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Showing 191 - 200 of 678 results for "expenditure"

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... support so far has been split almost evenly between above-the-line - measures with a direct effect on revenue and expenditure such as deferral of taxes and cash transfers- and below-the-line support, which includes public sector loans, equity injections ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... Industry Super Australia (ISA) chair Greg Combet says will help rebuild the Australian economy. The multi-billion capital expenditure was identified by a survey of industry super funds, IFM Investors and the Industry Super Property Trust. Since the beginning ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... not only doing its job but has benefitted the economy as a whole and will continue to do so, stabilising Age Pension expenditure. Assuming the SG is raised to 12%, the amount spent on the Age Pension should drop to 2.6% of GDP over the period to 2054-55 ...

We cannot prevent the blow: PM

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
Prime Minister Scott Morrison said the government will not extend stimulus packages, saying they would dull the dynamism of the economy. Delivering a speech to the Committee for Economic Development of Australia (CEDA), Morrison said that despite wide ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... restrictions. "Public demand contributed 0.3 percentage points to GDP, driven by a 1.8% rise in government final consumption expenditure," the ABS said. "Government spending at all levels increased in response to the bushfires and the management of the ...

UniSuper stares down job crisis

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... everything possible to minimise staff impacts, we must look at our employment costs as well as continuing to minimise other expenditure to adjust to where we need to be." This upheaval in the sector has forced UniSuper to develop a response. "We're working ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... deterioration in the operating environment, including a reduction in global operating expenses, a deferral of non-essential expenditure and optimisation of labour costs," it said. "On an annualised basis these cost reduction initiatives amount to approximately ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... responsibility to be constructive and to make sure the government gets this right." He added that the scale of the expenditure is unequaled in Australian history. "We are headed for a trillion dollar debt. It is a bill that will saddle a generation," ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
Ho-hum. Financial markets widely expected the Reserve Bank of Australia's (RBA) decision to keep monetary policy settings unchanged at its April meeting especially so soon after announcing a comprehensive accommodation package the month before ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... very slowly. There is no need to be panicked." She said how Australia pays it back, across increased revenue or lower expenditure or a combination of the two will depend on the government at time, but one of the solutions could be increasing receipts ...