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Recent signs that the economy is slowing also have hurt sectors that investors had used as safe havens for their cash, analysts said.
While a weaker Aussie will hurt sectors that rely on imports, its wider benefits will outweigh the downside as Australia tries rebalance growth from the end of the mining boom to the non-mining sectors, say economists.
Similar(57)
We cannot let these new developments undermine television service or hurt key sectors of our entertainment industry.
The general presumption is that the policy of carbon control with the tax will hurt EITE sectors in the Australian economy; hence, some measures of compensation are needed to ensure a levelled playing field with their overseas competitors.
So, encouraging IT-producing sector may hurt IT-using sectors, if the protective tariffs raise the local IT product prices for IT-using industries.Therefore, investing in these industries will limit the benefits.
Take away their buying power, and you hurt private-sector employment.
He fears the strike may hurt a sector already affected by staff shortages.
"It is beginning to dawn on investors that negative interest rates hurt the sector," said Dwane.
One reason is that tourism brings in over $800 million to Kenya each year, and many Kenyans have worried that the kidnappings will hurt the sector.
That could have severely hurt public-sector unions, as it could have allowed all state employees to enjoy union-negotiated pay deals without shouldering any share of the cost of collective bargaining.
Inflation, paradoxically, could hurt the sector, says Kumar.
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