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Showing 511 - 520 of 2878 results for "The Economy"

Disruption not sustainable: Schroders

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... agreed that fossil fuels are on the way out but said that someone needs to invest in the grid as it is the lifeblood of the economy and businesses wouldn't exist without it. "The investment needed for decarbonisation will come from companies within the ...

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... towards male-dominated industries and will do little to address entrenched social and gender inequality holding back the economy. "It's particularly disappointing that the government did not look at childcare reform to broaden access to affordable ...

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... the significant impact the coronavirus pandemic is having on Australia's economy and public finances," Fitch said. "The economy will contract in 2020 and government spending in response to the health and economic crisis will cause large fiscal deficits ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury is unleashing onto the economy. Treasury said this huge cash splash seeks "to responsibly deal with the greatest challenge of our time" and "rebuild our ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... providing a boost to household and corporate spending. "If a vaccine is also made widely available by early next year, the economy would be set up to truly boom in 2021 - raising the prospect of interest rates increases, rather than further cuts," Bassanese ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... raft of tax relief measures for individuals and businesses in the 2020/21 budget in an effort to boost consumption in the economy and support business investment. Over 99% of businesses will be able to write off the full value of any eligible depreciable ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... plan for social housing, cheaper and cleaner energy, or to address the crisis in aged care. No plan to kick-start the economy, boost productivity, increase participation, or lift the speed limit on growth." Chalmers said while the average Australian ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... unemployment to peak at around 8% in the December quarter of this year, before falling over the next few years as the economy recovers. Without support like the JobKeeper program, the government forecasted that unemployment would be between 11% and 13%. ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... with the greatest challenge of our time," Frydenberg said. "By comparison, Australia's net debt as a share of the economy will peak at half of that in the United Kingdom, around a third of that in the United States and around a quarter of that in ...

NAB recruits 500 in hiring spree

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... Bank has hired 500 new employees to its private and business banking division, in a bid to get the "engine room of the economy firing again". It comes following the recruitment of 52 people to support NAB's private bank and 400 recruits hired to support ...