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Showing 361 - 370 of 2165 results for "Recovery"

Council of Financial Regulators monitors ASX, cybersecurity

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... released in the near future. Council members discussed the policy changes in response to COVID-19 and said the path to recovery is likely to be "uneven" and will continue to monitor the treatment of customers in hardship as loan deferrals come to an ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... In the central scenario, GDP is expected to grow by ...

HESTA partners with Australian Unity

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
... where they work. Investing in the health and community services sector will also support a faster, higher-quality COVID recovery and the long-term resilience of our economy." Australian Unity said the capital raised would be used to pursue a range of ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... the increasing momentum in China's - the biggest iron ore consumer (69.1% of total world iron imports) - economic recovery. China's success in containing the virus post-haste and subsequent lifting of restrictions on social interaction and business ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... $100,000 for his role. Marie was also disqualified for four years from managing corporations. ASIC said it will not seek recovery of the penalty against Theta, as doing so would decrease the funds available for distribution by the liquidator of Theta ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... into the workforce with 178,000 jobs added in October. "Today's job numbers confirm that Australia's economic recovery is gaining momentum," Treasurer Josh Frydenberg said. Frydenberg was, of course, referring to the wonderful set of labour market ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... growth otherwise. Continued, albeit slowing growth in wages means that consumers still have money to spend and with the recovery in consumer sentiment, spend they will. The latest Westpac-Melbourne Institute Consumer Sentiment survey showed confidence ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... primarily due to an increase in infrastructure spend by the government, as well as measures taken for COVID-19 response, recovery and reform, TCorp said. NSW Treasurer Dominic Perrottet presented the state budget on November 17, pledging $107 billion ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... appropriate monetary policy will likely aim to achieve inflation moderately above 2% for some time." There was also the swift recovery in China's economy that, in turn, also lifted commodity prices. Good times! The AUD likes good times. Financial ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
... the rising cases of infections and deaths in their respective domains. Fed chair Jerome Powell thinks that while the US recovery had been better than expected and continues to progress, it remains uneven and incomplete while at the same time cautioning ...