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

Search Results

Showing 141 - 150 of 1373 results for "recession"

SG rise a bad idea: Chartered Accountants

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... guarantee should not rise from 9.5% to 12%. "Since the last election, there has been a global pandemic, the first Australian recession in 29 years, our highest unemployment in 20 years, record stagnancy in wage growth, and the world falling apart at ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
It's beginning to look a lot like the Eurozone economy wouldn't be able to dodge a double-dip recession given tighter and/or extended coronavirus restrictions and lockdowns remain in place in many of its member countries. Eurozone GDP fell into ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... proposal is excessive. "There is a chance that macroeconomic stimulus on a scale closer to World War II levels than normal recession levels will set off inflationary pressures of a kind we have not seen in a generation. I worry that containing an inflationary ...

Evergreen launches stress testing tool

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... re-simulations of the global financial crisis, the Euro-debt crisis, the US credit rating downgrade, oil shocks and US recession, rising global interest rates, trade conflict and the COVID-19 pandemic. "The tool assesses how today's portfolios would ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... that'll matter. And oh, valuation too. The fundamentals are good. The US economy is advancing and rising from the recession borne of the COVID-19 pandemic. The US Federal Reserve and now the Biden administration's, actions and pledges to underwrite ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... across the fortnight to 2 January 2021 and were 6.1% below mid-March 2020. This is a positive move in the country's recession rebound caused by lockdown measures imposed to limit the spread of COVID-19. The Reserve Bank of Australia (RBA) has long said ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
... longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth in total ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... swift, decisive and draconian measures to control the coronavirus outbreak have prevented the economy from suffering a recession that most other economies did or are still under. After contracting by 6.8% in the year to the March 2020 quarter, China's ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... certainty that we will be able to lift restrictions in the week commencing February 15 to 22." This risks of another recession in the UK so soon after the economy's 16.0% recovery in the September quarter, following GDP contractions of 3.0% in the ...

MTAA Super awards scholarships

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... of COVID-19. "Like many industries, Australia's auto industry has been seriously impacted by the pandemic and the recession. Many workers have had hours cut or lost access to important educational opportunities. This adds a lot of pressure to businesses ...