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Showing 161 - 170 of 1515 results for "Fiscal"

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
... 10.4%. APRA said these figures reflect strong investment performance and positive contributions growth due to COVID-19 fiscal stimulus. However, the regulator noted that the March 2022 quarter reflects contributions beginning to revert to long-term trends ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
... its results, the Macquarie Group board also announced an ordinary dividend of $A3.5 per share (40% franked) for the 2022 fiscal year. This is up on the 2021 final ordinary dividend of $A3.55 per share. However, Macquarie's dividend policy has stayed ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... of the pandemic." Though Lowe added: "The economy has been much more resilient than was expected." "The combination of fiscal and monetary support has worked and the development of vaccines in record time has allowed our society to return to more normal ...

Recession-style policy but no recession: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... situation. Speaking at the Financial Standard Chief Economist Forum in Sydney today, Wood said the Morrison government's fiscal policy strategy is very unusual. "The government is going to be putting about $13.4 billion into people's pockets ...

Floods, fires, plagues catered to in Budget

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... recovery. In the statement of risks to the budget, natural disasters were highlighted as events that could affect projected fiscal outcomes. Disaster recover efforts were noted as a contingent, unquantifiable liability for the Department of Prime Minister ...

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... government's agenda - with popularity possibly trumping the effectiveness of policies. In December's mid-year economic and fiscal outlook, the government allocated $16 billion to "decisions taken but not yet announced and not for publication". While ...

Morningstar bets on active fund managers

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... underlying net profit after tax to decline just 9% per year over the next three years to $315 million from $413 million in fiscal 2021. FUM is anticipated to grow to $99 billion by 2026, driven by market returns averaging 15% per year. The market, Morningstar ...

Chief economist: Thank you, Putin

BENJAMIN ONG  |  THURSDAY, 24 FEB 2022
... investors. But if we all stand back and consider the broader scheme of things, it is the actual/expected/planned withdrawal of fiscal and monetary policy stimulus measures that are creating the current correction in equity and bond markets. Central banks ...

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... 2021, which marked a 32-year high. "Australia's state and territory economies are in solid shape, well supported by strong fiscal and monetary stimulus. Unemployment rates are historically-low across much of the nation," James said. "Labour is in short ...

Inflation to retreat in 2022: Fund manager

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... portfolio specialist Laurence Taylor forecasts that inflation will peak but will also fade in the same year. The combination of fiscal stimulus and an outpouring of consumption have exacerbated the supply chain issues will help drive higher inflation ...