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Showing 151 - 160 of 1373 results for "recession"

Hume promoted to cabinet

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... areas of our job-making economic plan for Australia and has become even more evident as we emerge from the COVID-19 recession." Hume was first appointed as assistant minister in 2019 following the election. She previously held positions at NAB, Rothschild ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
... opportunity. Makes you want to be believe those conspiracy theories, hey? Not only has China evaded the virus-induced global recession, latest international trade data reveal that it's turned this to its advantage. Strong demand for personal protective ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After contracting by 6.8% in the year to the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... Australia has done it! There are still some naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of Statistics ...

Finance sector has largest pay gap

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... According to the Finance Sector Union (FSU), COVID-19 has had a disproportionate event effect on women, causing a "pink recession". "Closing the pay gap is not difficult. It is a matter of having the will, establishing priorities, and making a plan," ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... lifting of restrictions on social interaction and business activity has prevented the economy from succumbing to the recession that has struck most nations around the world. Chinese GDP grew by 3.2% in the year to the June quarter after contracting by ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Challenger's Fidante Partners has signed on a private equity manager focused on food and agribusiness. Fidante will market Minneapolis-headquartered Proterra Investment Partners' Asia Food Strategy to European investors. Proterra has $4.4 billion in ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... swift, decisive and draconian measures to control the coronavirus outbreak has 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 ...

Climate change greater threat than COVID: Report

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... said. "This tells us that there isn't a 'no cost' option. So if we could take action today to prevent the next great recession from climate change, why wouldn't we?" The report noted that policies aimed at strengthening economic growth can support low-emission ...