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Showing 121 - 130 of 689 results for "Economic Activity"

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... "Australians will have more of their own money to spend on what matters to them, generating billions of dollars of economic activity and creating 50,000 new jobs," Frydenberg said. Furthermore, the low and middle income tax offset has been retained for ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... taxpayers will also benefit from a tax cut backdated to July 1 of this year in a bid to increase spending and boost economic activity. The government will bring forward its legislated tax cuts by two years, lifting the 19% threshold from $37,000 to $45,000 ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... halved to a record low 0.2% from 0.4%. The re-imposition of restrictions - targeted they may be - would limit economic activity, put downward pressure on inflation and necessitate more fiscal and monetary stimulus measures.

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... declined from around 30% in the late 1950s/early 1960s to just 5.6% by the end of 2019 - before the pandemic froze economic activity. Consequentially, manufacturing jobs as a share of total employment has also fallen to around 7.1% this year from 16.7% ...

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... slowly, reflecting a smaller wages bill, corporate taxes will also grow more slowly, reflecting lower profits and economic activity and, consistent with previous downturns, corporate tax receipts will recover more slowly than the broader economy. "This ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term". Added ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... Australian economy had been going through a very difficult period and was experiencing the biggest shock to economic activity since the 1930s. Nevertheless, members noted that the downturn had not been as severe as earlier expected and a recovery was ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... improvise. So much so that while the number of cases of infection and deaths continue to increase worldwide, global economic activity has thawed from the deep freeze that plague almost the entire planet earlier this year. This is underscored by the continuing ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... this year. According to the BLS: "These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it." This is backed by the continued ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... monetary and fiscal stimulus measures) -- like in most other nations around the world - sparked a recovery in economic activity, underscored by the rebound in the IHS/CIPS purchasing managers indices (PMI). The composite PMI continues to strengthen ...

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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