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Showing 421 - 430 of 1401 results for "Household"

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... 0.868% of the GDP of the United States and 15% of US existing home sales. His fortune is 2,944,647 times the median US household income. Other tech titans also enjoyed a surge driven partly by lockdown measures keeping people at home and helped by the ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... will be other metrics of the labour market and the growth in hours worked that become more important for thinking about household incomes as will any tapering of the JobKeeper program that is announced next week." An announcement on JobKeeper from Prime ...

Billionaires targeted in Twitter bitcoin scam

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Billionaires such as Elon Musk, Jeff Bezos and Bill Gates were among the household names that had their Twitter accounts hacked to promote a bitcoin scam. The official Twitter accounts of many notable people, including former President Barrack Obama ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
The Bank of Japan (BOJ) took a breather in July, keeping its monetary policy settings and asset purchases unchanged, promising that: "For the time being, the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... Instead, state premier Dan Andrews suspended the planned easing of restrictions for restaurants and pubs, and limits on household and public gathering were suspended (some even tightened) until midnight of the 12th of July as cases of infections grew. ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... sharp decline in global output, a massive fiscal response has been necessary to increase health capacity, replace lost household income and prevent large-scale bankruptcies. However, the IMF said, the policy response has also contributed to global public ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
New research has revealed the true value of advice, as the mental and financial wellbeing of Australia's unadvised population suffers from the impacts of the COVID-19 crisis. Fidelity International's latest Pulse Survey, which gauged the mental and ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
The United Kingdom has followed the script dictated by the coronavirus pandemic in much of the world. On March 23, the government imposed strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons. ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
A Monash University lecturer has pushed the case for a GST holiday, which he argues is the most effective way to generate "maximum economic bang for the government's buck". In an opinion piece for The Conversation, economics lecturer Isaac Gross argued ...

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
A draft report into reforming GST and reducing inefficient taxes has reignited calls for the scrapping of stamp duty when buying or selling a home, to be replaced by a broad-based land tax. The NSW Review of Federal Financial Relations draft report ...