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Showing 1261 - 1270 of 9301 results for "Economics"

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
Uh-oh...we might be getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
Apart from underwriting improved growth in the Japanese economy, the yen's depreciation should help in the Bank of Japan's (BOJ) efforts to bring inflation up to its 2% target. Look ma, no hands! "Merkurisumasu, soshite, akemashite omedet?!" ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... exchange rate appreciates or depreciates), among a myriad of other factors. As I've ranted many, many times before, economics is not an exact science because it is dynamic and doesn't operate in a vacuum. With the Fed on pause - and current expectations ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... RBA's forecast of 2.3% in 2019 and 2.6% next year. I don't want to quibble over the exact point estimates - economics, after all, is an inexact science because of the thousand and more factors that go into producing a single GDP growth number. ...

AMP transfers 25% of accounts to ATO

ELIZA BAVIN  |  MONDAY, 25 NOV 2019
... and we felt the right approach was to transfer them to the ATO." The House of Representatives Standing Committee on Economics has been grilling superannuation funds over the practice of transferring "zombie accounts" to rollover fund AUSfund. "Personally ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
The US-China trade deal/no trade deal seesaw continues to drive the markets' daily ups and downs. But behind these day-to-day swings is the rise and rise on Wall Street - to new record highs. To be sure, the third quarter reporting season was nothing ...

QSuper, Sunsuper not committed to merger

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... Sunsuper may not result in a traditional merger. Appearing before the House of Representatives Standing Committee on Economics on Thursday, QSuper chief executive Michael Pennisi fielded questions from Committee chair and Liberal MP Tim Wilson over the ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Facing a grilling at the House of Representatives Standing Committee on Economics today, IOOF chief executive Renato Mota said the firm's former complex organisational structure was responsible for additional risk. Asked by Labor MP Daniel Mulino ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... according to AustralianSuper chief executive Ian Silk. Appearing before the House of Representatives Standing Committee on Economics this morning, Silk told the inquiry that the biggest issue facing the super sector at the moment is persistent underperformance. ...