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Showing 1211 - 1220 of 6910 results for "Economy"

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
It's beginning to look a lot like the Eurozone economy wouldn't be able to dodge a double-dip recession given tighter and/or extended coronavirus restrictions and lockdowns remain in place in many of its member countries. Eurozone GDP fell into ...

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... Exchange (SFE) before that, and I am proud of what ASX has achieved and the vital role it plays at the heart of Australia's economy," he said. Damian Roche has been on the board since 2014 and prior to that spent over 20 years' in global investment banks ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... category for the Superannuation Guarantee to ensure fairness in retirement for those who are self-employed or in the gig economy. Further to this, ASFA proposed that with the introduction of Single Touch Payroll, there is no reason why superannuation ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... the Diet - Japan's Parliament - enacted laws introducing fines for non-compliance. This disconnect between the real economy and stockmarket pricing has led to growing criticism that the Bank of Japan (BOJ) is distorting market pricing. Forget Gamestop ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... coronavirus relief package against Summers' concern over the risk of an inflation outbreak. He says: Summer's admit that the economy still needs support but that Biden's proposal is excessive. "There is a chance that macroeconomic stimulus on a scale ...

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

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... 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 increase and followed the distribution ...

APRA commends super funds on tough year

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... the challenge, both financially and operationally, and have continued to fulfil their critical roles in society and the economy," Byres said. "This positive outcome reflects a long period of investment in financial and operational resilience, founded ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... over 2021, inflation rises towards the target." However, the Monetary Policy Report stressed that, "The outlook for the economy remained unusually uncertain. It depended on the evolution of the pandemic and measures taken to protect public health, as ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...

Your Future, Your Super on APRA to-do list

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
... regulator and its main priority is to maintain a financial system that is resilient and able to support the Australian economy. "Given the continued uncertainty generated by COVID-19, APRA's proposed policy and supervision agenda for the coming period ...