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Showing 1361 - 1370 of 6910 results for "Economy"

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... required by law to report on the risks climate change could have on their members' investments, becoming the first major economy to do so. Speaking last week, the UK's work and pensions secretary Therese Coffey proposed legislation that would require ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... doing better relative to our peers. Comparing apples with apples (pun intended), the 6.3% contraction in the Australian economy in the year to the June quarter is small beer compared to the regression in national output in our bigger peers. Over the ...

Future Fund risk aversion not at historic levels

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
... before. "Now, more than ever, we are conscious of our obligation to avoid 'excessive risk'. The changes in the global economy and financial markets are momentous and we are positioned cautiously with risk levels just below neutral," Future Fund chief ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... been more than a generation since Australia experienced "the recession we had to have" back in 1990/91. The Australian economy withstood the US savings and loan crisis of the early 1990's, the Asian currency crisis/Russian debt default/Long-Term ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
The Australian economy fell 7% in the June quarter, spelling two consecutive quarters of economic contraction, officially marking the nation's first recession since 1991. The release of national accounts confirmed the Australian economy has experienced ...

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
... Arndt said: "Now, more than ever, we are conscious of our obligation to avoid 'excessive risk'. The changes in the global economy and financial markets are momentous and we are positioned cautiously with risk levels just below neutral." "For some time ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... workers' retirement savings by supporting long-term investments that generate good returns, create jobs and strengthen the economy," ISA added.

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... Australians." Wilson said he is interested in ensuring the nations large lenders have done all they can to support the economy during Australia's first recession since 1991. "We are also keen to hear about the consequences of mortgage and small and medium ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
... uncertainty arising from the COVID-19 pandemic. By taking these actions the bank is further supporting the Australian economy through this difficult period". The Australian central bank has gone further in September. While we're already aware of ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... fiscal and monetary authorities put "extent and duration of the pandemic" caveats on their forecasts - and the global economy is in recession. The A$/US$ exchange rate ended the month of August at US$0.7396 - the highest since late 2018, a 5.2% appreciation ...