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Showing 111 - 120 of 391 results for "OECD"

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 ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... Coronavirus: the world economy at risk" report (published 2 March 2020), the Organisation for Economic Development and Cooperation (OECD) slashed its 2020 Australian growth forecast by 0.5% to 1.8%. Needless to say, this is due to Australia's outsized ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
It was just a matter of time. With almost every person on this planet talking about the "C" word - coronavirus or COVID-19, that is - under their face masks, it's hardly surprising that fiscal and monetary authorities are now fashioning their own ...

Tax chiefs crack down on tax evasion

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... a global financial institution. The Joint Chiefs of Global Tax Enforcement (J5) was formed in 2018 after a call from the OECD Taskforce on Tax Crime. The J5 includes the Australian Taxation Office (ATO), Her Majesty's Revenue and Customs (HMRC) from ...