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Showing 61 - 70 of 1782 results for "GDP"

Recession-style policy but no recession: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... government is going to be putting about $13.4 billion into people's pockets over the next six months; that's 1.3% of GDP," Wood explained. "Compare this to the stimulus package from the Global Financial Crisis - that was 1.2% of GDP over six ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise will be cut in half, from 44 cents a litre to 22 cents a litre, for six ...

Millions to receive tax offset

TOM WATSON  |  TUESDAY, 29 MAR 2022
... front, the budget also contains a number of new initiatives aimed at Australian businesses. For the 2022-23 financial year the GDP uplift rate for PAYG and GST installments will be lowered from 10% to 2% - a move which the government says will provide ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise will be cut in half, from 44 cents a litre to 22 cents a litre, for six ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... defence spending in the Federal Budget. The increased allocation to defence will bring Australia's defence spending above 2% of GDP for the first time in 20 years. The government will build a new submarine base on the east coast of Australia as part ...

Government vows support for SMEs, self-funded retirees

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... trust income reporting and improving the pay-as-you-go (PAYG) system. Announced yesterday, Treasurer Josh Frydenberg said the GDP uplift rate that applies to PAYG instalments and GST instalments will be lowered to 2% for the 2022-23 financial year. Normally ...

Learn to live with inflation: BlackRock

CHLOE WALKER  |  FRIDAY, 4 MAR 2022
... expectations and prior hiking cycles. The RBA really has little incentive from what we can see to crush the Aussie economy, with GDP, the unemployment rate and inflation, exactly where they want to be."

KPMG family business consultants launch advisory firm

CHLOE WALKER  |  MONDAY, 28 FEB 2022
... office, philanthropy & social impact and next generation transition and development." According to the firm, "70% of global GDP comes from family businesses, yet few acknowledge the incredible commitment and contribution they make to our economy and ...

Big tech, interest rates dominate reporting season

KARREN VERGARA  |  MONDAY, 21 FEB 2022
... from greater institutional and retail attention, reflecting the significant growth of technology spend as a percentage of GDP, however, as inflation rises and fears about valuations climb, investors have responded by savaging technology companies," he ...

Australian market praised in latest pension study

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
... with heightened sensitivity to cost and peers." Australia now sits in second place in terms of ratio of pension assets to GDP, overtaking Canada. The Netherlands has the highest ratio at 213% while Australia's comes in at 172% (local currency). "This ...