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Showing 251 - 260 of 1110 results for "Stimulus"

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
... would have served Australia's GDP a 0.9% blow if it hadn't been for the government's $17.6 billion economic stimulus package, according to research released today by KPMG. The 0.9% near miss would amount to a $17 billion loss by the end of ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... There was Trump's (see above) and China (previous to everybody else). There's the UK Treasury's £30 billion stimulus package; Canada's C$1billion; Japan's US$4 billion - second stimulus package following the US$96 million package ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... low of 0.5% and is expected to cut some more. The Morrison government recently announced a A$17.6B ($11.4B) economic stimulus package. The US Federal Reserve cut the fed funds rate by 50 bps on 3 March to 1.25% and announced an additional US$1.5 trillion ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
The federal government has announced a $17.6 billion economic stimulus package, as it ramps up its efforts to dodge a coronavirus-sparked recession. It comes as the World Health Organisation regrades COVID-19 to a global pandemic, with 118,326 cases ...

Alternatives to lead the way: J.P. Morgan

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... Kerry Craig, J.P. Morgan executive director global market strategist, told Financial Standard that the huge swing in stimulus measures coming from central banks may help support economic growth but will push rates lower. "That is going to have a negative ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... for such a pandemic," Prime Minister Scott Morrison said. The Federal Government this morning announced a $17 billion stimulus package focused on wage subsidies for apprentices, cash for SMEs, pensioners and Newstart recipients, and expanded investment ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... S&P 500 and Nasdaq suffering their worst day in a decade on Monday. Markets rebounded on Tuesday on hopes of government stimulus - with the White House reportedly working on a proposal to assist businesses and workers impacted by COVID-19; including ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... world. The RBA's recent rate cut (and promise of more if necessary), the Morrison government's ready to launch stimulus, and the stronger base provided by the better-than-expected domestic growth numbers, should mitigate the downward pressure ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... on economic growth in China. "People were getting happier about China's economy this year based on the look of the stimulus, the end of the trade war, and the consumer doing okay," Green said. "I came into this year believing that things were going ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... slowing in output growth in China for a few months, before a sharp bounce-back as the outbreak was controlled and economic stimulus measures were introduced," he said. "Today, China is a larger part of the global economy and it is more closely integrated ...