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

Search Results

Showing 221 - 230 of 3117 results for "Crisis"

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... nation. "This in turn will help support the Australian economy by making our exports more competitive as it did in the Asian crisis, tech wreck, and the GFC," he noted. He also believes the softening of China's zero Covid policy, which he predicts ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... to retire in their mid-60s - but many don't have enough for a comfortable retirement," she said. The cost-of-living crisis has made it especially hard to plan for, she added. Optimum Pensions' ' Planning for retirement with confidence ' ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... "While participants have traditionally been defaulted into a single balanced allocation, ever since the global financial crisis in 2008-2009, strategists have been contemplating personalisation. The thinking now is that super funds need to offer savings ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... distress increases if households can't pay their mortgages when the RBA increases interest rates too much. Currency crisis risk increases if capital leaves Australia for higher interest rate currencies when the RBA does not increase interest rates ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... "The first Labor budget in almost a decade was about walking a very narrow tightrope. How to respond to the cost-of-living crisis that heavily shaped the election result, without making the country's economic imbalances worse, and how to factor in ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... goals. "We thank the federal government for taking the first step in bringing all parties together to start tackling this crisis and look forward to working with all levels of government to ensure this is achieved in a consistent way," chief executive ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... globally and unconventional monetary policies adopted by the major advanced economies in response to the global financial crisis. "Meanwhile, the RBA eased monetary policy from late 2011 because of weaker economic conditions. However, from around 2016 ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... Challenger report. With retirees now living for about twice as long post-retirement, compared to the last major inflation crisis in the 1970s, the report's author, Challenger head of retirement income Aaron Minney says that many must now rethink ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... to local communities and to the financial system," the notice said. However, as demonstrated during the global financial crisis, there were limited and objectionable options available to the FDIC for resolving the largest failed insured depository institutions ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... in 2021 to 3.2% in 2022 and 2.7% in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the Covid pandemic. The IMF also said: "Global inflation is forecast to rise from 4.7% in 2021 to 8.8% ...