Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 3122 results for "Crisis"

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... geopolitical tensions and the risk of global financial systems collapsing. "Outside of the pandemic and the Global Financial Crisis, the next two years are expected to be the weakest for global growth in over two decades. This will affect us here in ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... costing about $2.7 billion over five years in order alleviate cost-of-living pressures. To ease the housing affordability crisis, Labor will increase the National Housing Finance and Investment Corporation's liability cap by $2 billion to $7.5 billion ...

LongView launches shared equity fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
LongView has launched a new fund that aims to help solve Australia's housing affordability crisis by co-investing alongside homebuyers. The LongView Shared Equity Fund co-invests with would-be homeowners via shared equity in which LongView also helps ...

Global investors look to strike gold: Study

CHLOE WALKER  |  FRIDAY, 28 APR 2023
... said the key reason for increased allocations to gold and gold miners is growing concern about an international banking crisis. In fact, 60% saw gold's role as a hedge against inflation among their top four reasons for increasing allocations. Finally ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
... Australia dream has turned into an inequality nightmare with the maldistribution of economic gains fuelling the cost-of-living crisis for low-and middle-income Australians." Grudnoff said the Stage 3 tax cuts, "which will see people earning over $180,000 ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... and is slowing, we have evidence that the anticipated slowdown in economic growth is occurring, and the global banking crisis provides a further rationale to justify a pause in rate hikes," Peter said. The RBA has also been winding back its rhetoric ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... During his tenure, Ermotti was known for directing the firm through "severe challenges" arising from the Global Financial Crisis. UBS said he built financial strength and improved resilience by putting its leading global wealth and asset management business ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... He said: "I will only briefly talk to the SVB story with these thoughts: it is not the story of a new Global Financial Crisis, and it is not a story of a banking sector in crisis." Rather, Paton said, it is the story of a manager that chose growth over ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... since the beginning of March we have seen gold jump from US$1809 to $1977 on Thursday last week driven by the current bank crisis," he said. "With elevated recession risk in the US we are of the view that gold has a positive return profile. In other ...

It's not 2008, but there's likely more pain ahead: Iggo

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
While it's not quite a repeat of the Global Financial Crisis, AXA IM's Chris Iggo has warned there may be more problems ahead as investors reconsider their holdings in banks and related assets. AXA IM's chief investment officer said the risk is also ...