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

Regular economic analysis

4Q25 CPI: Why February RBA Call Is Still a Line Ball
The Real EconomyEconomic and Budget news
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4Q25 CPI: Why February RBA Call Is Still a Line Ball
December CPI shows sticky but moderating inflation, with housing and services driving pressures as the RBA faces a finely balanced February rate decision.
Australia Year Ahead 2026: Resilient but Tested
The Real EconomyEconomic and Budget newsQuarterly Economic Outlook
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Australia Year Ahead 2026: Resilient but Tested
Australia 2026: Resilient but Tested
RBA: Rates Frozen, Risks Still Warm
The Real EconomyEconomic and Budget news
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RBA: Rates Frozen, Risks Still Warm
RBA: Rates Frozen, Risks Still Warm
RBA Delivers: Cheaper Rates, Cautious Optimism
The Real EconomyEconomic and Budget news
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RBA Delivers: Cheaper Rates, Cautious Optimism
The image displays an abstract representation featuring vibrant, flowing lines of light against a dark, midnight blue background, creating a sense of movement and depth.
Inflation in Check: RBA Poised to Ease
The Real EconomyEconomic and Budget news
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Inflation in Check: RBA Poised to Ease
Inflation in Check: RBA Poised to Ease
RBA Surprises The Market With A Hold
The Real EconomyEconomic and Budget news
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RBA Surprises The Market With A Hold
RBA surprises the market with a hold

Australian economic outlook

Economic Outlook: The World is ‘Tariffied’
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Economic Outlook: The World is ‘Tariffied’
Australia Year Ahead | 2025
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Australia’s economy in 2025: cautious recovery with moderating inflation, limited spending power, and global trade risks. Explore key trends shaping the future.
Australian 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.

What's next for Australia and the world in 2026?

In the lead-up to 2026, the economic landscape is a quicksand minefield. In this exclusive webinar, we brought together two leading economists, from RSM US and RSM Australia, to unpack the forces shaping the year ahead. 

  • RBA cash rate decisions: How rising unemployment and “sticky” inflation are complicating policy decisions.
  • Australia’s economic pressure points: The sectors feeling the strain and where resilience may emerge.
  • Global headwinds: The impact of US–China tensions, the global oil glut and energy prices, and the ongoing US government shutdown.
  • Productivity puzzle: Why key Australian sectors continue to underperform and what must change.
  • The 2026 outlook: Growth, inflation, employment and what the data tells us about the next 12 months.

Economic Update for SMEs

In an uncertain economic landscape, small businesses must stay ahead of key trends to navigate risks and seize opportunities.

This webinar provided a timely update on the factors shaping the economy and what they mean for small business owners.

Our economist Devika Shivadekar explored:

  • Inflation and interest rate movements—what to expect in the coming months
  • Global geopolitical tensions and their impact on supply chains
  • The evolving shift towards decarbonisation and what it means for small businesses
  • The effects of economic decoupling from China and emerging trade dynamics
  • Practical insights to help businesses prepare for the next quarter

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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