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Showing 111 - 120 of 295 results for "Tax cuts"

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
... is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure on infrastructure - at the same time that the US economy is growing at or near potential. Contrary ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... when measured against the headline CPI and 0.4% (from 0.5%) less the core CPI measure. The good news is that Trump's tax cuts could help ease the decline in real wages. The bad news, an escalation of Trump's war on trade goods sends consumer ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... when measured against the headline CPI and 0.4% (from 0.5%) less the core CPI measure. The good news is that Trump's tax cuts could help ease the decline in real wages. The bad news, an escalation of Trump's war on trade goods sends consumer ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... There's the risk from Trump's protectionist policy and then there's the risk that the expansionary fiscal policy - tax cuts and infrastructure spending - won't be sustainable. "Most participants noted that uncertainty and risks associated ...

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
... December. Household consumption is the biggest component of the economy, accounting for around 60% of GDP. The Budget tax cuts should help alleviate weak household finances and perhaps, stir stronger consumption (if not used to pay off high household ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... that the survey was taken before the announcement of the Federal Budget 2018/19 which proposed to extend the company tax cuts to all businesses, among other incentives. The promised tax cuts on individual personal income should also help raise company ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... remain stuck in the slow lane until the September quarter of this year. The government's (and Labor's) proposed tax cuts should help mitigate the weakness in household consumption as a result of the continued weakness in wages. Then again, given ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... has to grow by 0.18% in the June quarter (1.68% year-on-year) to match the Budget 2018/19 forecast of 2.25% growth. The tax cuts embedded in the Budget should also provide some tailwind behind household consumption and so too would the RBA's accommodative ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... be beneficial for Australia. Domestically, both the Coalition government and the opposition Labor Party have promised tax cuts for us, Australians, all. Aside from the fact that no one in their right mind would complain about the government reducing ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... that aside from the Labor Party (I think the Greens too), most saw the Budget and liked what they see. Why wouldn't we? Tax cuts for businesses and the employed and increased welfare payments for those who aren't, childcare for parents, health for the ...