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Showing 101 - 110 of 263 results for "Tax cuts"

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... unemployment rate is down to 4.1% at the end of 2017 from 4.8% at the beginning; the US dollar is cheaper; and then there's the tax cuts which is expected to boost growth, wages and spending and the deficit (further US dollar weakness). Likewise, inflation ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... up) that, in turn, portends stronger growth for the US economy. And speaking of stronger US economic growth, Trump's tax cuts have not yet have time to flow through into corporate earnings, then investment, then jobs, then wages, then spending. These ...

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
... to growth, a substantial lift from the 0.40 pps it contributed to September quarter growth. This, even before Trump's tax cuts became law. And the future? The Wall Street Journal's article headlined "The Tax Law, Just One Month Old, Is Roaring Through ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... still denied by officials) as against the Fed's telegraphed gradual and gentle policy tightening; concerns over Trump's tax cuts on the fiscal deficit - expected to add US$1.3 trillion to the deficit over the next 10 years; and, the absence of any major ...

Australia's wealth gap deepens: Oxfam

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... step-by-step strategy outlining how this would be achieved. As for the Federal Government, Szoke urged to end corporate tax cuts and introduce tougher tax transparency laws that require companies to publicly report on income, profits and taxes for every ...

Australia overdue for company tax cut: Spot poll

KARREN VERGARA  |  MONDAY, 15 JAN 2018
... 21%. The US reduced its corporate tax rate from 35% to 21% effective 1 January 2018 as part of broader reforms under the Tax Cuts and Jobs Act aiming to provide tax relief for workers, families and organisations. Thirty-one per cent strongly agreed that ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... the December CPI report. Chances are Kashkari will get his wish and soon. The passage of US President Donald Trump's tax cuts into law has already prodded several US companies to announce pay hikes. As CNBC reported late last month, "Fifth Third Bancorp ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
... 14.0 at the start of 2017 to 11.0 by the end of the year and is currently at 9.5. And why not? There's Trump and his tax cuts. If the mere anticipation of it sent stocks rising in 2017, what more this year when it has become law? Just think of the many ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
... to 37%... five days before Christmas. Love him or treat him as a joke but POTUS is proving true to his word. With the tax cuts' passage, Trump can add another check mark to his "campaign promises to fulfil" list. He's already made good on withdrawing ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... argument with regards this in light of the economy's strengthening momentum - one, that'll even become stronger once the tax cuts become law. However, we could be another rate hike (or two or three) away from breaking the proverbial camel's back in terms ...