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Showing 51 - 60 of 91 results for "Bushfires"

Pension assets climb towards $50 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... ensuring that their assets are managed responsibly," she said. "In particular, the presence of natural disasters like bushfires has put sustainability in the spotlight." Melville said she expects to see the allocation of capital grow in importance, especially ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ...

Pro-bono advice program for bushfire affected launches

ELIZABETH MCARTHUR  |  THURSDAY, 6 FEB 2020
... superannuation, debt management, replacing lost income and helping people to rebuild and plan for the future financially after the bushfires. "We expect those affected will face significant financial pressures requiring the support and expertise of a ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... current quarter. Lowe said that while it is still difficult to be precise, the bank estimates that the effects of the bushfires will reduce GDP growth by around 0.2 percentage points across the two quarters. On the uncertainty caused by the outbreak ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
... January, despite a dour outlook for the economy and company profits. "In our view, the impacts of Australia's tragic bushfires and the unfolding coronavirus outbreak could dent the second half outlook for a number of companies and potentially lead to ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... fiscal spending - intended to provide relief and help in the recovery of the communities and businesses devastated by the bushfires - and the relative improvement in global macro dynamics, should underpin stronger gains in the labour market, and by extension ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... Energy, Spark Infrastructure, and AusNet Services. It comes just three days after Super Retail Group announced that the bushfires had impacted returns and more than one week after fashion retailer Mosaic reported that a significant number of stores had ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... release its December 2019 update on the labour market today. However, the estimates are likely to be distorted by the bushfires so take extra care with interpretations. The latest reading on consumer sentiment supports expectations for more RBA rate ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
... provided." Like every other person on planet Earth, Mr. Morrison is severely affected by the devastation wrought by the bushfires and is now employing all means in his power to provide relief and recovery to all those affected. It's a pity that this ...

Insurers halt sales to fire-affected areas

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
... Both insurers have suffered profit hits due to an increased number of insurance payouts as a result of the devastating bushfires that have ravaged the country. Suncorp reported a reinsurance protection program with enhanced natural hazard protection ...