Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1481 - 1490 of 6910 results for "Economy"

Government urged to extend stimulus

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... urged the Australian government to extend stimulus measures and warned that a second wave of infections could derail our economy. In its latest economic outlook report pointed out that while economic activity collapsed in the second quarter of 2020 due ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... purchases, which is around US$80 billion per month. As part of a commitment "to using its full range of tools to support the US economy in this challenging time" Fed chair Jerome Powell indicated the central bank would continue to review the asset purchase ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... waged by "wreakers" in the government's ranks. "By storm or by stealth the objective is to destroy that part of our economy which has done so much to see us through the worst of the crisis and is critical to building our future," Jones says. "Make ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... increasing number of Australia's superannuation funds are going to achieve a scale over the coming years unprecedented in our economy, positioning a number of these funds as some of the largest globally. "With this growth comes significant implications ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
When the going gets tough... the European Central Bank (ECB) gets more policy provision going. At its June 4 Governing Council meeting, the central bank raised the size of its Pandemic Emergency Purchase Program (PEPP) by €600 billion to a total of ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
... have also played their part, chipping in a 7% return. "These results mean that despite the impact of the CFC on the real economy, its impact on returns of diversified default super funds is relatively subdued," Rainmaker said. "The MySuper index has ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... operations and call centres to assist with superannuation processing, including hiring staff from impacted areas of the economy, such as local sports clubs and domestic airlines." The APRA data shows a number of non-retail funds not named by Leigh also ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... after the Australian Bureau of Statistics (ABS) released its March quarter 2020 National Accounts report that showed the economy contracted by 0.3% in the first three months of the year. But unlike in 2000, 2008 and 2011, when Australia dodged a recession ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... "[The data] captures just the beginning of the expected economic effects of COVID-19," Hockman said. The ABS said the economy was impacted by a number of significant events this quarter, starting with bushfires and other natural disasters, followed by ...