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Showing 121 - 130 of 911 results for "Deficit"

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... so-called "orange zones", except for work or emergencies." Overtourism solved! Then there's that bugbear of a budget deficit the new populist Italian government argued with the European Union about a little over a year ago. Brussels was worried that ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... a changing climate were broadly understood. However, it said the survey highlighted a need to address the climate data deficit to accurately assess and appropriately price climate change risks. "This needs to ultimately be tackled through scenario analysis ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... prediction around. "Ironically, Beijing's foot is already on the accelerator," Green said. "The official government deficit is around 3-4% of GDP, that's the numbers the government reports." However, he pointed to infrastructure development debt ...

The growing risk to financial advisers

ALLY SELBY  |  THURSDAY, 23 JAN 2020
Financial advisers must act to repair the trust deficit or risk being superseded by superannuation funds. That's according to advisory and accounting firm HLB Mann Judd's Michael Hutton, who warned of the threat the changes could have to financial ...

Chief economist update: Missing the burning forests for the surplus tree

BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
... in boosting economic growth long before the fires. The problem is that the reduced surplus (or another year of budget deficit) comes at a mammoth cost to lives, families, properties, wildlife and nature. "The surplus is of no focus for me whatsoever. ...

Chief economist update: Australia burns

BENJAMIN ONG  |  MONDAY, 6 JAN 2020
... of the inferno could require increased government spending, ergo, threatening to tip the expected budget surplus into deficit. It's still early to estimate the funding required for fire ravaged communities but a tick on the budget surplus is hardly ...

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
... nation, including issues of adequacy. Even Americans - who have a full career of eligibility in a 401k plan - will face a deficit in the amount of money they have to spend in retirement, she said. "And that's because unlike you, we don't have a mandatory ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... current account to be +0.1% of GDP this year and its budget balance also +0.1% of GDP. This compares with a current account deficit of 2.4% of GDP and a budget deficit of 4.6% of GDP for America. Another factor that determines relative exchange rates ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
... RBA is already doing what it could. It's time for the government to do the fiscally-responsible thing - engage in deficit spending. With its AAA-rating and interest rates at record lows, the government needs to heed its own advice to businesses and ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... Australian Treasurer Frydenberg and Finance Minister Cormann with big smiles on their faces as they announced an A$690 million deficit - roughly 0% of GDP, roughly a balanced budget. But at what price? As I've ranted back in late August : "The classic ...