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Showing 571 - 580 of 2540 results for "Minister"

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... funds from the Reserve Bank of Australia rather than superannuation funds. It comes as the industry responds to Prime Minister Scott Morrison's proposal to allow Australians financially impacted by the coronavirus to withdraw up to $20,000 over the ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
Although the outlook for 2020 looks bleak, recovery is on the cards for 2021, according to IMF managing director Kristalina Georgieva. Following a conference call of G20 finance ministers and Central Bank governors Georgieva said that while the human ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... and increased demand - and Houston, we definitely have a growing problem. China's total lockdown worked. UK Prime Minister Boris Johnson has now implemented his own version. Australia needs to nip the virus in the bud and lock us down before infections ...

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... allowance is higher than historic withdrawals, but a better option than freezing the superannuation guarantee. Prime Minister Scott Morrison yesterday announced Australians will be able to withdraw up to $10,000 from their superannuation for the next ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
As Prime Minister Scott Morrison updated Australians about the measures being taken at home to stop the spread of COVID-19, other nations around the world have announced their stimulus packages to cushion the economic burden. The largest, unsurprisingly ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... the collapse of Lehman Bros. News that Tom Hanks and wife Rita tested positive for the coronavirus and Canadian prime minister Justin Trudeau and wife Sophie are in self-isolation - aside from earlier reports of that ministers (health ministers) in some ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... government said the payments will begin at the end of March and over 90% are expected to be made by mid-April. Prime Minister Scott Morrison said the government's stimulus package will ensure Australia is well placed to combat the health and economic ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... SG, Australians may actually lose out on investment gains that could be made as the economy bounces back. "As the Prime Minister said today, the global economy will bounce back on the other side of this health shock," Fahy said. "Pausing SG contributions ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... upon us and as a result, as a government, we need to take the steps necessary to prepare for such a pandemic," Prime Minister Scott Morrison said. The Federal Government this morning announced a $17 billion stimulus package focused on wage subsidies ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... to withstand another drop, particularly given that markets typically fall 30-40% during recessions." It comes as Prime Minister Scott Morrison told a crowd of business leaders at the AFR's Business Summit the economic impact of the coronavirus in ...