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Showing 91 - 100 of 1110 results for "Stimulus"

ATO begins stimulus fraud convictions

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
The Australian Taxation Office (ATO) has started cracking down on those who fraudulently accessed government stimulus measures in relation to COVID-19 with the first conviction. Raed Saleh was convicted in the Heidelberg Magistrates Court of three counts ...

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... Foundation, its charitable arm which distributes funds to not-for-profit organisations. This includes $100,000 in government stimulus the company received.

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... that came with it - while at the same time wishing, hopin' and prayin' for Biden's US$1.2 trillion fiscal stimulus package passes and that the Fed continue to maintain loose monetary policy... sans inflation. But to quote the title of the ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... Perhaps, stockmarket investors are looking forward as they're claimed to be. With the government's pandemic fiscal stimulus measures the highest on the planet - 42.2% of GDP as of last count - economic recovery awaits. Sadly, latest stats indicate ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... admit that the economy still needs support but that Biden's proposal is excessive. "There is a chance that macroeconomic stimulus on a scale closer to World War II levels than normal recession levels will set off inflationary pressures of a kind we have ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress to pass his US$1.9 trillion stimulus package. The BLS reports that the economy added 49,000 jobs in January. This is lower than market expectations for a 50,000 ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... rising sometime around late November/early December last year. This prompted the Suga administration to announce a third stimulus package worth around US$708 billion, which includes about ¥40 trillion (US$384.47 billion) in direct fiscal spending and ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... hacked," the ATO said. "The ATO has a dedicated integrity strategy that supports the administration of the government's stimulus packages." Scamwatch has urged everyone to be cautious and remain alert to COVID-19-related scams. "Scammers are hoping that ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... emergency funds to support retail shops, restaurants and tourism businesses from the re-enforced lockdown. The fiscal stimulus gives the Bank of England (BOE) some breathing room to assess the recent developments before its scheduled meeting on the February ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan." The Federal Treasury unleashed stimulus onto the economy: "To responsibly deal with the greatest challenge of our time and rebuild our economy and secure Australia's ...