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Showing 31 - 40 of 1424 results for "Fiscal"

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... important feature of our system," he said. "And part of that means that I explain and defend the decisions that I take in fiscal policy and the governor, and the board explain and defend the decisions that they take on monetary policy, and that's ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... whilst forecast to generate a $40 million budget windfall over the next four years, is based on data from 2016. Despite the fiscal benefits touted in Schedule 5 of the proposed bill, critics have harboured concerns of unintended consequences. Senator ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... inflation. "The government had a very big increase in revenue both from what's happened with commodity prices, and with fiscal drag as inflation has pushed people up into higher tax brackets," Lowe explained. "It could have elected to use this revenue ...

Martin Fahy to step down as ASFA chief

CASSANDRA BALDINI  |  FRIDAY, 26 MAY 2023
... retirement system is the envy of its OECD peers. "It allows Australians to face retirement with confidence and makes the fiscal burden of an ageing population affordable," he said. "I would like to thank the ASFA team, board, and our previous chair Michael ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... commitment in the budget to save most of the revenue windfalls over the five-year budget horizon signals a commitment to prudent fiscal management," it commented. Fitch further highlighted the government's attempts to address the structural pressures ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... $4.2 billion for 2022-23, the first in 15 years, but structural deficit challenges continue to pose a threat to long-term fiscal stability. Treasurer Jim Chalmers touted the surplus and smaller deficits compared with recent budgets. "We are now forecasting ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... rate decisions are made. Released today, An RBA fit for future comes amid widespread criticism for the central bank's fiscal response and on the back of governor Philip Lowe's 2020 prediction that rates wouldn't rise until 2024. However ...

Princeton endowment fund chief to retire

CHLOE WALKER  |  MONDAY, 17 APR 2023
... to US$100,000 to attend the ivy league university at no cost. Princeton's endowment was valued at $57.4 billion for the fiscal year that ended 30 June 2022. Its annualised return during Golden's tenure has been 12.6%. "When you really think about the ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... He said China's state-owned companies tend to concentrate on the old economy, and many of them have performed poorly. "Fiscal stimulus aimed at the consumer will benefit new economy sectors, including consumer discretionary, travel, airlines, healthcare ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... lifestyle. Moreover, the 'sustainability' of the superannuation system could be influenced by the broader budgetary and fiscal position of the Commonwealth at any given time, he said. Meanwhile, IFPA head of superannuation and financial services ...