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Showing 21 - 30 of 162 results for %22Corona Financial Crisis%22

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... in 1997/98, the September 11 terrorists attacks on the US and the subsequent recession there in 2001, and the Global Financial Crisis of 2008 that subsequently put many world economies into a recession. But now it's all over. A teenie-weenie microscopic ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... steepest fall on post-war era records - down 10% year-on-year - eclipsing the 8.6% contraction suffered during the global financial crisis - and down 7.8% in the three months to June. All three measures have been negative since the December 2019 quarter ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... a solid position and responded quickly to keep our people safe and our customers in need protected through access to financial relief measures. At the same time, we have maintained the financial and operational strength of our business." The board determined ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... deliver returns for all members, even those who did not touch their super. "ERS has been very important for those in financial distress, but if this scheme continues we are changing the role of super and we would begin to operate more like banks with ...

Finance employees remain fearful

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... have numerous concerns on the risks of returning to the office. According to LinkedIn's Workforce Confidence Index, the financial services sector ranked second in terms of individual confidence, which encompasses workers' ability to get and keep a job ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... the rate of joblessness remains worryingly high - it's still higher than the 10.0% peak recorded during the great financial crisis. This is concerning because my back of the envelope calculations show that the US economy has lost a total of 12.4 ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... you need it most," she tweeted. She followed this up by calling out shadow assistant treasurer and shadow minister for financial services Labor MP Stephen Jones who claimed the Liberal party is opposed to superannuation as a whole. "The Liberal's opposed ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... years and an almost equal number of promises later from both sides of the political divide. The Mid-Year Economic and Financial Outlook (MYEFO) - released in December 2019 - predicted a A$5.0 billion (+0.3% of GDP) surplus in FY2019/2020 and A$6.1 billion ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... that it was China's double-digit growth (when almost everybody else was falling into a recession) during the global financial crisis that helped keep recession away from the Australia. Australians all would be rejoicing at the swift recovery in China's ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... according to the research. State Street head of investments Australia Jonathan Shead said that while the short-term financial implications of the pandemic are front of mind for many, State Street were interested to see whether those worries changed long-term ...