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Showing 491 - 500 of 2153 results for "Extra"

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
A joint-agency investigation into an elaborate $17 million fraud has resulted in charges against 12 people. Australian Federal Police (AFP) investigators executed search warrants at 10 locations across Sydney, nine in south-east Queensland and two in ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... COVID-supplement payment post-December," Morrison said. The extension of the JobSeeker program will cost the federal government an extra $3.8 billion, bringing the total cost of the program to $16.8 billion. The JobKeeper wage subsidy scheme had been ...

Chief economist update: Haste makes Budget waste

BENJAMIN ONG  |  TUESDAY, 21 JUL 2020
... ("criminal misconduct'?) in Victoria's quarantining measures, but these could have been discovered and dealt with given extra time. Like the saying in my country of birth goes, "those who run in haste will have spikes buried deeper in their feet"... ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
"Sweet days of summer, the jasmine's in bloom July is dressed up and playing her tune... Summer breeze, makes me feel fine, blowing through the jasmine in my mind" -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
"As the economy reopens, incoming data are beginning to reflect a resumption of economic activity: Many businesses are opening their doors, hiring is picking up, and spending is increasing. Employment moved higher, and consumer spending rebounded strongly ...

US surpasses Asia Pacific for HNWI growth

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
For the first time in eight years, more high net worth individuals (HNWI) emerged in North America than in the Asia Pacific region. This is according to the World Wealth Report 2020, produced by Capgemini. HNWI wealth and population grew by almost 9% ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... treat all shareholders fairly," an ASX spokesperson said. However, these companies could still seek shareholder approval for extra capital raising capacity or rely on existing capital raising mechanisms, he said. The ASX said it had consulted with ASIC ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
The balanced options of the majority of the country's super funds are only just in the red after suffering through an unprecedented period of market volatility. Rainmaker Information executive director of research Alex Dunnin argues they have made ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
US Federal Reserve chair Jerome Powell has painted an optimistic picture of developments in the US economy while at the same time warning of extraordinary uncertainty. "As the economy reopens, incoming data are beginning to reflect a resumption of economic ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... the unemployment rate - which stood at 7.1% in May after climbing up from 5.2% in March - Grattan says. Grattan says the extra needed in stimulus spending should include temporary as well as permanent measures, and must be announced soon, by or during ...