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Showing 11 - 20 of 25 results for "Budget balance"

MYEFO writes down billions in super fund taxes

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... and the adoption of a more realistic domestic growth outlook we continue patiently and responsibly on the path to budget balance," Morrison said. Also commenting on MYEFO, BDO tax partner David Blake has called on the government to take bold initiatives ...

Lead us not into a recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2015
Oh-em-gee! Australia, for sure and for certain, is in trouble now. Economic growth has slowed to a crawl - a mere 0.2% in the second quarter - and that 2.5% below-trend growth in the first quarter we've all been moaning about has fallen below-er trend ...

The recession we're wishing to have

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2014
... their strong economies. As per The Economist poll or Economist Intelligence Unit estimate/forecast A for this year: Budget balance: Australia minus 1.9% of GDP; US minus 2.8%; UK minus 4.5; Japan minus 8.0%; eurozone minus 2.6%. Unemployment rate: Australia ...

FSC denounces lost super threshold rise

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013
... with the government's plan to put a levy on bank deposits, funds received through this new policy will boost the budget balance sheet. However, they will not actually be available for ordinary budget spending.

Can't help falling in love with stocks

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2013
"Sing Hallelujah! Sing it Sing Hallelujah! Sing it, yeah Sing Hallelujah!" -- 'Sing Hallelujah' by Dr. Alban They're dancing and singing on the streets - Wall Street, that is -- for the Dow Jones Industrials Index has officially closed at an all-time ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
... Australia's comparative metrics that Standard & Poor's referred to. I only had time to look at the debt to GDP and budget balance to GDP stats and so far... S&P seems to be being truthful. Based on tradingeconomics.com data, Spain has debts amounting ...

Too much ado over MYEFO

BENJAMIN ONG  |  TUESDAY, 23 OCT 2012
... Treasury to revise its 2012/13 Australian economic growth prediction from 3.25% last May to 3.0% now - leaving the budget balance at a surplus of 0.1% of GDP. But who gives a hoot? I would bet my right eyeballs (I refuse to stake the other kind of balls) ...

Much ado over a known known

BENJAMIN ONG  |  TUESDAY, 19 APR 2011
Is this the start of something big... or another dip buying op? Wall Street retreated big time last night. The S&P 500, the Dow and the Nasdaq all closed 1.1 per cent leaner. Is it perhaps investors want to gain a head start on that good 'ol adage ...

1989 redux

BENJAMIN ONG  |  TUESDAY, 22 FEB 2011
... ammunitions came down in both the east and west and allocated to more productive, private endeavours. \ America's budget balance, for example, which had been in deficit since 1970, turned into a US$69.2 billion surplus by 1998 and grew to a high of US$236.4 ...

Downgrade me

BENJAMIN ONG  |  FRIDAY, 28 JAN 2011
... course, there's nothing closer to our Australian hearts than the Gillard and Swan tandem disaster levy just so the Budget balance turns positive in two years time (as promised) and their government don't fall foul of big international agencies and, God ...