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: The World is ‘Tariffied’
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Quarterly 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.
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

Navigating the Ripple Effect: The Impact of US Tariffs on Australia and Effective Mitigation Strategies
GovernmentEconomic and Budget newsThe Real Economy
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Navigating the Ripple Effect: The Impact of US Tariffs on Australia and Effective Mitigation Strategies
Navigating the Ripple Effect: The Impact of US Tariffs on Australia and Effective Mitigation Strategies
Economic Pulse - What 4Q24 GDP Tells Us
The Real EconomyEconomic and Budget news
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Economic Pulse - What 4Q24 GDP Tells Us
Strong Workforce means No Rate Relief
The Real EconomyEconomic and Budget news
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Strong Workforce means No Rate Relief
RBA Blinks: A Cautious Shift In Policy
The Real EconomyEconomic and Budget news
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RBA Blinks: A Cautious Shift In Policy
Inflation Falls—But Will the RBA Blink?
The Real EconomyEconomic and Budget news
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Inflation Falls—But Will the RBA Blink?
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)!

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

2025 Federal Budget breakdown

Watch as a panel of RSM's brightest analyse the 2025-26 Australian Federal Budget and discuss how it will impact households, businesses, and the economy as a whole.

Tune in now. 

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
Mining.com.au - Budget 2024: Economist warns policy ‘misalignment’ could jeopardise plans [14.05.24]
Devika - In the media
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Mining.com.au - Budget 2024: Economist warns policy ‘misalignment’ could jeopardise plans [14.05.24]
“Stark misalignment” between fiscal policy and monetary policy could jeopardise Australian government plans despite its assertion tonight’s (14 May 2024) budget would ease cost-of-living pressures and further reduce inflation into 2025.

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