Chief economist update: The hazard of being a safe havenBY BENJAMIN ONG | WEDNESDAY, 21 AUG 2019 9:56AM
Mounting uncertainties are pushing investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen.Read more: US, BOJ, China, South Korea, Ahh, Argentina, Bank of Japan, Bloomberg, Board, Brexit, Germany, Hong Kong, Italy, Land of, Russia, Trump
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund.
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
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