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Showing 1261 - 1270 of 6910 results for "Economy"

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After contracting by 6.8% in the year to the ...

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
... solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the economy is recovering better than initially expected, the RBA is limited in the tools it has at its disposal to spur economic activity. ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... of negative GDP growth - Australia is technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded by 3.3% in the September quarter, recovering nearly half of the 7.0% lost output in the three months to June. Team ...

Climate change-focused fund introduced

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020
... Aviva Investors has launched a climate-change related fund that tilts towards companies transitioning to a low carbon economy. The Aviva Investors Climate Transition Global Equity Fund is benchmarked to outperform the MSCI All Countries World Index by ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... global backdrop. This is because an all-out trade war with China will make the RBA's task of getting the domestic economy back on track more challenging. This is because China is Australia's biggest export market. Australian Department of Foreign ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... subsequent top ups. "With innovative technologies, including AI, forecast to be worth AU$315 billion to the Australian economy by 2028 and AU$22.2 trillion to the global economy by 2030, AI represents a significant new opportunity to enhance economies ...

HESTA partners with Australian Unity

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
... Debby Blakey said. "As patient, long-term investors we see an exciting opportunity to invest in the fast-growing 'care' economy that can generate strong returns for HESTA members while helping to create growth and jobs in the industries where they work. ...

Finance sector has largest pay gap

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... corrupt that the finance industry, with their very deep pockets keeps winning the prize for the largest gender pay gap. Our economy can't wait until 2050 for the pay gap to close, we need employers to step up and do the right thing for their workers ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... the US equity market would rally to new heights amid the nightmare of the coronavirus pandemic that, in turn sent the US economy collapsing at an annualised rate of 32.9% in the June 2020 quarter - the sharpest contraction on record - that followed a ...

Advice for all could add $630bn to economy

JAMIE WILLIAMSON  |  WEDNESDAY, 25 NOV 2020
If all Australians were to receive financial advice and properly implement that advice, the economy would grow by $630 billion a year while Age Pension spending would go down by more than 20%, new research shows. Those are the key findings of a study ...