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Showing 141 - 150 of 851 results for "Global financial crisis"

Top picks for dividends during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
UBS says the dividend dip in Australian stocks in the next year could be worse than the Global Financial Crisis, but six stocks are poised to pay good dividends. In 2008, dividends fell by $10.5 billion (or 28%) to $44.9 billion. But this time, dividends ...

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... value in less than a month. For comparison, the tech wreck of 2001 saw a 44% drop over four years and the Global Financial Crisis of 2008 resulted in a 40% drop in six months. The speed at which the impact of COVID-19 and governments' reactions to the ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... "This makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis." Gopinath said if the pandemic fades in the second half of 2020 and policy actions taken around the world are effective the ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... economy will experience its worst recession since the Great Depression, surpassing that seen during the global financial crisis a decade ago. The Great Lockdown, as one might call it, is projected to shrink global growth dramatically." This is how the ...

ISA warns Aussies off locking in losses

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
... locks in any losses they suffered through the volatility. "At the last major market decline - during the Global Financial Crisis - savers who moved their money from an average balanced industry fund into cash were $4000 worse off after three months ...

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... Westpac from 2001 until his retirement in 2011, including four years as chair, seeing the bank through the Global Financial Crisis. Prime Minister Scott Morrison paid tribute to Evans, calling him one of Australia's great public servants. "Ted has left ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... Australia's businesses from being acquired at the cheap by foreign investors, which occurred during the Global Financial Crisis more than a decade ago. At the time, Frydenberg denied that the move was directed at China. Atlas Advisors Australia executive ...

Asset values could drop to 2017 levels: MSCI

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... unlisted property portfolios could imply a "relatively modest" increase in velds when compares to the global financial crisis or the early 1990s recession if asset values return to levels last seen in late 2017. Speaking to Financial Standard, Reid said ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... of years," S&P said. Australia was one of the few countries that maintained its AAA rating during the Global Financial Crisis.

Super should shape up on unlisted valuations: WTW

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... devalue unlisted assets is nothing new; investors had to consider whether to devalue these assets during the Global Financial Crisis. "But what may surprise some is that there is very little consistency in the way Australian super funds and other unlisted ...