Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 471 - 480 of 2165 results for "Recovery"

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... country have deferred or reversed further reopening plans, according to Goldman Sachs. This should stall the fledgling recovery at best... and it may already be underway. "Bloomberg highlighted five indicators of the recent slump: a decline in hours ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... the Great Lockdown, in the absence of a solution to the health crisis, huge uncertainties remain about the path of the recovery," the IMF said. "The top priority is still public health. Policies that attenuate health risks contribute substantially to ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
... 0.2% in April and by 4.2% in May, after dropping by 1.7% in March. This comes amid recent statistics highlighting the recovery in business activity: industrial production grew by 4.4% in the year to May - the third straight month of improvement after ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... Fidelity International cross asset specialist Anthony Doyle argued the country was unlikely to experience a consumer led recovery. "Given the outlook, it is important that savers understand the ramifications that the current low-interest rate world will ...

US surpasses Asia Pacific for HNWI growth

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
... Exchanges estimates that COVID-19 erased more than $18 trillion from markets in February and March 2020 before a slight recovery. Capgemini projected a decline of between 6% and 8% in global wealth until the end of April 2020. Capgemini believes this ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... loans for an additional four months, in a bid to avoid a 'fiscal cliff' in September and aid in the country's economic recovery. Those who can restart paying back their loans will be required to do so at the end of their six-month deferral period. However ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... in the UK (aided by monetary and fiscal stimulus measures) - like in most other nations around the world - sparked a recovery in economic activity, underscored by the rebound in the IHS/CIPS purchasing managers indices (PMI). The manufacturing PMI rose ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... spend. But, consumers still expressed optimism with more than two-thirds either confident or neutral to the prospects of a recovery over the next six months. "Super funds do need to increase engagement with members - the survey shows it is less frequent ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... suggesting the worst of the global economic contraction has now passed. Despite this, the outlook remains uncertain and the recovery is expected to be bumpy and will depend upon containment of the coronavirus." Lowe said globally, conditions in financial ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... activity in the state would have flow-on repercussions on its neighbours that will, ultimately, delay the country's recovery from recession and/or deepen the ongoing GDP contraction. This, as much, was what Federal Treasurer Josh Frydenberg said ...