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Showing 1321 - 1330 of 6910 results for "Economy"

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury is unleashing onto the economy. Treasury said this huge cash splash seeks "to responsibly deal with the greatest challenge of our time" and "rebuild our ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... providing a boost to household and corporate spending. "If a vaccine is also made widely available by early next year, the economy would be set up to truly boom in 2021 - raising the prospect of interest rates increases, rather than further cuts," Bassanese ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... raft of tax relief measures for individuals and businesses in the 2020/21 budget in an effort to boost consumption in the economy and support business investment. Over 99% of businesses will be able to write off the full value of any eligible depreciable ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... plan for social housing, cheaper and cleaner energy, or to address the crisis in aged care. No plan to kick-start the economy, boost productivity, increase participation, or lift the speed limit on growth." Chalmers said while the average Australian ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... billion will help rebuild the nation's ageing infrastructure and ultimately create more jobs to stabilise the flailing economy, according to the Treasurer. Federal Treasurer Josh Frydenberg is hoping the infrastructure spent on roads, rail and bridges ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... unemployment to peak at around 8% in the December quarter of this year, before falling over the next few years as the economy recovers. Without support like the JobKeeper program, the government forecasted that unemployment would be between 11% and 13%. ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... with the greatest challenge of our time," Frydenberg said. "By comparison, Australia's net debt as a share of the economy will peak at half of that in the United Kingdom, around a third of that in the United States and around a quarter of that in ...

NAB recruits 500 in hiring spree

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... Bank has hired 500 new employees to its private and business banking division, in a bid to get the "engine room of the economy firing again". It comes following the recruitment of 52 people to support NAB's private bank and 400 recruits hired to support ...

ERS extension flagged, criticised

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... Australians towards poverty in retirement. "Workers should no longer be asked to sacrifice their future to prop up the economy now, there are other levers the government can pull to stimulate spending and get funds to people who need it." This comes ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... end of January, as the government tries to avoid the surge in cases seen in other European countries." The impact on the economy has already been captured in the latest IHS Markit Eurozone PMI survey. The composite index dropped back to a three-month ...

Editor's Choice

Blackwattle takes over Quest Asset Partners

KARREN VERGARA
Blackwattle Investment Partners has swallowed up Australian equities manager Quest Asset Partners for an undisclosed sum.

Funds SA poaches Vision Super risk specialist

MATTHEW WAI
Funds SA will welcome a Vision Super executive to replace executive director, governance and strategy Tony Burrill, as he prepares for retirement following a seven-year tenure at the company.

Regal flags muted second-half performance fees

VINNY VUCAGO
Regal Partners expects to recognise at least $122.7 million in fund performance fee revenue for calendar 2026, with market volatility and weaker investment performance limiting the prospect of further material fees in the second half.

Insignia chief draws 'hard line' on NCAs giving retirement advice

RIDDHIMA TALWANI
Insignia Financial chief executive Scott Hartley said he draws a hard line when it come to the new class of advisers (NCAs) giving retirement advice.

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Fiona Macgregor has risen through the ranks at TAL, taking the top job in 2024, but her life was touched by the insurance sector long before her tenure with the life insurer began. Eliza Bavin writes.
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