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Showing 571 - 580 of 1754 results for "COVID"

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
... the 2001 US recession, the 2007-2009 Great Recession, the 2010-2012 European sovereign debt crisis and lately, the 2020 COVID-19 pandemic. Sure, like most other economies Japanese growth has rebounded - by 5.3% in the December 2020 quarter - after recording ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... government's early release scheme, to allow Australians to access up to $10,000 from their super if they had been impacted by COVID-19, was also the wrong policy decision. "I would have preferred that money had come from the government - which means ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... Australia's listed property sector continues to languish from the effects of the global pandemic, slumping 14% compared to its pre-COVID-19 performance. Rainmaker's Wholesale Managed Funds Performance Report found that equities delivered a mixed ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
The onset of COVID-19 led to a sharp increase in the number of scam-related financial complaints, according to new data from the Australian Financial Complaints Authority (AFCA). AFCA's half-year statistics revealed scam-related complaints made up 23% ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... end of JobKeeper and coronavirus supplements to welfare recipients at the end of this month. She'll be right, mate! COVID-19 - and its variants - have been virtually vapourised in Australia but to be safe(r), vaccines have been rollin' rollin' ...

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... uptake of business investment in Australia, which he said is slowing economic recovery. Lowe said a durable recovery from COVID-19 requires a strong and sustained pick-up in business investment. "Not only would this provide a needed boost to aggregate ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... they're more likely to find themselves living below the poverty line in retirement." Anderson said that while near-term COVID-19 challenges remain, women need to focus on replenishing their retirement funds. "The message I want to share for those women ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... and our noteholders that ASIC used the excuse of our redemption freeze to justify taking us to Court in April last year. COVID-19 had just gripped the world," he said. "We were entitled to suspend redemptions. The irony is that on 26 August 2020 ASIC ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... Report', "the rebalancing of the oil market remains fragile in the early part of 2021 as measures to contain the spread of COVID-19, with its more contagious variants, weigh heavily on the near-term recovery in global oil demand" as it revised down ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... response to coronavirus. Taking into account the significant support announced at the Spending Review 20, this means our total COVID support package, this year and next, is £352 billion," he said. "Once you include the measures announced at Spring Budget ...