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Showing 171 - 180 of 239 results for "Welfare"

Damned to default

BENJAMIN ONG  |  TUESDAY, 13 SEP 2011
... revenues when you've sacked thousand of private servants, lowered wages for those who are left, reduced spending on social welfare, education, defense and investments, among others. Who's left to pay the higher VAT, the solidarity levy, the increased ...

REST Acumen attracts Global Fortune 500 company

ELISE BURGESS  |  THURSDAY, 25 AUG 2011
... Fortune 500 company and also specialises in chemical production across paper, food, and industrial and human and animal welfare products. REST Industry Super currently has 1.9 million members and has over $20 billion in funds under management.

A penny saved could spark a recession

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2011
... it. Slumping growth may even worsen the ratio. Slower growth causes less government revenue, increased joblessness, more welfare spending. Perhaps this will al be resolved, if governments save only half a penny and continue spending the other half. That ...

US ceiling raised but underlying reasons remain

ELISE BURGESS  |  FRIDAY, 5 AUG 2011
... Combining poorly paid demographics with the US obesity epidemic and ageing population is placing a massive strain on the welfare system, which last year paid $2 trillion on social security payments. "The US, like most developed countries, is at the start ...

China-Gillard tug o' war

BENJAMIN ONG  |  TUESDAY, 5 JUL 2011
... cent in the previous one. Faced with the prospect of higher interest rates, higher taxes, higher utility bills, reduced welfare spending, falling house prices and a confused Gillard government policy agenda, Australians are therefore increasing their ...

Advisers to decide opt in: AusFIN

ELISE BURGESS  |  TUESDAY, 7 JUN 2011
... has opened the door for discussions on how advisers can avoid it through their own actions, said network of consumer, welfare, union and industry super fund groups, AusFIN. Since the Future of Financial Advice (FOFA) proposals suggested an opt in process ...

Bear have no fur

BENJAMIN ONG  |  MONDAY, 23 MAY 2011
... savers and depend, along with every corporation that uses credit or relies on consumer spending, on government jobs and welfare more so than ever before. QE1 supported investment until it was finished. A sell off post-QE2 will be preempted by investors ...

US to avoid default, EM stocks to rise: Janus

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
... going to take it down to the wire," he said. "But they're not going to allow us to default." The Republicans want big welfare spending cuts before they will agree to raise the debt ceiling leaving Congress in deadlock. The deadline for agreement is August ...

C'mon, Aussie, c'mon

BENJAMIN ONG  |  TUESDAY, 29 MAR 2011
... raise interest rates willy-nilly because of its repercussions to an economy that is already reeling from severe cuts in welfare and higher taxes. Speculation that the European Central Bank will raise interest rates as early as next month maybe just that... ...

Tightrope walker

BENJAMIN ONG  |  WEDNESDAY, 23 MAR 2011
... inflation reduces disposable income (at a time when the government has raised their income taxes, lifted VAT and reduced welfare spending.) To say that the current UK predicament has the BOE walking on a tightrope is an understatement. Its decision could ...