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Showing 1101 - 1110 of 9301 results for "Economics"

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... consistently delivered better net returns for members, more than half of them are facing headwinds when it comes to their economics. Nineteen out of the 34 remaining industry funds have been growing total costs while member numbers have decreased. "As ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing Economics Committee, referenced a report from research and ratings house Lonsec on industry fund Hostplus in his letter sent yesterday. ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
It was a magnificent Monday, 25 May 2020, for Japan for on this day Prime Minister Shinzo Abe declared the country's state of emergency over. We salute you our Japanese brothers and sisters, for Japan has flattened its coronavirus curve despite ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...

House prices expected to tumble

ELIZA BAVIN  |  FRIDAY, 22 MAY 2020
HSBC has warned Australian house prices could fall as much as 12% in 2021 as the fallout from the COVID-19 pandemic continues. HSBC analysis showed Sydney house prices could fall by as much as 15% next year, while Melbourne could see a 17% drop. HSBC ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
"You don't mess with the Zohan." Or in Australia's case, don't mess with the Politburo. It's only been weeks since Australia called for an inquiry into COVID-19, offending China and sending it into retaliation mode - Beijing banned beef ...

Industry flocks to JobKeeper handouts

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Nearly 13,500 businesses in financial services and insurance enrolled for JobKeeper payments, according to an industry-level breakdown from the Australian Taxation Office. JobKeeper enrolments crossed 835,000 businesses employing over 5.5 million workers ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Australians are more financially stressed than they were before the Prime Minister announced plans to restart the nation's economy, according to latest research. The latest wave of the Melbourne Institute's Taking the pulse of the nation survey shows ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... social distancing and lockdown measures. Latest data from the Australian Bureau of Statistics (ABS) and the CBA-Markit Economics surveys underscore the disastrous impact of restrictions has had on the Australian economy. The ABS reports that after surging ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
Government stimulus packages and lender deferrals may have softened the economic blow of the COVID-19 pandemic but with end dates in sight, UBS has warned of an impending fiscal cliff. With JobKeeper and Jobseeker packages as well as debt deferrals ...