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Showing 211 - 220 of 295 results for "Tax cuts"

2009: The lost year

BENJAMIN ONG  |  TUESDAY, 13 JAN 2009
... the recession has increased the likelihood of defaults by corporations and citizens alike. Fiscal largesse in terms of tax cuts and extra dole outs are not being spent and instead used to pay down debts. Lagging, contemporaneous and leading indicators ...

Bad tidings we bring

BENJAMIN ONG  |  MONDAY, 12 JAN 2009
... lending standards and reduced credit limits offered by banks and credit card companies. On its own - consumers are using tax cuts and other spare funds to pay down existing credit balances. Australia still looks safe -- for now. However, like water slowly ...

China syndrome

BENJAMIN ONG  |  THURSDAY, 11 DEC 2008
... pace, Chinese fiscal and monetary authorities have promised 'more forceful measures' in the form of easy monetary policy, tax cuts, extra efforts aimed at job creation and a stable currency. For all our sake, let us hope that the consumer of last resort ...

October mourn

BENJAMIN ONG  |  MONDAY, 3 NOV 2008
... announced that it will accept a wider range of bonds as collateral. This is on top of the government's promise of more tax cuts and increased spending. The People's Bank of China slashed its benchmark lending and deposit rates by 27 bps. The one-year ...

Rescuing the rescue package

BENJAMIN ONG  |  THURSDAY, 2 OCT 2008
... Representatives for their vote. To make the US$700 billion plan more palatable to taxpayers, Congress has reportedly included tax cuts and increased bank account insurance to the bill. Whether these sweeteners are enough for the bail-out plan to get ...

This Week's Movers

BENJAMIN ONG  |  MONDAY, 8 SEP 2008
... December last year. Markets expect retail sales to rebound in July supported by lower petrol prices and the personal income tax cuts, which became effective at the start of Australia's financial year. However, a lower-than-expected outcome would reinforce ...

Lower, higher, steady

BENJAMIN ONG  |  THURSDAY, 21 AUG 2008
... motor vehicles has steadily declined from a high of 11.2 percent in December 2007 to just 1.4 percent in June. The income tax cuts that became effective in July could prod some to go out and buy new cars. However, this would be offset by high petrol ...

Central bank watch

BENJAMIN ONG  |  MONDAY, 4 AUG 2008
... consumer sentiment reports, a number of factors continue to exert positive influence on the Australian economy. The income tax cuts, which became effective in July, and the slight fall in petrol prices will add to household disposable income and this ...

US growth disappoints

BENJAMIN ONG  |  FRIDAY, 1 AUG 2008
... percent in 2000 and 2005 and to about 1 percent in 1996/97, did we fall into a recession then? In addition, the income tax cuts, which became effective in July, have not flowed into the June retail sales reading. It would take perhaps another couple ...

Rates on hold thanks to oil prices

ALEX DUNNIN  |  WEDNESDAY, 2 JUL 2008
... inflation will climb down from the mountain. Perhaps ironically, the monetary savior is fiscal policy in the form of the tax cuts that are now phasing in. "If anything, the tax cuts are going to allow households to claw back a bit of purchasing power," ...