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Showing 181 - 190 of 684 results for "Economic Activity"

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
... the effects of that COVID-19 and the measures being implemented by federal and state governments are having on economic activity," GPT chief executive officer Bob Johnston said. The revisions in managed funds across real assets come after superannuation ...

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
... production and offering discounts to its oil customers instead. The drop in oil prices should be a balm for global economic activity reeling from coronaphobia. Cheaper oil prices raises household disposable income and lowers costs of running factories ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... attractive to foreign eyes. Not this time though. The coronavirus health emergency that's virtually frozen most economic activity around the planet showed us the limits of currency depreciation. A cheaper currency cannot gain the upper hand against ...

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
... isolation could see the country take a 12% hit. "It's hard to imagine that there would be no further hit to economic activity, beyond these direct measures," Coates said. "[But] firms shutting down will have flow on impacts on their suppliers, while ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... latest purchasing managers' survey from the National Bureau of Statistics(NBS) provides an early indication that economic activity there has returned to expansion. The official manufacturing PMI surged to a reading of 52.0 in March from a record low ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... rents, mortgages, business costs, wages, etc. Sure, this would limit the downdraft from the virtual freezing in economic activity, but it'll be impotent in lifting household spending. Especially when consumers are "ordered" to stay indoors or they ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... 'coronavirus crash', if you call it that, is a bit different because coronavirus threatens a big disruption to economic activity which is clearly very hard for investors to price in how deep and long the recession will be," Oliver said. "But ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... key. As US Fed chair Jerome Powell declared: "If we get the virus spread under control fairly quickly, then economic activity can resume... The virus is going to dictate the timetable here." And if I may add, the coronavirus will dictate the depth of ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... restricting movements within countries and within cities," Lowe said. "The result has been major disruptions to economic activity across the world. This is likely to remain the case for some time yet as efforts continue to contain the virus." The bank ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... time, the optimism will last. Perhaps... perhaps... perhaps. They better work given the deterioration in US economic activity. IHS/Markit's flash US composite PMI dropped to a fresh low of 40.5 in March (from 49.6 in the previous month) as manufacturing ...