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Showing 171 - 180 of 421 results for %22Morrison%22

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... in the footsteps of the other central banks as it continues to face "supply disruptions and demand destruction". The Morrison government's response plan was announced last week, and then further tightened over the weekend; leading many Australians ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... bps earlier this month, taking the official cash rate to a new record low of 0.5% and is expected to cut some more. The Morrison government recently announced a A$17.6B ($11.4B) economic stimulus package. The US Federal Reserve cut the fed funds rate ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... said the payments will begin at the end of March and over 90% are expected to be made by mid-April. Prime Minister Scott Morrison said the government's stimulus package will ensure Australia is well placed to combat the health and economic issues ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... a result, as a government, we need to take the steps necessary to prepare for such a pandemic," Prime Minister Scott Morrison said. The Federal Government this morning announced a $17 billion stimulus package focused on wage subsidies for apprentices ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... another drop, particularly given that markets typically fall 30-40% during recessions." It comes as Prime Minister Scott Morrison told a crowd of business leaders at the AFR's Business Summit the economic impact of the coronavirus in Australia could ...

Government moves to cut work test

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... up with the changing nature of Australia's workplaces and those within them. "This draft legislation reflects the Morrison Government's ongoing commitment to ensuring all Australians have additional flexibility in how they save as they transition ...

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
Australian National University (ANU) has been selected by the Morrison government to analyse whether wages will be harmed if the superannuation guarantee is increased to 12%. Robb Preston, manager of Treasury's retirement income policy division, told ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... furnishings and household equipment; 0.5% increase in recreation and culture - also indicates that, delayed it may be, the Morrison government's 1 July tax rebates were spent. It would have been "gently" up, up and away for the Australian economy ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... aren't enough, governments have already implemented, or are preparing, fiscal responses. Except for Hawaii boy Scott Morrison. This from Factset: "Australia remains the holdout with Prime Minister Morrison again ruling out a fiscal response to the ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...