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Showing 181 - 190 of 436 results for "Morrison"

Ontario Teachers' takes stake in Sydney desal plant

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
The $201 billion Ontario Teachers' Pension Plan along with Morrison & Co, on behalf of the Utilities Trust of Australia have acquired The Infrastructure Fund's ownership stake in the Sydney Desalination Plant. Following the transaction, Ontario Teachers' ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
A University of Melbourne finance professor and Super Consumer Australia director has proposed an alternative solution to soften the blow of COVID-19, one reliant on borrowing funds from the Reserve Bank of Australia rather than superannuation funds. ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... 3 and March 19 - the official cash rate is now at 0.25% -- as well as bond yield targeting and QE, are matched by the Morrison government's increased spending. According to news.com.au : "Parliament passed two packages worth $17.6 billion and $66 ...

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... higher than historic withdrawals, but a better option than freezing the superannuation guarantee. Prime Minister Scott Morrison yesterday announced Australians will be able to withdraw up to $10,000 from their superannuation for the next two financial ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
As Prime Minister Scott Morrison updated Australians about the measures being taken at home to stop the spread of COVID-19, other nations around the world have announced their stimulus packages to cushion the economic burden. The largest, unsurprisingly ...

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 ...