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Showing 51 - 60 of 605 results for "IMF"

Banking crisis more likely in conflicted countries: IMF

ELIZA BAVIN | THURSDAY, 30 JUL 2020

... banking crisis are 2.5 times higher if it is affected by a conflict, according to research from the International Monetary Fund (IMF). IMF economist Rasmane Ouedrago and senior resident representative in South Africa Montfort Mlachila found that while ...

Aussie equities stage recovery

ELIZA BAVIN | TUESDAY, 21 JUL 2020

... predictions by both the International Monetary Fund and the OECD around the slow global economic recovery. In Australia the IMF expects GDP to fall by 4.5% this year, a 2.2 percentage point improvement from its April forecast. "The All Ordinaries index ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN | MONDAY, 13 JUL 2020

... been necessary to increase health capacity, replace lost household income and prevent large-scale bankruptcies. However, the IMF said, the policy response has also contributed to global public debt reaching its highest level in recorded history, at over ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG | THURSDAY, 2 JUL 2020

... activity has ground to an almost (except for essential services) complete stop, sending the global economy in recession. The IMF predicts that world economic output will drop by 4.9% this year (after an estimated expansion of 2.9% in 2019). The OECD ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG | WEDNESDAY, 1 JUL 2020

... central banks, offering forward guidance that monetary policy would remain accommodative going forward. So much so, that the IMF forecasts global growth to rise from 2.9% in 2019 to 3.3% in 2020 and the World Bank projects growth of 2.5% in 2020 from ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG | MONDAY, 29 JUN 2020

... Latest forecasts by the Organisation for Economic Cooperation and the Development (OECD) and the International Monetary Fund (IMF) tells the same story. The 'OECD Economic Outlook, June 2020' report shows the Eurozone economy contracting by more ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG | THURSDAY, 25 JUN 2020

... higher in the US (0.74%); Brazil (0.6%); Russia (0.4%); and equals New Zealand (0.03%). The International Monetary Fund's (IMF) recently-released 'World Economic Outlook, June 2020' update reinforces the luck of Australians (sorry Ireland). ...

Profound uncertainty remains: IMF

ELIZA BAVIN | THURSDAY, 18 JUN 2020

The International Monetary Fund (IMF) said in surveying the economic landscape, the sheer scale and severity of the global lockdown has been striking. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the "Great ...

Litigation funders will need AFSLs

ELIZABETH MCARTHUR | FRIDAY, 22 MAY 2020

... amendments are expected to take effect in three months. Australia's largest litigation funder, the merged Omni Bridgeway and IMF Bentham supported the call for regulation last week as the parliamentary joint committee inquiry into class actions and litigation ...

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG | THURSDAY, 7 MAY 2020

... the Fed in July, September and October 2019. Until the coronavirus became a pandemic, that is. In its April WEO update, the IMF declared that, "Among emerging market and developing economies, all countries face a health crisis, severe external demand ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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