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Showing 211 - 220 of 1110 results for "Stimulus"

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... was designed to make people feel guilty about seeking help when they are most vulnerable." However, the government's stimulus package and extra $550 a fortnight for those on JobSeeker payments means that people who access Centrelink for the first time ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... withdraw from their retirement plans such as 401(k) plans, 403(b) plans and traditional IRAs, as a part of its US$2 trillion stimulus package, called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Those who have been diagnosed with ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... different things, said A Rich Life founder Claude Walker. "To me, the market is currently quite strong as a result of the stimulus measures, but the economy is actually quite weak as a result of the pandemic," he said. "I think that we will see bankruptcies ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... Lafferty said. "Global equities (MSCI World) are up 23% off the bottom as investors put their faith in unprecedented stimulus and the belief that the infection curve is flattening," he said. "Neither of these factors represent the cure-all that risk ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... headroom at the 'AAA' rating level." The ratings change comes after the federal government announced a $320 billion stimulus package, representing 16.4% of GDP. "The government is acting decisively in the national interest to support households ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
... with defensives continuing to recover losses much faster than their cyclical peers and some fear that while the fiscal stimulus is large, it's too late." Although the MSCI World Index has recovered 41% of its bear market decline, Sherwood said Australia's ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... (238% as at 2018) in the world, the government has been pushed into spending and borrowing some more - it announced a stimulus package worth ¥108 trillion yen or 20% of GDP. Japan's credit rating will certainly take a hit but its increased fiscal ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
The extraordinary COVID-19 stimulus package is in front of Parliament today, with what is expected to be a trillion dollar debt being scrutinised by politicians. Parliament met today to discuss the government's $130 billion JobKeeper payment, which ...

Boutique hires star analyst from Citi

KANIKA SOOD  |  TUESDAY, 7 APR 2020
... research team, especially in the current environment, as we focus on finding companies that will benefit from the recent stimulus packages, and that are best positioned when the market recovers." Ausbil manages global and Australian equities, and is ...

Stimulus is finite: Prime Minister

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
The Australian government has made public the modelling that is informing its COVID-19 response, revealing why the JobKeeper payment works off a six month timeframe. Asked at a press conference how the modelling was helping with the economic response ...