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Showing 51 - 60 of 295 results for "Business investment"

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... government has made the correct call in betting on an investment-led recovery. "We know that before the crisis business investment was weak. There is not much here that makes me think we are going to see a boom in consumer activity," Woods said. "The ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... individuals and businesses in the 2020/21 budget in an effort to boost consumption in the economy and support business investment. Over 99% of businesses will be able to write off the full value of any eligible depreciable asset up to $150,000 in the ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... quarter from 6.0% in the previous one. The same COVID-19 uncertainty has also prompted a 6.5% dropped in private business investment in the June quarter. The weakness in domestic and international demand and the disruption to supply chains around the ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... falling by 5.9% in the three months to June versus expectations for an 8.4% drop but the latest contraction in business investment marked the sixth consecutive quarter of decline and is the sharpest since the March 2016 quarter - one of the factors that ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... infrastructure projects ; reducing the company tax rate to 25% for all companies to promote international business investment, economic growth and employment; abolish stamp duties on insurance products and property transactions ; as well as lowering ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... second-quarter decrease in real GDP reflected decreases in consumer spending, exports, inventory investment, business investment, and housing investment that were partially offset by an increase in government spending. Imports, a subtraction in the calculation ...

Government urged to extend stimulus

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... levels, and ongoing caution temper consumption. Reduced demand, more fragile finances and uncertainty weigh on business investment," it said. "These headwinds are larger in the double-hit scenario due to prolonged financial stress, together with greater ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... profit-led, he explained. "Wage growth can lead to growth in consumer spending, profit growth can lead to growth in business investment," Keating said. While very large increases in real wages can dent economic growth, wage rises can boost consumer demand ...

Road to recovery

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... "Proactively respond rather than react." Belinda Allen, senior economist at Commonwealth Bank, said housing and business investment in likely to remain weak for a while longer. "Generally business investment falls quite a bit during a recession, and ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... aggregate demand and has resulted in reduced cash flow. "Household consumption is expected to be around 16% lower. Business investment is expected to be around 18% lower with falls concentrated in the non-mining sector. Dwelling investment is also expected ...