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Showing 11 - 20 of 50 results for "Budget of"

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... their Age Pension income. Those wishing to spend $1462 or $38,000 will need $258,000, while someone with a fortnightly budget of $1962 ($51,000) will need $743,000. For couples, a fortnightly spend of $1615 ($42,000) will require joint savings of $95,000. ...

Parliamentary committee hears KPMG assumed 'conflicting engagements knowingly'

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
... impact of $5.3 billion. By contrast, NSW Treasury's assumptions indicated that there would be a positive impact on the budget of $4.7 billion. Lyon asserted that the NSW Treasury was dissatisfied with his work but, more concerningly, then displayed unprofessional ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... people from all walks of life - including economists." In this scenario, the board of trustees would release a parallel budget of long-term projects on both a macroeconomic and microeconomic level. "This would ensure a long-term vision for federal spending ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
Healthier consumers are happier consumers are spending consumers. US consumer confidence has rebounded to its highest level since the onset of the pandemic in America in March last year. This is hardly surprising with cases of coronavirus infections ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
Ho-hum. So much for speculations over the Fed's thoughts and actions, Powell and Co. did what financial markets expected - nothing - at their 16-17 March FOMC meeting. "The Committee decided to keep the target range for the federal funds rate at ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... government forecasted that unemployment would be between 11% and 13%. The JobKeeper program will continue at a cost to the budget of $101 billion, supporting 3.5 million people. By the June 2022 quarter, the government is anticipating an unemployment ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... low-income earners who genuinely withdraw the full $20,000. A spokesperson said AIST did not have an estimate of the cost to budget of the top ups, but said it would be several billion dollars. It's just one of several recommendations AIST has made ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... Sweden - stance against the European Commission's recent proposal for a €750 billion recovery plan and a 2021-27 budget of €1.1 trillion.

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... recovery plan". As per Factset: "The European Commission announced its proposal for a €750B recovery plan and a 2021-27 budget of €1.1T to bring the total firepower of €1.85T. It will finance the recovery by borrowing on the financial markets... ...

AFCA appoints chief operating officer

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... said. "Untersteiner has previously held the role of chief financial officer at the ATO responsible for the agency's budget of $3.5 billion per annum, he has led the ATO's corporate procurement and tax management branch and has led the delivery of the ...