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Showing 161 - 170 of 1373 results for "Recession"

Chief economist update: Europe, we have a problem

BENJAMIN ONG  |  THURSDAY, 29 OCT 2020
... would -- just as they have in the first wave - freeze economic activity that would almost certainly lead to a double-dip recession in Europe that, in turn, would make imperative increased government spending and monetary policy accommodation. The problem ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... index's 28.4% surged so far this year goes against all logic considering the state of the US economy which is in deep recession - GDP contracted at an annualised rate of 5.0% in the March 2020 quarter and a record 31.4% in the second quarter - and ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... September 2020 Economic Outlook Interim Report that, "All G20 countries with the exception of China will have suffered recession in 2020" and backed by the IMF's October 2020 "World Economic Outlook" predicting Chinese GDP growth of 1.9% this year ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... businesses are to draw on the accumulated financial buffers to spend and invest. "One of the many unique features of this recession is that it has been associated with a big increase in household saving," Lowe said. "Normally in a recession, income falls ...

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... two chief executives within its first two years of operation shows "something is very wrong". "We're in the first recession in 30 years and the deepest downturn since the 1930s," Jones said. "Access to quality advice for households and businesses ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... lockdown - re-imposed or otherwise - only dream of. China is one of the very few countries that have dodged the global recession - growing by 3.2% in the year to the June quarter after slumping by 6.8% in the previous one. With the pandemic behind it ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... said the government has failed Australians and that the budget presented by the Coalition will mean a deeper and longer recession. "This budget will rack up a trillion dollars of debt but still doesn't do enough to create jobs, fails to build for the ...

Pandemic proves value of advice: FPA

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... financial plan has never been more important due to the experience of the pandemic and now that Australia is officially in recession after 29 years," he said. "Those who are in receipt of professional financial advice are, well-guided and well-engaged ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... financially insecure," MetLife chief retail insurance officer Meray El-Khoury said. "We're potentially already in a recession and we may experience a severe economic downturn. So we anticipate that more people will be feeling mentally unhealthy." ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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Jason Huljich

JOINT CHIEF EXECUTIVE OFFICER
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A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
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