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Showing 231 - 240 of 1515 results for "Fiscal"

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... the VIX index - the fear gauge - dropping by 7.1% to 21.58 points. More so this time that the US executive, monetary and fiscal branches of government are united in ensuring a brighter and more sustainable outlook for the US economy. The Biden administration ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... the lifting of the initial state of emergency on May 25 - a month and a bit after it was put in place. This, along with fiscal and monetary policy support, has allowed the economy to slowly recover. Japanese GDP surged at an annualised rate of 22.9% ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... to an eight-year low on 23 March 2020 (a 32.9% loss from the start of 2020) buoyed by swift and aggressive monetary and fiscal policy responses. The All Ordinaries index is up 1.5% so far this year and is expected to end the vaccine year 2021 with around ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
... the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with legacy products, who were previously unable to commute amounts ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... billion) in emergency funds to support retail shops, restaurants and tourism businesses from the re-enforced lockdown. The fiscal stimulus gives the Bank of England (BOE) some breathing room to assess the recent developments before its scheduled meeting ...

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
... should we survive the pandemic, our retirement incomes as the global freeze wreaked havoc on our investment portfolios. Fiscal and monetary authorities prompt and aggressive counter-cycle responses saw us through the year - mitigating impact on businesses ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
... optimism and the end of President Donald Trump's term in office. But underlying all these are America's aggressive fiscal and monetary responses. The CARES Act, direct payments to households, extended unemployment benefits, the Paycheck Protection ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... GDP expanding by 0.75% in 2020-21 instead of the 1.5% contraction foreseen in the October Budget. However, the following fiscal year's growth rate was revised lower to 3.5% from the 4.75% predicted in October. But hey, my back of the envelope calculation ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... COVID-19 pandemic underscores the majority of this year's most widely read stories, as unprecedented shutdowns and fiscal response wreaked havoc on financial markets. However, ongoing themes around regulatory reform, super fund consolidation, fee ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... recovery trend in the last two months. "Housing values have been supported by a strong mix of regulatory, monetary and fiscal measures, which have induced record-low mortgage rates, the deferment of mortgage repayment for households impacted by COVID-19 ...