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

Search Results

Showing 11 - 20 of 363 results for "International Monetary Fund"

Australia progresses climate transition disclosures, planning

KARREN VERGARA  |  FRIDAY, 20 JUN 2025
... investment and reducing incentives for companies to take action in the near term," the report read. The International Monetary Fund (IMF) categorises fossil-fuel subsidies into explicit and implicit forms. Explicit subsidies are direct government payments ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... expertise and enthusiasm to the table, we won't have ethical and effective implementation of AI." The International Monetary Fund (IMF) predicts that about 40% of employment worldwide will be impacted by AI, while Goldman Sachs foresees 300 million ...

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... in the UK, France, Spain, Italy, and Japan. Australia's national debt sits at 38% of GDP. The International Monetary Fund (IMF) predicts global public debt will surpass US$100 trillion by the end of 2024 and will approach 100% of GDP by 2030. "The ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
The International Monetary Fund (IMF) has revised its inflation predictions for 2025, upping Australia's consumer price index expectations from 2.8% to 3.6%. In its World Economic Outcomes report, the IMF predicted Australia would be one of two advanced ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
... adjunct professor at Adelaide University's School of Economics. Debelle previously held roles at the International Monetary Fund, Bank for International Settlements, Australian Treasury and as a visiting professor in economics at the Massachusetts ...

NZ Super Fund names acting chief investment officer

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... investment strategist at Future Fund from 2009 to 2018. He has also worked at Morgan Stanley and the International Monetary Fund. Guardians chief executive Jo Townsend, who took up her role in April this year, said the process of recruitment for a permanent ...

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... product (GDP) was second among G20 nations last year, improving from 14th in 2021, according to the International Monetary Fund (IMF). Australia's budget balance was -0.9% of GDP in 2023, surpassing advanced economies like Germany, Japan, the United ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... avoid a recession with the RBA holding the cash rate at 4.35% until at least 2025." This comes as the International Monetary Fund (IMF) urged global central banks to "stay vigilant" against the threat of inflation. "A sense of optimism has pervaded financial ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... that income inequality is rampant among 64 out of 106 counties that receive grants or loans from the International Monetary Fund (IMF) and World Bank. Income inequality in Ghana, Honduras, Mozambique, and 39 other countries stood at high levels. The ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... investment strategist at Future Fund from 2009 to 2018. He has also worked at Morgan Stanley and the International Monetary Fund. Gilmore will replace Nicole Musicco who left CalPERS after just 18 months in the role citing family reasons. Prior to Musicco ...