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Showing 41 - 50 of 165 results for "Stimulus package"

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... designed to make people feel guilty about seeking help when they are most vulnerable." However, the government's stimulus package and extra $550 a fortnight for those on JobSeeker payments means that people who access Centrelink for the first time during ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... their retirement plans such as 401(k) plans, 403(b) plans and traditional IRAs, as a part of its US$2 trillion stimulus package, called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Those who have been diagnosed with COVID-19, have ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... the 'AAA' rating level." The ratings change comes after the federal government announced a $320 billion stimulus package, representing 16.4% of GDP. "The government is acting decisively in the national interest to support households and businesses ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... at 2018) in the world, the government has been pushed into spending and borrowing some more - it announced a stimulus package worth ¥108 trillion yen or 20% of GDP. Japan's credit rating will certainly take a hit but its increased fiscal measures ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
The extraordinary COVID-19 stimulus package is in front of Parliament today, with what is expected to be a trillion dollar debt being scrutinised by politicians. Parliament met today to discuss the government's $130 billion JobKeeper payment, which ...

Boutique hires star analyst from Citi

KANIKA SOOD  |  TUESDAY, 7 APR 2020
An equities analyst from Citi who has topped the StarMine Awards in the past has jumped to a boutique manager. David Lloyd is joining $12 billion Ausbil's equity research team which is led by Nicholas Condoleon. Lloyd covered listed real estate and ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... COVID-19 to access up to $20,000 of their super over two years. "We've been trying to deal with the government's stimulus package and how we can help as many consumers as possible understand what the government is offering and how to provide financial ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... contained," the US Labor Department said. It comes a week after US President Donald Trump signed a US$2 trillion stimulus package, the largest in the country's history. At the time, House Speaker Nancy Pelosi told the Public Broadcasting Service that ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
Deloitte Access Economics is urging Australians to leave their concerns about the budgetary impact of Australia's response to COVID-19 at the door. New analysis by Deloitte Access Economics partner Chris Richardson shows Australians needn't be concerned ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Panicked, stressed people are making rash decisions and falling victim to scams as they navigate the economic fallout of COVID-19 - but compliance has left some financial advisers and service providers feeling hamstrung in helping. Meg Heffron, managing ...