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Showing 371 - 380 of 1882 results for "GDP"

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
... Richardson's sentiment, and said Australia needs to "start thinking about a national debt that gets shrunk away as a percentage of GDP" instead of getting paid back. He said the idea "we should have zero net-debt to GDP has to change", and added that ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... says it will take government more than a decade to bay back its borrowings or it may decide it wants to run a higher debt to GDP ratio instead of paying down debt. Future Fund won't have a big role in funding the stimulus spending, including for ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...

Extended lockdown could spur worst recession on record: Grattan

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
... The Conversation, the Institute's household finances program director said while a three-month lockdown could reduce annual GDP by 6%, six months of social isolation could see the country take a 12% hit. "It's hard to imagine that there would be no further ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... billion wage subsidy scheme to keep us, Australians all, in our jobs. According to the AFR, "this equates to "6.65 per cent of GDP. Total fiscal stimulus so far is $214 billion, or more than 11 per cent of GDP... Combined with the $105 billion from the ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... case for the economic outlook in terms of COVID-19 is slightly bleaker than others. It predicts 12.5% unemployment and -6.9% GDP. Bill Evans at Westpac is more optimistic, predicting -3.50% GDP and 11.1% unemployment. Others, like Citi and Goldman Sachs ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
... global economic recovery next year. "We expect near-term impact to be savage, shaving off 2 percentage points from global GDP growth," it said. "However, we anticipate a vaccine ready to be deployed by mid-to late 2021, setting the stage for a return ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... cases, Frontier's modelling is predicting likelihood of a recession, as defined by two successive quarters of negative GDP growth, according to a presentation sent to its clients yesterday. This is a far cry from the 2% growth expectation that Frontier ...

Elanor launches new fund

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... health precincts and supported by strong anchor tenants. "With Australian healthcare expenditure growing at over 2.5 times GDP, prevailing healthcare sector cost structures are driving demand for more efficient healthcare service delivery models," the ...

Chief economist update: Water, water everywhere and not a fish to catch

BENJAMIN ONG  |  THURSDAY, 19 MAR 2020
... being implemented to mitigate the downdraft of the global lockdowns would erode fiscal balances, sending government deficit to GDP ratios and government debt to GDP ratios soaring. Cash is king. Sure, sure. Zero return on cash (or even small negative) ...