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Showing 531 - 540 of 1326 results for "Pandemic"

Equip, Catholic appoint acting CIO

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... successful joint venture and SFT, and acknowledge her team's work guiding us through the disruption of the Covid-19 pandemic."

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
"Australia's economic recovery is now well underway and we must keep the momentum going... but, this pandemic is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... until 2023 against losses incurred in the years following 2018 to assist companies that were profitable prior to the pandemic. Both the incentives will apply to small to medium businesses with turnover of up to $5 billion and is expected to apply to ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... Australia better placed than just about any other country to meet economic challenges that lie ahead due to the ongoing pandemic. Australia's deficit will reach $161 billion this year before falling to $57 billion in 2024/25 ; $52.7 billion below ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... significantly lower than expected unemployment rate. The unemployment rate currently sits at 5.6%, which is lower than pre-pandemic levels, and the economy contracted just 2.5%. It is forecast to reach 4.75% in the June quarter of 2023 - the first time ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... of Health and Welfare, has reached crisis point. This has been exacerbated by weaknesses exposed during the COVID-19 pandemic, particularly among privately managed aged care facilities that account for 40% of the sector. The budget also contains initiatives ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
... This represents a 31.4% increase from end-2020's closing price of US$163.93/tonne and a whopping 175% rally from the pandemic low of US$78.33/tonne plumbed on the 3rd of February 2020. Favourable demand and supply conditions have put a rocket from ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... medium term. Still, the BOE cautions that the economic outlook remains uncertain and depends on the "evolution of the pandemic" while at the same time providing assurance that, it stands ready to increase the pace of bond purchases "should market functioning ...

Schroders launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... above benchmarks." He added that China is now leading other countries in terms of its economic recovery following the pandemic, and industrial activity has improved while domestic consumption is almost back to pre-pandemic levels. "The share of Chinese ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... Japan's economic activity, mainly in the face-to-face services sector, is expected to be lower than that prior to the pandemic for the time being, the economy is likely to recover, with the impact of the novel coronavirus (COVID-19) waning gradually ...