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Showing 11 - 20 of 20 results for "Public spending"

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
As budget cuts to public spending loom, wealth providers are warning the cost of aged care needs to be factored into retirement planning. "The likelihood of care and its associated cost needs to be recognised at the beginning of retirement, not when ...

A surplus in 2012/13, and then what?

BENJAMIN ONG  |  THURSDAY, 29 MAR 2012
... Households are bracing themselves for tough times ahead. And Swan's about to choke them a little bit tighter. Reducing public spending at a time when private demand is weakening could create a negative feedback loop in the economy. Sure we may get to ...

Bold predictions of US recovery

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
... Bob Baur, chief global economist for Principal Global Investors pointed to positive indicators in employment, public spending, housing and strong private sector balance sheets as evidence for optimism. "We would view this year as a tale of two halves," ...

Hero to Zero

BENJAMIN ONG  |  MONDAY, 7 NOV 2011
... Papandreou was able to convince the Greek parliament to pass his plan that involved slashing a,-14.32 billion in public spending and raising a,-14.09 in taxes over five years. Zero. And then, wham bam, dear George crossed his fingers and announced that ...

UK should raise state pension age to 70: PwC

MATT WOODINGTON  |  MONDAY, 25 JUL 2011
... 90% of GDP by 2050 if existing policies were maintained, said PwC in a research paper. To combat the increased public spending on health, long-term care and state pensions, PwC said there will need to be policy changes, such as raising the state pension ...

CB thoughts

BENJAMIN ONG  |  MONDAY, 13 SEP 2010
... faltered in August and policy makers have said growth may lose steam as the government implements the biggest public spending cuts since World War II and the global economy cools." Good now, convulsions later. But back in North America, the Bank of Canada ...

Detox

BENJAMIN ONG  |  MONDAY, 24 MAY 2010
... Germany and France. Germany announced that there would be no tax cuts in the next two years. France plans to freeze public spending from 2011 to 2013. Even non-Eurozone member Britain is planning to go on detox by shrinking its public sector. In short ...

Market Wrap - Morning

AAP  |  MONDAY, 17 MAY 2010
... out of a recession. More strikes are expected in Spain and Greece as workers protest cuts in pensions and other public spending. There were also concerns on Friday about corporate profits. Shares of credit card companies tumbled after the Senate voted ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 APR 2009
... Prime Minister Taro Aso will unveil a new stimulus package, on top of about Y12 trillion ($A181.04 billion) in public spending announced last year. HONG KONG - The benchmark Hang Seng Index rose 119.69 points, or 0.89 per cent, to 13,576.02. WELLINGTON ...

Confidence down but not out

SUZY MAC  |  WEDNESDAY, 12 SEP 2007
... the same as during 2006 and arguably a bit below the Statistician's latest reading for the March quarter. Strong public spending, however, has boosted the latter," the report said. Business conditions for the non-farm sector, as expected, remained at ...
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