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Showing 261 - 270 of 1438 results for "Recession"

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... and monetary policy stimulus measures) has already produced kind results. It has saved the economy from a technical recession - GDP growth rebounded by 11.5% in the June quarter (3.2% year-on-year), more than offsetting the 10.0% contraction (minus 6.8% ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... scenarios: pre-pandemic growth expectations with post-pandemic expectations. The modelling factors in Australia's recession, rising unemployment, lowering super contribution levels, lower long-run super fund earnings expectations and reduced population ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... Australia's AAA rating and negative outlook because it "reflects our expectation that the economy will begin to recover from recession during fiscal 2021... We expect the general government's fiscal balance to improve during the next few years ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
... billion "Next Generation EU" (NGEU) Recovery Fund - to support member countries' recovery from the pandemic-induced recession, and multinational financial framework (MFF) - the regular EU Budget - amounting to around €1.1 trillion over seven years. ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... disasters which is likely to trigger insolvencies in the near future. "The reality is that Australia is now in the grip of a recession. Trading conditions are the worst we've seen since the Great Depression and many small businesses won't survive. ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... in New South Wales. Recall that it was China's double-digit growth (when almost everybody else was falling into a recession) during the global financial crisis that helped keep recession away from the Australia. Australians all would be rejoicing ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
New research has revealed the true value of advice, as the mental and financial wellbeing of Australia's unadvised population suffers from the impacts of the COVID-19 crisis. Fidelity International's latest Pulse Survey, which gauged the mental and ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... state would have flow-on repercussions on its neighbours that will, ultimately, delay the country's recovery from recession and/or deepen the ongoing GDP contraction. This, as much, was what Federal Treasurer Josh Frydenberg said in his interview ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... now is mind-numbingly remarkable." And considering the 8% fall in the ASX over the full year, Australia falling into a recession and a dramatic rise in unemployment, it is undoubtedly so. One such super fund which has come out of the crisis relatively ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
... freezer - that's 25% of Australia's total national output vapourised, delaying the country's recovery from recession. But something good is coming Australia's way. It's still unsure how Canberra's souring diplomatic and foreign ...