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Showing 11 - 20 of 165 results for "Stimulus package"

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... sometime around late November/early December last year. This prompted the Suga administration to announce a third stimulus package worth around US$708 billion, which includes about ¥40 trillion (US$384.47 billion) in direct fiscal spending and initiatives ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... infections in the country. The Suga administration's concern is underscored by the recent announcement of a third stimulus package worth around US$708 billion, that includes about Â¥40 trillion (US$384.47 billion) in direct fiscal spending and ...

Aussies won't top-up ERS losses

ELIZABETH MCARTHUR  |  MONDAY, 30 NOV 2020
... to top up their super with the tax savings they will be benefiting from as part of the government's COVID-19 stimulus package. Super was the lowest priority for those surveyed. Saving was the most popular goal, with 57% planning to top up their savings ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... control the infection. This comes only a few days after the prime minister directed his Cabinet to prepare another stimulus package to cushion the negative impact on the economy of the virus' resurgence. Japan's economy minister Yasutoshi Nishimura ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
"I guess it also rings a bell for some countries, which are still struggling to fight COVID-19, that without strict measures, the virus won't be fended off. We fought hard, this is our payback." Zhang Yong, a small taxi company owner in Wuhan, is ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... time," the RBA board said. The board agreed that the policy package implemented in March alongside the governments stimulus package was continuing to support the economy. "There was a very high level of liquidity in the Australian financial system and ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... GSFM adviser Stephen Miller said the GDP figures revealed the extent of the support from the government's stimulus package. "Despite the large hit to activity and the 10% collapse in hours worked, household income actually rose 2.5%," Miller said. ...

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... 2000-2001 'Dot Com' bubble," Yang said. "Uncertainties surrounding the approval of a second US fiscal stimulus package remain, while a review of the phase-one US-China trade deal is in limbo. These are two potential catalysts for equity market ...

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
As we reach a third of the way through Australia's reporting season, an advice and stockbroking group has identified three key trends that have so far emerged from the results. Wilsons Advisory noted that many of the companies that have reported thus ...