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Showing 21 - 30 of 290 results for "Finance Minister"

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... months, turned it redder than red. Might as well because the Prime Minister and the Federal Treasurer and the Finance Minister aren't allowed to shake hands or backslap one another due to social distancing restrictions. The July Economic and Fiscal ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... COVID-19 that 360,000 registered with the Australian Tax Office to access their super early in just three days. Finance Minister Mathias Cormann was asked on ABC News Breakfast whether he was worried that 360,000 people were already trying to access ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
This week the world gained some clarity as to the true scale of the impact COVID-19 is likely to have which, in turn, made clearer the challenges the financial services industry will face in combating the pandemic's effects. However, greater uncertainty ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
Although the outlook for 2020 looks bleak, recovery is on the cards for 2021, according to IMF managing director Kristalina Georgieva. Following a conference call of G20 finance ministers and Central Bank governors Georgieva said that while the human ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... the country on a "wartime footing". New Zealand's $12.1 billion package amount to 4% of GDP, in what the finance minister said is one of the largest in the world on a per capita basis. State Street Global Advisors said that while the market has yet ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
When you read reports that police have tasered a man over an argument over toilet paper, you know that the coronavirus hysteria has come to Australia. This followed news of emptied toilet paper shelves at supermarkets that has now extended to "necessities" ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
The day you, I and Irene lost sleep over contemplating the potency of future central bank policy actions, given their sharply reduced firepower, when the next threat to the global economy comes. The coronavirus outbreak has brought that day upon us. ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... ministers will hold a teleconference this week to coordinate their response to the coronavirus outbreak, France's Finance Minister Bruno Le Maire said Monday." "Finance ministers need to ensure that their responses are "as coordinated as possible" ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... our government is moving default KiwiSaver funds away from fossil fuels, putting people and the planet first." Finance Minister Grant Robertson said the government would be changing the investment mandate from 'conservative' to 'balanced', in a bid to ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...