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Showing 221 - 230 of 1438 results for "Recession"

Finance sector has largest pay gap

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... According to the Finance Sector Union (FSU), COVID-19 has had a disproportionate event effect on women, causing a "pink recession". "Closing the pay gap is not difficult. It is a matter of having the will, establishing priorities, and making a plan," ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... lifting of restrictions on social interaction and business activity has prevented the economy from succumbing to the recession that has struck most nations around the world. Chinese GDP grew by 3.2% in the year to the June quarter after contracting by ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Challenger's Fidante Partners has signed on a private equity manager focused on food and agribusiness. Fidante will market Minneapolis-headquartered Proterra Investment Partners' Asia Food Strategy to European investors. Proterra has $4.4 billion in ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... swift, decisive and draconian measures to control the coronavirus outbreak has prevented the economy from suffering a recession that most other economies did or are still under. After contracting by 6.8% in the year to the March 2020 quarter, China's ...

Climate change greater threat than COVID: Report

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... said. "This tells us that there isn't a 'no cost' option. So if we could take action today to prevent the next great recession from climate change, why wouldn't we?" The report noted that policies aimed at strengthening economic growth can support low-emission ...

Chief economist update: Europe, we have a problem

BENJAMIN ONG  |  THURSDAY, 29 OCT 2020
... would -- just as they have in the first wave - freeze economic activity that would almost certainly lead to a double-dip recession in Europe that, in turn, would make imperative increased government spending and monetary policy accommodation. The problem ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... index's 28.4% surged so far this year goes against all logic considering the state of the US economy which is in deep recession - GDP contracted at an annualised rate of 5.0% in the March 2020 quarter and a record 31.4% in the second quarter - and ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... September 2020 Economic Outlook Interim Report that, "All G20 countries with the exception of China will have suffered recession in 2020" and backed by the IMF's October 2020 "World Economic Outlook" predicting Chinese GDP growth of 1.9% this year ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... businesses are to draw on the accumulated financial buffers to spend and invest. "One of the many unique features of this recession is that it has been associated with a big increase in household saving," Lowe said. "Normally in a recession, income falls ...