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Showing 501 - 510 of 6511 results for "News"

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... the Australian economy is recovering coupled with the tapering of superannuation withdrawal requests. "In further positive news the latest APRA figures on superannuation withdrawal requests show fewer than half of the initial 3.4 million applications ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
"The circulation of confidence is better than the circulation of money." - James Madison We, Australians all, are in a good place for not only do we have more money thanks to the Reserve Bank of Australia (RBA) and the Morrison government's largesse ...

Advice associations join forces

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
The Association of Independently Owned Financial Professionals (AIOFP) has formed a strategic alliance with Tax & Super Australia (TSA) in a bid to have a louder voice when lobbying for the industry. The alliance will have a membership base of 10,000 ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
However it's measured, economic growth has rebounded in the Land of the Rising Sun from the depths of the huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
... becomes widely distributed. Speaking of the vaccine, China's also turning this into an opportunity. On December 6 ABC News reported that: "China's fledgling pharmaceutical industry has at least five vaccines from four producers being tested in ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... this time) and vaccine optimism. They'll surely be game changers. In the meantime, Wall Street's back to the bad news is good news meme witnessed during the Global Financial Crisis. The bad-er economic news gets, the good-er would be policy responses ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
If not for its ongoing diplomatic and trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
Team Australia has done it! There are still some naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... June) and growth of 3.2% in 2021 (stronger than the 2.6% projected six months earlier). But as RBA points out: "This is good news, but the recovery is still expected to be uneven and drawn out and it remains dependent on significant policy support." ...

WTW calls for more investment in China

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
Willis Towers Watson (WTW) has called for greater investment in China despite rising tensions between Australia and China which has led to several trade disputes and ongoing vitriol between leaders. The two research papers from WTW said Chinese assets ...