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Showing 131 - 140 of 662 results for "expenditure"

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
All talk and still no taper (yet). Along with the declaration of "mission accomplished" in the planet's war against the COVID-19 pandemic, the Fed's annual Kansas City Fed's Jackson Hole symposium is the most widely anticipated event of ...

ASX posts mixed results

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... costs associated with issuer activity. "In FY22, we expect expense growth to moderate to between five and 7%. Capital expenditure was $109.8 million, reflecting the expanded CHESS replacement project and ASX's ongoing commitment to strengthen our ...

Super tax concessions to outstrip Age Pension by 2040: Report

KANIKA SOOD  |  MONDAY, 28 JUN 2021
... Service Pension spending will come down from 2.7% to 2.1% of the GDP in 2060. "The total projected cost of Age Pension expenditure and superannuation tax concessions together is expected to increase from 4.5% of GDP in 2020-21 to 5% of GDP in 2060-61," ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
Inflation? What inflation? We need inflation. While many, if not most, of its central bank peers - led by the Fed -- are pushing back against inflation concerns, the Bank of Japan (BOJ) cannot seem to drive growth in the country's consumer prices ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... report reveals that they have already done so in the March 2021 quarter. Here are the key stats: Total new capital expenditure rose by 6.3% Buildings and structures rose by 3.8% Equipment, plant and machinery rose by 9.1% Estimate 2 for 2021-22 is $113,635m. ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
US Federal Reserve Bank of St. Louis president James Bullard's recent virtual presentation provided a timely venue for the Fed to push back on inflation fears that drove equity markets down a day before. The Federal Reserve Bank of St. Louis' ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... etc. overall, a deeper and lengthier recession that'll eventually come full circle in terms of higher government expenditure with the added cost of entrenched unemployment and scarred confidence among consumers and businesses. Because of these, the ...

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... skills cadetship trial which combines workplace and vocational training." But the budget's additional infrastructure expenditure, equating to just $1.5 billion per year, should be contrasted with the $64 billion that was spent across Australia last year ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... boost to address problems raised in the Royal Commission and prepare for the coming wave of aging retirees. Aged care expenditure will increase 7% during 2021-22 to $24.3 billion and by 37% over the next four years to $31.2 billion, making it one of ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... create deeper analysis in the APRA heatmaps as well as performance benchmarking. "More granular information on fund expenditure, including marketing and sponsorships, will provide greater transparency on how trustees spend their members' money," she ...