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Showing 1581 - 1590 of 6910 results for "Economy"

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... of the GST, microeconomic reform," Costello said. "He was a source of great strength and he believed in freeing up the economy." Evans was made a Companion of the Order of Australia (AC) in 1999 in recognition of his service to Australian economic policy ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... assets are hoping for. Flattening of the curve is a necessary, but not sufficient, condition for stabilising the global economy." Continued reinfections will see economic damage be dragged out, Lafferty said. "The staggered nature of containment, along ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
... "Destroying the major income stream of thousands of Australians, many of whom are retirees, will put further strain on the economy, which we believe will fall into a deep recession in the June quarter of 2020," he said. The investment manager said the ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... funds manager has slammed changes to the foreign investment review framework, arguing they will damage the Australian economy and its managed funds businesses. Atlas Advisors Australia said the new temporary FIRB rules would curb the managed funds industry's ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... pandemic, the board will conduct monetary policy in an accommodative manner in order to mitigate downside risks to the economy and ease volatility in financial markets. In this process it will judge whether to adjust the degree of monetary policy accommodation ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... currently," S&P said. "The COVID-19 outbreak has dealt Australia a severe economic and fiscal shock." "We expect the Australian economy to plunge into recession for the first time in almost 30 years, causing a substantial deterioration of the government's ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The economic impact of the COVID-19 pandemic is the biggest shock to the Australian economy since World War II, according to Roy Morgan. New analysis from the research house confirms Australia is facing the biggest single hit to its economy and workforce ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
... could cost us our AAA sovereign rating)," he said. He argues a V-shaped economic recovery is difficult to envision. "Any economy will rebound when the lights go back on and restrictions are lifted, but no recovery will gain momentum until the pandemic ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... claims it updated its PDS in preparation for mass redemptions. As part of the Australian government's plan to keep the economy afloat during the COVID-19 pandemic, those who are having a hard time financially as a result of the crisis will be able to ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... companies to reduce shifts for workers who cannot work online. This would put further downward pressure on the domestic economy which had already been slowing significantly even before Abe's declaration of a state of emergency, underscored by the ...