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Showing 11 - 20 of 29 results for myefo mid year economic

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... almost equal number of promises later from both sides of the political divide. The Mid-Year Economic and Financial Outlook (MYEFO) - released in December 2019 - predicted a A$5.0 billion (+0.3% of GDP) surplus in FY2019/2020 and A$6.1 billion (+0.3% ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... business loans - announced in late January. Bye bye surplus. The government's Mid-year Economic and Financial Outlook (MYEFO) handed down in December 2019, estimated an underlying cash SURPLUS of A$5.0 billion in FY2019-20. Take away least A$19 billion ...

MYEFO sees bond issuance drop

ALEX DUNNIN  |  TUESDAY, 18 DEC 2018
... a statement. AOFM has already issued $30 billion of Treasury bonds this year. The Mid-year Economic and Fiscal Outlook (MYEFO) figures have also enabled the AOFM to cancel new bond lines that were set to mature in September 2023 and December 2030. "These ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... Financial services regulators have also received increased funding in the government's Mid-Year Economic and Fiscal Outlook (MYEFO). The Australian Taxation Office (ATO) will receive more than $182 million over four years from 2019-20 to extend the ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... surplus one year earlier - equivalent to 0.1% of GDP in FY 2019-20 as against the Mid-Year Economic and Fiscal Outlook (MYEFO) of 0.4% of GDP by FY 2020-21 - and from there, the hope is that it'll be surpluses all way as far as the eye can see. But as ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... Never mind the "promised" surplus, it's election spending time. In the December 2017 Mid-Year Economic and Fiscal Outlook (MYEFO), the Treasury predicted that ever-elusive surplus to be reached by FY2020-21 amounting to A$10.2 billion (0.5% of GDP) from ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 23 FEB 2018
... but perhaps, it's at or close to the Federal Treasury's US$55/tonne projected in the Mid-Year Economic and Fiscal Outlook (MYEFO) report for 2017-18, released in December last year. "Iron ore prices are assumed to remain flat at US$55 per tonne free-on-board ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... months made. More specifically the time Budget 2017-18 was released last May to the Mid-Year Economic and Fiscal Outlook (MYEFO) released yesterday. The difference is A$5.8 billion. This is the improvement in the country's budget deficit forecast for ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... change to spare. It's a good starting point for the Budget too. Recall that in the Mid-year Economic and Fiscal Outlook (MYEFO)2016-17, the government lowered its real GDP prediction to 2.75% for FY2017/18 from 3% forecasts in May last year. The forecast ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... message from Australian Federal Treasurer Scott Morrison's Budget update where the Mid-Year Economic and Fiscal Outlook (MYEFO) report showed the budget deficit beamed up by a cumulative A$10.3 billion over the next four years to FY2019/20. (The May ...

Editor's Choice

Fidelity to roll out five more active ETFs

JAMIE WILLIAMSON  |   12:49PM
The fund manager is looking to significantly boost its local lineup of active ETFs, selecting five strategies to list.

Prime Super finds new chief executive

ANDREW MCKEAN  |   12:45PM
Prime Super has appointed former Zurich chief of business transformation Raeline Seales as its new chief executive.

Performance test needs better metrics, durability

KARREN VERGARA  |   12:36PM
The superannuation performance test has several shortcomings that must be addressed in Treasury's latest round of consultation so it is fair and sustainable, the Actuaries Institute Summit heard.

Charles River appoints new head of APAC

ELIZA BAVIN  |   11:56AM
The State Street-owned company will welcome a new head of Asia Pacific.

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