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Showing 31 - 40 of 12548 results for economic

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... The risks of fiscal slippages are especially high given that 2024 is the "Great Election Year," with elections in 88 economic areas representing more than half of the world's population. "Support for increased government spending has grown across the ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
The average household wealth of Australia's richest 10% increased by 84% in the past 20 years, while that of the lowest 60% increased significantly less. A new report from ACOSS and UNSW Sydney's Poverty and Inequality Partnership - titled Inequality ...

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
... complement our in-house investment capability," he said. MGECO targets a portfolio that aims to be resilient across the economic cycle with an initial focus on assets in hard to access sectors and geographies that provide opportunity for growth. The ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... economy has shown "almost relentless resilience", but the threat of inflation shocks is not out of view. "The risk of economic 'breaks' are heightened in this environment and the, sometimes delayed, knock-on effects from geopolitical tensions also contribute ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... coefficient in 2019-20 was 0.318, which was close to the average of wealthy nations of 0.315, according to the Organisation for Economic Cooperation and Development (OECD), ranking the country with the 14th highest level of inequality. Further, Oxfam ...

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... The Business Council of Australia (BCA) praised the proposed reforms to company mergers as it strikes a balance between economic and regulatory needs. However, the BCA said close consultation will be required to ensure businesses aren't burdened with ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Job flexibility and a tight labour market are keeping more Australians at work, research from KPMG finds, giving rise to a delay in their retirement. The analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while ...

GIP Australia Fund surpasses new milestone

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... The fund seeks to capture attractive investment opportunities in areas that are underpinned by favorable demographic, economic, and regulatory conditions coupled with a rapidly growing demand for private infrastructure investments. The region represents ...

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... expected to grow as we continue to see the property sector respond to global decarbonisation priorities and other worldwide economic and geopolitical factors." Lill added that other drivers of demand included the re-onshoring of supply chains and the ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... offered higher returns and less volatility." The IMF said that while private corporate credit has created significant economic benefits, the migration of lending from regulated banks and transparent public markets to the more opaque world of private ...