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Showing 51 - 60 of 100+ results for "Scott Morrison"

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... higher than historic withdrawals, but a better option than freezing the superannuation guarantee. Prime Minister Scott Morrison yesterday announced Australians will be able to withdraw up to $10,000 from their superannuation for the next two financial ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
As Prime Minister Scott Morrison updated Australians about the measures being taken at home to stop the spread of COVID-19, other nations around the world have announced their stimulus packages to cushion the economic burden. The largest, unsurprisingly ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... said the payments will begin at the end of March and over 90% are expected to be made by mid-April. Prime Minister Scott Morrison said the government's stimulus package will ensure Australia is well placed to combat the health and economic issues ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... a result, as a government, we need to take the steps necessary to prepare for such a pandemic," Prime Minister Scott Morrison said. The Federal Government this morning announced a $17 billion stimulus package focused on wage subsidies for apprentices ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... another drop, particularly given that markets typically fall 30-40% during recessions." It comes as Prime Minister Scott Morrison told a crowd of business leaders at the AFR's Business Summit the economic impact of the coronavirus in Australia could ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... aren't enough, governments have already implemented, or are preparing, fiscal responses. Except for Hawaii boy Scott Morrison. This from Factset: "Australia remains the holdout with Prime Minister Morrison again ruling out a fiscal response to the ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
"Getting small businesses back on their feet is critical. We want to ensure the right support is in place for small businesses as they get past the initial recovery phase of this unprecedented bushfire crisis..." These were Australian Prime Minister ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... 2021. The second headline was from today's The Australian: "Bushfires: Recovery funds to hit budget surplus". "Scott Morrison is preparing to unveil new funding and recovery measures in response to calls to fast-track financial and logistical support ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... me whatsoever. What matters to me is the human cost and meeting whatever cost we need to meet," Prime Minister Scott Morrison recently declared. More fiscal spending towards "rebuilding of bridges, rebuilding of roads and other critical infrastructure..." ...