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Showing 31 - 40 of 290 results for "Finance Minister"

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... and staff - least of all raise pay packets. Recent news headlines picture Australian Treasurer Frydenberg and Finance Minister Cormann with big smiles on their faces as they announced an A$690 million deficit - roughly 0% of GDP, roughly a balanced budget. ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... Bloomberg report (dated July 23) shows that it's already preparing for the worst. "In a paper presented to finance minister Grant Robertson in January and later released under the OIA, Treasury suggests three non-standard measures would be available ...

Budget surplus unlikely as economy stalls: Fitch

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... year surplus, according to market analysts at Fitch Solutions. In December 2018, Treasurer Josh Frydenberg and Finance Minister Mathias Cormann announced the Federal Government had received higher than expected revenue from individual and company taxes. ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... deposed prime minister, Malcolm Turnbull, must be wishing the report was released sooner so that it wasn't Finance Minister Mathias Cormann telling us, Australians all, that: "We came into government with a plan to deliver stronger growth, more jobs ...

Chief economist update: "Quitaly"

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2018
... for a "Madriddance". The reason, as Factset put it succinctly: "Italian president Matterella rejected populist finance minister choice and called on former IMF official Cottarelli to lead a technocrat government. However, unlikely to win vote of confidence ...

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Switzer Group founder Peter Switzer argued that the Royal Commission is a "super-killing blood-sport" that will ultimately hurt super member balances. Writing in a Switzer Daily column, Switzer said he had mixed feelings about the Commission, arguing ...

Chief economist update: The yen's on the up and up

BENJAMIN ONG  |  FRIDAY, 16 FEB 2018
... manner". But the yen continued to climb - buoyed in part by the turmoil on Wall Street - and lately, Japanese Finance Minister Taro Aso's statement that: "From our perspective, the current situation doesn't warrant special intervention. The yen isn't ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... to undermine Australia's world-class superannuation system and Labor will not support it," they said. Shadow Finance Minister Jim Chalmers told the ABC that superannuation is for retirement - not for housing. "[The housing policy announced] was pitifully ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... government is expected to unveil the details of their own housing affordability measures in the May 9 budget. Finance Minister Mathias Cormann told Sky News this morning that the government's view is "that compulsory super is to generate an income in ...

Future Fund gains two board members

DARREN SNYDER  |  MONDAY, 6 JUN 2016
Federal Finance Minister Mathias Cormann recently announced two appointments to the Future Fund Board of Guardians. Joining the Future Fund Board of Guardians for a five-year term are Erin Flaherty and Michael Wachtel. Their term began on 3 April 2016 ...