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Showing 221 - 230 of 3122 results for "Crisis"

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... advanced economies and 70% of emerging market and developing economies. World Bank Group president David Malpass said the crisis facing development is intensifying as the global growth outlook deteriorates. "Emerging and developing countries are facing ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... Of those surveyed, 97% of candidates told researchers that the minimum fair pay rise during the current cost of living crisis would either need to match or surpass inflation, showing expectations among the workforce are growing increasingly disconnected ...

HESTA commits $240m to build-to-rent pipeline

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... and in due course, completed assets." There are society-wide negative impacts associated with the housing affordability crisis, Daff added. "It was not that long ago we were worried about how ordinary working Australians were able to purchase their first ...

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... causes of those increases lie mainly outside Australia. ASFA deputy chief executive Glen McCrea said: "The global energy crisis, raw material scarcity, and supply chain disruptions caused by ongoing Covid lockdowns in China are converging to pose significant ...

Hopes for action at "implementation" COP27

RACHEL ALEMBAKIS  |  MONDAY, 14 NOV 2022
... richest, worst carbon polluting countries to help less developed nations who suffer from the frontline impacts of the climate crisis such as losses such as species extinction, and damages caused by catastrophic events linked to climate change. In terms ...

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 ...