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Showing 421 - 430 of 2878 results for "The Economy"

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... current pandemic and outcomes of the economic environment caused by it," De Gori said. "This is a positive budget for the economy, with a focus on jobs, growth and supporting the disadvantaged. We will be working closely with members to ensure they understand ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... or 40.9% of GDP in June 2025." But as Frydenberg points out, "This is low by international standards. As a share of the economy, net debt is around half of that in the U.K. and U.S. and less than a third of that in Japan". The final words of the treasurer ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... the National Disability Insurance Scheme. Frydenberg rounded out his speech with the outlook for Australia, saying the economy is forecast to grow by 1.25% in 2020/21 and rise to 4.25% in 2021/22. And this budget will help create more than 250,000 additional ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... expected unemployment rate. The unemployment rate currently sits at 5.6%, which is lower than pre-pandemic levels, and the economy contracted just 2.5%. It is forecast to reach 4.75% in the June quarter of 2023 - the first time since the years leading ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... sector will pull up real estate," Siva said. The car-manufacturing industry will also have a significant effect on the economy. At the moment, major companies are partnering with local car makers, building on the success of existing joint ventures like ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... not a spring make but the disappointing jobs numbers justify the Fed's belief that considerable slack remains in the economy and, therefore, little upward pressure on inflation. Ergo, the US Federal Reserve will continue to keep monetary policy settings ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
The government has announced a $1.2 billion investment to support the digital transformation of the economy and measures to encourage business investment in technology, ahead of the federal budget. The digital economy strategy includes $111.3 million ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... BOE believes that while this strong growth outturn - and as some of the direct and indirect effects of COVID-19 on the economy fades - would send CPI inflation above the bank's 2.0% target towards the end of 2021, this would only be temporary and ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... mainly in the face-to-face services sector, is expected to be lower than that prior to the pandemic for the time being, the economy is likely to recover, with the impact of the novel coronavirus (COVID-19) waning gradually and supported by an increase ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... the general economy at the conclusion of its 27-28 monetary policy deliberations, it cautioned that, "The path of the economy will depend significantly on the course of the virus, including progress on vaccinations" and while measured inflation has risen ...