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Showing 221 - 230 of 911 results for "Deficit"

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
... insurance and superannuation arms, allowing for the simplification and consolidation of the super business. 5. Defined benefit deficit at $182bn Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... Treasurer Scott Morrison's Budget update where the Mid-Year Economic and Fiscal Outlook (MYEFO) report showed the budget deficit beamed up by a cumulative A$10.3 billion over the next four years to FY2019/20. (The May 2016/17 Budget Papers had the deficit ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
... nice sequel to the horror 0.5% contraction in Australia's third quarter GDP growth, a widening of the country's trade deficit, that is. Australia's trade deficit rose by 21.3% to A$1.54 billion in October from A$1.27 billion in the previous month. This ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2016
... have strengthened overall with housing credit picking up slightly. Australia current account balance The current account deficit narrowed by 29% to A$11,358 million in the September quarter from A$15,943 million in the June quarter. This is the smallest ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 25 NOV 2016
... from earlier predictions of 1.0% to 2.0%) this year and 1.0% - 3.0% in 2017. Hong Kong trade balance Hong Kong's trade deficit narrowed by 6.3% to HK$37.2 billion in October from the previous month but was 25.5% higher than the HK$29.7 billion recorded ...

Do super funds hold AAA rating key?

DARREN SNYDER  |  WEDNESDAY, 23 NOV 2016
... ongoing willingness of foreign investors to roll over that debt and to continue to fund what is a structural current account deficit. Those things are fine provided that foreign investors remain confident and comfortable in the Australian growth story. ...

Trump is heaven's gift to central banks

BENJAMIN ONG  |  FRIDAY, 11 NOV 2016
... yields to 2.2% -- the highest level in 10 months. The bond market is worried about rising inflation, and rising budget deficit and rising debt. Say whaaa? It had been only a month ago when Janet was talking about "hysteris" and temporarily running a ...

ASIC secures $210m in compensation

ALEX BURKE  |  THURSDAY, 3 NOV 2016
... but completed fewer (79 versus 88). It's a positive outcome for the regulator, especially considering that its operating deficit has increased by over 100% to $54,596, driven by rising expenses and falling government funding. Given the recently-announced ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 25 OCT 2016
US Markit manufacturing PMI Markit's preliminary estimates show that activity in the US manufacturing sector accelerated to a reading of 53.2 in October from 51.5 in the previous month. This is the highest reading since October last year and is sharply ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 7 OCT 2016
Australia trade balance Australia's trade deficit narrowed by 5.0% to A$2.01 billion in August from A$2.12 billion in July (revised from A$2.41 billion), Australian Bureau of Statistics (ABS) data show. This is better than market expectations for a ...