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Showing 21 - 30 of 397 results for %22Great Financial Crisis%22

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
At the ASFA Conference, former deputy prime minister and Cbus chair Wayne Swan called superannuation a great triumph of social-democratic policy as it's become a major source of social stability. The world has become a more dangerous place, its ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... industries. "Markets eventually react to this gap between perception and reality - which is what happened with the 2008 Global Financial Crisis," he said. "The Treasurer should establish and finance a sovereign wealth fund managed by a trust comprised ...

Guy Debelle resigns from RBA

ELIZABETH MCARTHUR  |  THURSDAY, 10 MAR 2022
... bank for the past 25 years and contributed to improving the welfare of the Australian people," Debelle said. "The bank is a great institution which serves Australia well, including most recently through the policy response to COVID which has helped the ...

Active Super adds board director

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
... committee where he was able to leverage his broad knowledge and experience when it came to investment matters." He has been a great asset to Active Super, Loades continued. "He has always been willing to represent the board and to take on additional ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... swings of the decades before it and so did the instances of recession (until the GFC, that is). It was the time of the "Great Moderation". However, since the global financial crisis of 2008-2009, inflation died. We've been all witnesses to half-a-century ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... The unemployment rate soared from 4.6% to 8.6% over the same period. The same scenario played out in the mid-1980s. The "great moderation" - strong growth with moderate inflation - that followed, had largely consigned stagflation to baby boomers' ...

Keep COVID-19 in perspective: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
... a chart demonstrating the growth of global GDP every two years since 1940. It showed that World War Two, the Global Financial Crisis and COVID-19 were the only worldwide recessions in that period. Ruthven said it was government reactions to COVID-19 ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... Frydenberg said. "[...] unprecedented support is seeing the country through the biggest global economic shock since the Great Depression. JobKeeper kept 3.8 million people in their job. JobSeeker helped 1.5 million people without work." However, the ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Buried deep within budget documents are several steps the government will take to further boost our financial system, including greater powers for regulators and $11.2 million to enhance super fund member outcomes. While far from the headline measures ...

Equities revenue boost for US banks

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
... according to Gilbert. "These results provide strong support that the financial sector is recovering, and the bank is in a great position to take advantage of the economic upcycle," he said. Similarly, Wells Fargo reported corporate and investment banking ...