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Showing 1371 - 1380 of 1883 results for "GDP"

Super acting like a SWF: Treasury

ALEX DUNNIN  |  MONDAY, 4 JUL 2011
... Superannuation in Australia is acting like a sovereign wealth fund and is on track to boost savings each year by three per cent of GDP. In a major speech last week on Compulsory Superannuation and National Saving, Treasury researchers David Gruen and ...

The sound of QE3

BENJAMIN ONG  |  THURSDAY, 23 JUN 2011
... country's economic growth and predicted that there'd be more of his countrymen joining the jobless ranks. The Fed now thinks real GDP would grow between 2.7 per cent and 2.9 per cent this year - down from its April estimate of 3.1 per cent and 3.3 per ...

European authorities will blink

BENJAMIN ONG  |  TUESDAY, 21 JUN 2011
... The Maastricht criteria mandated that Eurozone member countries must not have a public deficit greater than 3 per cent of GDP and debt of more than 60 per cent of GDP. In its eagerness to expand it allowed Greece entry in 2001 despite dubious public ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
... almost have to say there's no way out." How did this come about? Greece was admitted to the Eurozone on 1 January 2001. GDP growth: 3.3 per cent Unemployment rate: 10.7 per cent Budget deficit as a percentage of GDP: minus3.7 per cent (close to the ...

The seventh week

BENJAMIN ONG  |  TUESDAY, 14 JUN 2011
... fiscal tightening - higher taxes and less spending. Higher borrowing costs equal bigger debt. Less fiscal spending equals lower GDP. Now wouldn't these raise the debt-to-GDP ratio? The exact opposite of what everybody - especially those who still hold ...

The seventh day

BENJAMIN ONG  |  FRIDAY, 10 JUN 2011
... trip round the world and look at the news reports that littered cyberspace over the past 24 hours: Japan first quarter real GDP growth was revised to show the economy contracting at an annualised rated of 3.5 per cent, less than the preliminary reading ...

U-G-L-Y

BENJAMIN ONG  |  MONDAY, 6 JUN 2011
... hammered the US Midwest and the South in May. That may do. The UK did when it reported a disappointing first quarter real GDP report. So did Japan and Australia. Sorry bro' no can do this too. It wouldn't wash because the commissioner of the Bureau of ...

All good but for the dollar A

BENJAMIN ONG  |  THURSDAY, 2 JUN 2011
The global community was not in the least perturbed by the release of Australia's National Accounts that showed real GDP fell by 1.2 per cent in the March quarter. Not even the fact that the economic slump in the first three months of 2011 was bigger ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 JUN 2011
... biggest single-quarter hit to growth from trade in the 52-year history of national accounts data. Gross domestic product (GDP) figures are released on Wednesday. GFT Forex director of currency research, Kathy Lien, said the Australian dollar had a poor ...

GDP down no reason to frown

BENJAMIN ONG  |  TUESDAY, 31 MAY 2011
... Statistics' (ABS) report on the National Accounts at 1130 tomorrow. Consensus expectations centre around a 0.3 per cent dip in real GDP in the first three months of this year - down from plus 0.7 per cent in the December quarter - for a year-on-year ...