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Showing 401 - 410 of 1401 results for "Household"

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... chief economist David Bassanese agreed that the budget's initiatives seemed "well designed" in providing a boost to household and corporate spending. "If a vaccine is also made widely available by early next year, the economy would be set up to truly ...

Fidelity launches global fund

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... minimum initial investment is $25,000. The fund managers said there is a lot more to global investing than the mega-household names like Apple and Amazon. "The small- and mid-cap portion of the market offers investors exposure to inefficiently priced ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia (RBA) deputy governor Guy Debelle address at the Australian Industry Group's (AiG) September 22 virtual conference sparked a second wave - a second wave of negative interest rate speculation, that is. It was last on the ...

Advice too expensive, hard to access: FPA

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
New research has revealed COVID-19 has altered Australian spending behaviour, with more households in a fragile financial position than ever before and facing reduced access to financial advice. The research from CoreData, presented at the Financial ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
The Reserve Bank of Australia (RBA) said there are signs of weakness in domestic economic conditions and a high level of uncertainty, when the board met for its September meeting. In considering the policy decision, the RBA said members observed that ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
While we, Australians all, continue to shudder at the economy's first recession in 29-years, our nation - to use Old Blue Eyes' song - remains "Top of the list, King of the hill, A number one..." It may not be Einstein's "relativity theory" ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... definition of a recession. The details of the National Accounts show exactly what one expects of an economy in lockdown. Household consumption - which accounts for around 60% of national output - dropped by 12.1% in the June quarter and subtracted 6.7% ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... Bank, said the contraction was greater than anticipated, but is still not as scary as it seems. "The miss for us was on household consumption, which was always the key source of uncertainty," he said. "The fall in GDP over Q2 20 was the biggest quarterly ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
The long-run rise in household indebtedness has increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
"I love you more today than yesterday But not as much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but ...