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Showing 231 - 240 of 1438 results for "Recession"

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... two chief executives within its first two years of operation shows "something is very wrong". "We're in the first recession in 30 years and the deepest downturn since the 1930s," Jones said. "Access to quality advice for households and businesses ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... lockdown - re-imposed or otherwise - only dream of. China is one of the very few countries that have dodged the global recession - growing by 3.2% in the year to the June quarter after slumping by 6.8% in the previous one. With the pandemic behind it ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... said the government has failed Australians and that the budget presented by the Coalition will mean a deeper and longer recession. "This budget will rack up a trillion dollars of debt but still doesn't do enough to create jobs, fails to build for the ...

Pandemic proves value of advice: FPA

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... financial plan has never been more important due to the experience of the pandemic and now that Australia is officially in recession after 29 years," he said. "Those who are in receipt of professional financial advice are, well-guided and well-engaged ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... financially insecure," MetLife chief retail insurance officer Meray El-Khoury said. "We're potentially already in a recession and we may experience a severe economic downturn. So we anticipate that more people will be feeling mentally unhealthy." ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... Insurance Group chair Eric Dodd said: "We are on a growth trajectory, despite the backdrop of COVID-19 and a possible global recession, our low-cost operating model and flexible technology systems give us a significant advantage to adapt and pivot to ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... the pandemic back in March," he said. "The budget will confirm the strong plan we have to recover from the COVID-19 recession and to build our economy for the future." Morrison said the government is focused on recovering jobs, livelihoods and incomes ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... minister's initiative to revive manufacturing is, in his words, "how you create jobs and recover from the COVID-19 recession... This is how you build your economy back for the future." A manufacturing renaissance would see the Australian economy ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 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. As the OECD's September 2020 Economic Outlook Interim Report puts it: "All ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... policies going for growth, and COVID-19's second wave appears to have been waved bye-bye from Australian shores, the recession wrought on us by the coronavirus should be shallow and short-lived. This becomes not only possible but highly probable ...