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Showing 391 - 400 of 1882 results for "GDP"

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... "Ironically, Beijing's foot is already on the accelerator," Green said. "The official government deficit is around 3-4% of GDP, that's the numbers the government reports." However, he pointed to infrastructure development debt as a key reason ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... For sure and for certain, this would take a toll on China's already slowing economy. The magnitude of the hit on Chinese GDP depends on how quickly (or not) COVID-19 is contained. The magnitude of the hit on Chinese GDP will determine the extent ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... current state of the economy -- a stock market rocketing to then-record highs and unemployment at multidecade lows -- though GDP growth was higher at that time." It gets better. "Americans are also expressing peak optimism about their future personal ...

Pension assets climb towards $50 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... said the superannuation system has never been more important to the financial welfare of Australians. "Assets are now 151% of GDP. Large asset owners have the opportunity to shape the next 10 years and are increasingly rising to the challenge of ensuring ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... stats suggest that Carney is leaving the UK weaker than when he found it. When Carney assumed the position on 1 July 2013, UK GDP growth was clocked at 2.9% (in the year to the June 2013 quarter), it slowed to 1.3% (September 2019 quarter). The January ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... short-term slowing, "Our current estimate is that over the December and March quarters, the fires will have reduced Australian GDP growth by around 0.2 percentage points...The drought is also continuing to act as a drag on the economy and is expected ...

Chief economist update: Coronavirus threatens Tokyo Olympics

BENJAMIN ONG  |  FRIDAY, 7 FEB 2020
... production: 46.7 trillion yen (4.9% of gross domestic output) Value-added inducing effect: 23.7 trillion yen (4.9? of Nominal GDP) Employment inducing effect: 3.94 million people (6.1% of nationwide employment) My back of the envelope calculation shows ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... that government grants and insurance payments will assist many people," Lowe said. "On this basis, our assessment is that GDP growth for 2020 as a whole will be largely unaffected. There is, however, likely to be a noticeable effect across the December ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... process. "Our economists estimated that a halving of the gap between male and female participation would see the country's GDP would benefit by $60 billion over 20 years, while cumulative living standards would be raised by up to $140 billion," Elkins ...

Asia is way forward for global economy: DWS

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... spreading the wealth effect. "So, it's not just about China and how much money can be thrown into infrastructure to get a good GDP number. The consumption growth and the service growth are of a much higher quality." Taylor said that while the overall ...