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Showing 251 - 260 of 911 results for "Deficit"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 11 MAY 2016
... UK trade balance The cheaper pound had certainly helped the improvement in the UK's trade accounts. The country's trade deficit narrowed to £3.83 billion in March from £4.30 billion in the previous month and £5.14 billion in January as exports increased ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
... inflation report, it wouldn't have cut the official cash rate down to a record low 1.75% two days ago. The country's trade deficit narrowed to A$2.16 billion in March, down 29% from February's A$3.04 billion shortfall. This is lower than market expectations ...

Labor supports tax cuts

MARK SMITH  |  TUESDAY, 3 MAY 2016
... have no part in that," he told the ABC. In making the comments Bowen also criticised the government for blowing out the deficit to three times what it inherited when it came to power three years ago, saying the Coalition had failed to deliver on its ...

Budget big picture

ALEX DUNNIN  |  TUESDAY, 3 MAY 2016
A budget deficit of $40 billion on its way down to just $6 billion in four years masks a massive 29% increase in tax revenue over the forward estimates, pointing to why Treasurer Scott Morrison has had to go after high-end superannuants and multi-nationals. ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
Superannuation tax concessions should be reduced to fix Australia's ballooning structural deficit, according to global audit, tax and advisory services provider KPMG. The company has specifically recommended that the annual income threshold at which ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 27 APR 2016
... Michigan consumer sentiment index - down to 89.7 in April from 91.0 in March and below the 92.0 expected. Philippine trade deficit The Philippines' trade deficit widened to US$1.10 billion in February from the US$0.84 billion gap recorded in the same ...

Commodities slump stalling sovereign wealth growth

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Sovereign wealth funds in commodities economies are being forced to sell off assets to manage government deficits, slowing growth for the sector. The 2016 Preqin Sovereign Wealth Fund Review shows that while assets held in sovereign wealth funds collectively ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 APR 2016
Australia trade balance Australia's trade deficit widened to A$3.4 billion in February, an 8% increase from the previous month's A$3.2 billion shortfall and disappointing consensus expectations for an improvement to a A$2.5 billion trade gap. Exports ...

Super flagged to repair Australia's budget

DARREN SNYDER  |  WEDNESDAY, 30 MAR 2016
... completely unfair. In addition to the penalty on future generations, as a player in the global economy, running a large deficit means we have no flexibility to respond to unexpected economic shocks. "Getting back to surplus won't be painless - some of ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 30 MAR 2016
... February - the strongest since December 2011 - from 0.6% in the year to January. Hong Kong trade balance Hong Kong's trade deficit narrowed by 7.6% to HK$33.1 billion in February compared with the same month last year. While this appears to be good news ...