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Showing 1021 - 1030 of 9301 results for "Economics"

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
"One, two, Freddy's coming for you Three, four, better lock your door Five, six, grab a crucifix Seven, eight, ya better stay awake Nine, ten, he's back again." Just replace "Freddy" with "COVID" and this Nightmare on Elm Street remake of the ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... Lowe didn't exactly quote this proverb when he testified before the House of Representatives Standing Committee on Economics on August 14, he offered a different prescription. "Give man a fish" - JobKeeper, JobSeeker, Backing Business Initiative ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
Australia's private sector activity is back, back in contraction that is. The Commonwealth Bank flash Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
"I love you more today than yesterday But not as much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... be used to make relevant payments to investors in different products. In the court documents, an Oxford Dictionary of Economics definition for a Ponzi scheme was included: "The promised returns can only be paid if the flow of new investment is sufficiently ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... according to the researchers including Hugh Miller, Ramona Meyricke and Laura Dixie who have Phds in statistics, financial economics and physics respectively. "We are all very used to the idea our children will live better lives than we do," Dr Miller ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... statement comes after the Reserve Bank governor Philip Lowe told the House of Representatives Standing Committee on Economics that an increase to SG will impact wage growth. Additionally, Morrison commented on the suggestion that profitable companies ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
Is this the new normal cycle? The cycle of coronavirus cycling its way around the world and infection, containment through social distancing and lockdowns, easing of restrictions, and back to infection - the second wave? This cycle hit home when the ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee on Economics Lowe said the SG increase will be offset by lower wage growth. "It will certainly have a negative effect on wages growth. If ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
Most things appeared to be going hunky-dory for the oil market in the second quarter of this year. OPEC+ production cuts plus the easing of social distancing and the re-opening of many businesses in an increasing number of countries around the world ...