Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 1438 results for "Recession"

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... Conversation, economics lecturer Isaac Gross argued a six-month break from the 10% tax would help fight the COVID-19 recession. It comes as PwC proposes an increase to the goods and services tax to 12.5%, which it says will help address the fiscal issues ...

Indigenous foundation teams up with super funds

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... Indigenous financial empowerment," Usher said. "The need for this education is even more relevant as we face a potential recession. "The opportunity if we get this right is enormous. Superannuation can act as vehicle that creates intergenerational wealth ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... to a reading of 82.69 - its highest level of Factset's (1990), surpassing the 80.86 registered during the Great Recession and Global Financial Crisis of 2008. It was the best of times... Fast forward three months and every single index has rallied ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
... economic activity has ground to an almost (except for essential services) complete stop, sending the global economy in recession. The IMF predicts that world economic output will drop by 4.9% this year (after an estimated expansion of 2.9% in 2019). ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... reached a trade deal; Brexit's settled; the Fed succeeded in turning the US inverted yield curve - which presaged a recession - after it cut the fed funds rate three times (in July, September and October) while at the same time, and along with other ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... from the COVID-19 crisis). Of note, Frawley argued that the super system may be facing fresh risks as it dives into a recession. "The other [issue] that we are going to have to contend with as we get into this recession is early retirement and forced ...

ESG continues to outperform: Research

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... livelihoods and financial markets globally. These include substantial stock market declines and many countries entering into a recession," RIAA said. "Yet while there has been widespread market downturn, the various analysis by commentators including ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... ever-elusive Budget SURPLUS. It has given it license to go forth and spend to save the economy from its first and only recession in 29 years. Even better, Australia has retained its AAA credit rating despite the government's massive spending. As ...

Rice Warner questions super return targets

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... lowered. Rice Warner has questioned whether superannuation return targets should be lowered. As the world faces its deepest recession in 90 years, JANA has said that while some super funds have reduced their target returns, most still believe the can ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... deterioration). Nevertheless, after "having rolled out a combined $2.2 trillion in two stimulus packages to avert a deeper recession", according to Reuters, Japan's former economy minister and the head of the Liberal Democratic Party's (LDP) ...