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Showing 301 - 310 of 1722 results for "unemployment"

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... half of 2020 and by around 6% over the year as a whole. This is followed by a bounce-back of 6% next year." "...the unemployment rate peaks at around 10% over coming months and is still above 7% at the end of next year." "Inflation remains below 2% over ...

Impact offers opportunity during crisis: Report

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
... provide a way for governments to fund innovative programs that address challenges such as homelessness and youth unemployment. "Private investors contribute capital to enable a service provider to establish a program and then are paid a return by government," ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... have already been withdrawn as part of the federal government's measures to deal with the coronavirus crisis. "As unemployment inevitably grows in the months to come, that will have an additional negative impact on funds and their cashflows. All these ...

House prices expected to tumble

ELIZA BAVIN  |  FRIDAY, 22 MAY 2020
... higher, with Sydney up as much as 9% and Melbourne as much as 7% higher. Bloxham said stalled migration and rising unemployment were likely to drive an oversupply in housing. "Forecasting housing prices is difficult at the best of times, but at the moment ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... September deadline will "see people falling off a financial cliff". "The forecasts are not showing a full recovery in unemployment levels for years, not months. The industry's plan will see some people caught out," he said. "Everyone has been doing ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... deferrals on 700,000 loans, worth $220 billion, have likely been insulating the housing market from higher levels of unemployment and lower incomes, he said. "It remains to be seen what will happen when these end in September," Cacho said. "The recent ...

Magellan remains cautious, for now

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... reduction in the risk associated with the global macro backdrop, such as through the production of a vaccine, levels of unemployment decreasing and the provision of supportive policy. Currently, the firm is holding about 17% cash in its global fund and ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... fall in employment to be offset by a fall in the participation rate. "There are also > 1.6mn people on JobSeeker (unemployment benefits), lifting by ~1mn since COVID-19 - meaning ~8mn are on government payments; vs total employment of ~13mn (of which ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... Further, they are facing unprecedented calls on benefits and will suffer reduced contribution flows through increased unemployment," Elkins said. "Some funds that were valued at sub-$50 billion pre-COVID-19 may come out of COVID-19 as sub $30 billion ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... Spiraling economic conditions also support this bearish view, Alankar said, with millions in the US now filing for unemployment benefits. "What started as a public health crisis quickly morphed into a financial shock and now has become an economic crisis," ...