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

Search Results

Showing 281 - 290 of 911 results for "Deficit"

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... would be pleased. It's bad. It's less austere and wouldn't make significant in-roads into cutting Australia's debt and deficit. Carmen Reinhart and Kenneth Rogoff wouldn't be happy campers. But judging from post-Budget public opinion, Joey's second try ...

Budget projections risk being too optimistic, economists warn

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... to 3.5%." Other assumptions based on commodity prices "could yet prove to be too optimistic," which could lead to more deficit blow outs in the years to come. QIC chief economist Matthew Peter told Financial Standard that the budget is unrealistic and ...

Hockey defends budget backflip

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... call the present situation a "budget emergency," despite the fact that he did so under a Labor government when budget deficit was 12%, and the current budget contemplates a deficit of 18%. "We are focusing on how to build new opportunities in the future. ...

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
... creation and stimulate economic growth - a turnaround from last year's aimed of them going into reducing the debt and the deficit. "What we want to do is redeploy our savings and redeploy government expenditure into areas of growth in the economy". That's ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... 7.2% over the quarter and imports increasing by 1.8%. Last night's US trade data showing an upward revision in the trade deficit to US$51.4 billion in March - the biggest gap since October 2008 -- from the initial estimate of US$42.0 billion could bring ...

Market Wrap AM

AAP  |  WEDNESDAY, 6 MAY 2015
... on stocks. US petrol prices have risen 10 per cent in the last month. Analysts also cited a sharp rise in the US trade deficit in March and the growing rift between Greece and its creditors over the terms of a bailout. Losses were broad-based with virtually ...

Market Wrap AM

AAP  |  FRIDAY, 24 APR 2015
... dealers reacting to a drop in British retail sales numbers, along with official data showing the British government beat its deficit-reduction target before next month's general election. The euro rose to $US1.0804 from $US1.0725 late in New York on ...

Market Wrap AM

AAP  |  THURSDAY, 19 MAR 2015
... after British finance minister George Osborne raised the country's growth forecast to 2.5 per cent while slashing its deficit forecasts. Frankfurt's DAX 30 index, however, lost 0.48 per cent to 11,922.77 points, while the CAC 40 in Paris finished flat ...

Tax concession debate "simplistic": SMSF Association

MARK SMITH  |  MONDAY, 2 MAR 2015
... within the industry to highlight how tax concessions are skewed in favour of high earners. With the Federal Budget in deficit and revenue from mining and resources falling short of estimates, it is feared the government will come after the more than ...

Demography must drive reform

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  FRIDAY, 27 FEB 2015
... 2.7% to 3.9% of GDP over the next 40 years. These figures paint a stark picture of Australia's future a^' a structural deficit where without change, Commonwealth spending will exceed revenues by almost 3% by 2050. In recent years, we have made budget ...