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Showing 31 - 40 of 113 results for "Jobkeeper"

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... divide between the Morrison government (the barber) and labour unions and Labor (shampoo makers) with regards to the JobKeeper scheme, which is set to end on March 28. The "shampoo-ers" argue that withdrawing JobKeeper "prematurely" would cause the country's ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... JobMaker Plan". And just as Federal Treasurer Josh Frydenberg ruled out the possibility of extending the government's JobKeeper scheme beyond the end of March this year - taking money out - in its first meeting for 2021 is virtually increasing liquidity ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... and employment. Likewise, with Treasurer Josh Frydenberg ruled out the possibility of extending the government's JobKeeper scheme beyond the end of March this year, the onus of Australia's complete resurrection falls back onto the RBA's shoulders. ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... research (34%). Interestingly, 35% of Victorians invest to earn more income, particularly for those on reduced salaries or JobKeeper, while 24% of West Australians don't have other employment than investment income. Nearly one third of investors in NSW ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... should underpin strengthening domestic demand, and therefore, upward pressure on prices. The risk is that the end of the JobKeeper and JobSeeker subsidies slated for the end of March this year would depress consumer spending, leading to discounting and ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... resurgence in domestic and overseas COVID-19 infections over the month and the Morrison government's scaling back of its JobKeeper subsidy payments three months earlier. The latest employment number has reduced the total jobs lost this year from ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... the economic outlook, including higher-than-expected receipts and a lower-than-expected number of people receiving the JobKeeper Payment. This has been partly offset by additional policy decisions to support the economic recovery and secure access to ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... continued to save at elevated levels during the September quarter. Continuing government income support packages such as JobKeeper, economic support payments, and early access to superannuation were listed by the ABS as key drivers of the increase in ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... recovery from the worst recession since the Great Depression of the 1930s. The government for its fiscal support measures - JobKeeper, JobSeeker, HomeBuilder; the RBA for its quick response in providing liquidity; and us, Australians all, for generally ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... bringing in $23.3 billion down 1.8% compared to the previous year. However, APRA said employer contributions were buoyed by JobKeeper payments and increased by 4.1%. Benefit payments for the September 2020 quarter of $33.9 billion were slightly lower ...