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Showing 1381 - 1390 of 6910 results for "Economy"

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... "and you feed him for a day" (these schemes have limited the negative impact of the coronavirus pandemic on the domestic economy). Borrow to create jobs "and you feed him for a lifetime". "In going forward, the challenge we face is to create jobs, and ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... different given the re-imposition of social restrictions and lockdown in Victoria - which accounts for around a quarter of the economy -- and the closure of state borders initiated in early August. Equally unsurprising, the return to contraction is due ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... superannuation industry and its investments in unlisted assets will be significant in supporting the growth of the Australian economy, according to the Association of Superannuation Funds of Australia (ASFA). ASFA's new report, The role of the superannuation ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... meeting, participants reaffirmed their commitment to using the Federal Reserve's full range of tools to support the U.S. economy during this challenging time..." "Participants also judged that, in order to continue to support the flow of credit to ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... COVID-19 pandemic is clear as activity fell and margins declined." King said while there have been some signs that the economy is performing better than early expectations, significant uncertainty remains. "We continue to offer deferral support where ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... "Under normal conditions investors would seek out the best investment opportunities. It's hard to do that when the economy is in recession with a possible depression just around the corner." VanEck director of investment Russel Chesler agrees, arguing ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... the government will need to consider whether or not to go ahead with the increase as the nation works at rebuilding the economy. "On the issue of the superannuation guarantee we're very aware of those issues and, you'd also be aware of the statements ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... travel, tourism, leisure and hospitality sectors are hardest hit, theseindustries have multiplier effects on the rest of the economy. Banking, insurance, farming (to name a few) and the personnel they employ would be affected. It then becomes a vicious ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... averaging around 1.5% over the next two years. Lowe said despite the negative effects of the COVID-19 pandemic the Australian economy is suffering the worst contraction in many decades. "We do not yet have the GDP data for the June quarter, but it will ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... shutdowns. While OPEC+ has adjusted (cut) the oil supply to maintain current prices, COVID-19's second bite at the global economy threatens to weaken demand even more. Planes, trains and automobiles - and cruise liners - are or would be put back ...