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Showing 731 - 740 of 911 results for "Deficit"

China's smoking gun

ALEX DUNNIN  |  WEDNESDAY, 6 MAY 2009
... systems, largely to meet the growing geopolitical challenge of China in South East Asia. No wonder next week's federal Budget Deficit is expected to approach $70 billion and take six years to come back into surplus. With all this going on, super funds ...

They will, they won't

BENJAMIN ONG  |  TUESDAY, 5 MAY 2009
It'll be another case of "will they, won't they" today as the Reserve Bank of Australia (RBA) holds its regular monthly Board meeting. Will they, won't they? The RBA lowered the country's official cash rate to an even 3 per cent last month. This represented ...

Budget me a recovery

BENJAMIN ONG  |  MONDAY, 4 MAY 2009
... taxes of high wage earners to bring the budget back in balance. In 2009, US President Barack Obama promised to halve the deficit by the end of his first term. Part of his plan to do this? Raise income taxes on those earning US$250,000 and above. The ...

UK budget cuts HNW pension relief

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
... tax rebates for people earning more than A$300,000. The reforms are part of a widely criticised budget that takes the UK deficit to 12.4 per cent of GDP. It is the among highest budget deficits in Europe. The measure has upset the pension fund industry ...

Rated AAA

BENJAMIN ONG  |  MONDAY, 27 APR 2009
... Poor's and Moody's threatened Australia with a downgrade in its sovereign risk rating if the National Budget remains in deficit over the medium term. My, oh my, I am so scared. And so we all should be. Because the immediate consequence of a downgrade ...

Budget deficit squeezes pension promises

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
The looming federal budget deficit tipped to exceed $50 billion accompanied by a blow-out in the government's borrowing requirement is threatening the Prime Minister's promise to boost age pensions in next month's budget. Following last year's budget ...

Surprise

BENJAMIN ONG  |  FRIDAY, 24 APR 2009
... lies in the developing fad of governments now looking beyond the global financial crisis and focusing on their expanding deficit in their national budgets. Arguably, this is responsible government. But nothing could be more irresponsible than spooking ...

Danger, Will Robinson!

BENJAMIN ONG  |  THURSDAY, 23 APR 2009
... revenues estimated to reach 703 billion over the next five years. This, according to Citigroup, is the biggest peacetime deficit in more than a century and tallies to around 12.4 per cent of the UK's economic output. I guess Britons would not be calling ...

Bank guarantee must stay in place

WWW.THESHEET.COM  |  THURSDAY, 16 APR 2009
... playing field to help certain groups ignored the big picture. "The issue we face, as our long-running current account deficit shows, is that Australia relies on foreign borrowing," said Bailey. "Australian banks could not raise enough locally to meet ...

DB super deficit rises to $25 bn

MICHAEL HOBBS  |  TUESDAY, 14 APR 2009
A Watson Wyatt report found defined benefit superannuation liabilities for listed Australian firms have blown out from around $2 billion to $25 billion over a six-month period to the end 2008. According to David McNeice, Watson Wyatt principal, companies ...