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Showing 1171 - 1180 of 6910 results for "Economy"

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... individuals' bank accounts - a power that only the ATO has," the minister for superannuation, financial services and digital economy Jane Hume said. New data from the ATO shows unclaimed superannuation dropped to $13.8 billion in the year ending June ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... demand and a quicker-than-expected resumption of production and exports". In the same month, the IMF predicted China's economy to expand by 8.1% this year due to "effective containment measures, a forceful public investment response, and central ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... rising to 2.0% in 2021 and 2022. The uncertainty of it all is underscored by the Fed's statement that: "The path of the economy will depend significantly on the course of the virus, including progress on vaccinations. The ongoing public health crisis ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... members, claiming other super funds might learn from it. The minister for superannuation, financial services and digital economy Jane Hume has warned that the imminent BFID law will make it harder to get away with this excuse as trustees will be subject ...

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
... critical to our future prosperity. These investments allow better decision making and a faster response to the changes in our economy and society."

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
... recovery through various crises going back to the late 1980s-early 1990s proved to be five minutes of sunshine. Japan's economy has risen and fell through the 1990-91 recession, the 1997 Asian financial crisis, the 2001 US recession, the 2007-2009 ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... Australia is once again being infected - infected with optimism, that is. We have discussed previously how the domestic economy has contracted less sharply than its peers and has rebounded stronger relative to its peer, later confirmed by the OECD 'Economic ...

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... magic ingredient for boosting business investment. A good starting point, though, is businesses having confidence that the economy will grow and that there will be demand for their products and services," he said. "Another important ingredient is having ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... time soon, pointing out that if the cash rate were to jump to 1% that would be a significant constraint to the Australian economy - although that once would have been considered easy monetary policy.

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... US$1.9 trillion stimulus. But the real standout is this "land girth by sea". For compared with the US of A, the Australian economy contracted by less -- -2.5% in 2020 compared with the US' -3.5%. It's not only against the US but the Australian ...