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Showing 21 - 30 of 165 results for "Stimulus package"

Momentum, quality outperform in 2020: S&P

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
Quality and low volatility indices outperformed during the COVID-19 financial crash, which saw the Australian share market drop 35.9% between February 20 and March 23, according to new research coming out of S&P Dow Jones Indices. During the crash ...

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
New research has demonstrated the impact of the government's stimulus package and early release of superannuation program, with a sharp uptick in consumer spending. The data from illion and AlphaBeta, part of Accenture, found consumer spending in Australia ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... recovery was facilitated by massive monetary and fiscal spending. The US Congress passed a US$2 trillion emergency stimulus package in efforts to lessen the toll on the newly-unemployed - the unemployment rate jumped a 50-year low of 3.5% in March to ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... total number of infection cases in the country was only 500 at the time. The government announced an economic stimulus package - worth around 1.7 trillion rupees ($22.5 billion) two days later to support families and workers affected by the virtual of ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... significant efforts, zeroing in on fraud and schemes designed to take advantage of the government's COVID-19 stimulus package. This includes JobKeeper, early release of superannuation, and boosting cash flow for employers. ATO deputy commissioner Will ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... Amari, had recently been quoted announcing that: "The government is expected to compile a full-scale economic stimulus package to support growth this fall as the previous two were to protect lives, jobs and firms. In that sense, comprehensive steps to ...

We cannot prevent the blow: PM

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
Prime Minister Scott Morrison said the government will not extend stimulus packages, saying they would dull the dynamism of the economy. Delivering a speech to the Committee for Economic Development of Australia (CEDA), Morrison said that despite wide ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... has already prompted Germany -- the poster boy of fiscal responsibility - to announce a €130 billion fiscal stimulus package - more than the expected €80-€100 billion. Hopefully, it would change dissenter nations' - Austria, Denmark, the Netherlands ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
For the second consecutive month, Australia's MySuper options have generated positive returns, after a couple of negative months due to the COVID-19 pandemic. Latest Rainmaker research shows the average return for MySuper products in May was 2.1%, which ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... date of around $6 billion. Further use of this facility is expected over coming months." Lowe said despite the stimulus package working well, the outlook for the Australian economy is cautiously optimistic. "The Australian economy is going through a ...