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Showing 641 - 650 of 2469 results for "Budget"

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... deteriorated since the government's initial Economic Response announced on 12 March 2020." The ratings agency said the enlarged budget deficit is expected to remain for the next two years, but is expected to ease due to the overall strength of Australia's ...

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 ...

Self-isolation to accelerate secular trends

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... maintaining superior products to the American giant. "Like Google, Microsoft has an unparalleled research and development budget that should negate any specific product weaknesses over time," Mitchell added.

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... lines of their pronouncements that he and Treasurer Frydenberg still wanted to have the bragging rights to bringing the budget back into surplus. Not anymore. The coronavirus has forced Morrison to make good on the statement he made even before the last ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... this financial year, as well as an additional $10,000 over the 2020-21 financial year. The measure is expected to cost the budget up to $1.2 billion over the forward estimates, with the government set to allow Australians to access the funds tax-free. ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... billion stimulus package. Frontier said at the current levels, the stimulus will translate into a $6 billion deficit for the budget. However, a slowdown in government's revenue, from items such as tax receipts, could widen the deficit to $42 billion. ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... three days earlier; the European Union plans to launch a €37 billion euro investment initiative, allow flexibility on budget deficits and use €1 billion in funding to guarantee company loans. The Australian government, too, has recently announced ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
It's official! The World Health Organisation (WHO) has declared COVID-19 a pandemic. Uh, scary! But what's in a word? According to the ABC : "An outbreak is a sudden rise in cases of a disease in a particular place. An epidemic is a large outbreak. ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... these so-called "orange zones", except for work or emergencies." Overtourism solved! Then there's that bugbear of a budget deficit the new populist Italian government argued with the European Union about a little over a year ago. Brussels was worried ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... fairness and complication in planning for retirement, which formed the basis for its recommendations. SCA said the set of budget standards that were set by the Association of Superannuation Funds Australia (ASFA) are not reliable and overstates how much ...