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Showing 101 - 110 of 384 results for "OECD"

We cannot prevent the blow: PM

ELIZA BAVIN | TUESDAY, 16 JUN 2020

... save every business. "Australia is expected to have the third lowest fall in GDP in 2020 of all economies surveyed by the OECD," Morrison said. "But the hit to our economy, we must understand, is significant despite our relatively strong performance ...

Chief economist update: Australian Renaissance

BENJAMIN ONG | MONDAY, 15 JUN 2020

... Australian Bureau of Statistics (ABS) released figures showing that GDP contracted by 0.3% in the March 2020 quarter - the 'OECD Economic Outlook, June 2020' report has Australia's economy being the least worst among the club of rich nations. ...

Chief economist update: The second wave

BENJAMIN ONG | FRIDAY, 12 JUN 2020

... that would prompt the re-enforcement of isolation and lockdown measures..." A second wave will be more disastrous. The 'OECD Economic Outlook, June 2020' report forecast US GDP growth to plunge by 8.5% this year "if there is another virus outbreak ...

Government urged to extend stimulus

ELIZA BAVIN | THURSDAY, 11 JUN 2020

The OECD has urged the Australian government to extend stimulus measures and warned that a second wave of infections could derail our economy. In its latest economic outlook report pointed out that while economic activity collapsed in the second quarter ...

Chief economist update: Easing restrictions narrow oil demand-supply equation

BENJAMIN ONG | MONDAY, 18 MAY 2020

... year. The again, oil prices will still be climbing a slippery slope until stockpiles are reduced. According to the IEA: "OECD data for March show that industry stocks rose by 68.2 mb (2.2 mb/d) to 2 961 mb. Total OECD stocks stood 46.7 mb above the five-year ...

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY | WEDNESDAY, 1 APR 2020

... households are forced to absorb the costs of an extended shutdown via their own balance sheets," Coates said. Citing new OECD estimates, Coates said even a partial lockdown could see 22% of Australia's economy shut down. "These estimates don't account ...

Frontier warns super fund clients of recession

KANIKA SOOD | FRIDAY, 20 MAR 2020

... slowdown estimates are much larger than some others like QIC (less than -1% for both short-term and extended COVID-19 impact), OECD, Capital Economics and Oxford, but in line with another study published by Warwick McKibbin and Roshen Fernando. "The ...

Super women: Female-led funds on top

ALLY SELBY | FRIDAY, 6 MAR 2020

... determined recruitment and promotion process to increase female leadership in superannuation. "Australian women are number one in OECD tables for educational attainment; so high calibre women are plentiful," she said. "However, using traditional recruitment ...

ANU to help determine fate of SG increase

ELIZA BAVIN | FRIDAY, 6 MAR 2020

... Grattan's draft report including on treatment of CIPRs, bequests, public/private consumption, pension spending numbers from OECD, wealth tax and couple tax. It concluded Grattan's modelling "broadly tells a similar story" to its own modeling. ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG | FRIDAY, 6 MAR 2020

... out of hand that, I'm now eating my own words when I under-estimated the adverse repercussions of COVID-19 (gulp). The OECD has already slashed its 2020 growth forecast by 50 basis points to 2.4% and the IMF now expects world growth to be lower than ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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