [5.06.24]
Devika - In the media
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SkyNews.com.au - Australia 'unable to survive' another rate hike as economists weigh in on slowing growth, 'unwelcome' inflationary pressure [5.06.24]
Mr Taylor was echoed by RSM Australia economist Devika Shivadekar, who highlighted the figures showed Australian households were once again seeing a decline in savings due to cost of living pressures. "We remain in a GDP per-capita recession with the March quarter 2024 making it a fifth consecutive decline," she said. "The household savings ratio has fallen again after a recovery in the December quarter 2023, mainly dragged by much more modest compensation of employees and investment income received in th
SkyNews.com.au - Shock as unemployment rate jumps higher than expected, hitting 4.1 per cent in April despite solid jobs growth [16.05.24]
Devika - In the media
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SkyNews.com.au - Shock as unemployment rate jumps higher than expected, hitting 4.1 per cent in April despite solid jobs growth [16.05.24]
RSM Australia economist Devika Shivadekar suggested the RBA needed to remain "cautious" following the release of the ABS figures, arguing underlying tightness in the labour market may still take time to disapate. "Conversations with our clients have highlighted that skill mismatch remains the biggest issue for businesses when it comes to hiring, likely contributing to the underlying tightness," she said. "This suggests that while finding employees for specialized roles still remains challenging, the gig e
Accounting Times - Budget to drive 'downward pressure on inflation', says Treasurer.
Devika - In the media
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Accounting Times - Budget to drive 'downward pressure on inflation', says Treasurer.
RSM Australia economist Devika Shivadekar said the RBA likely took the upcoming tax cuts into consideration in its revised forecasts.

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