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Showing 761 - 770 of 2575 results for "Treasury"

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... economy, as measured by gross domestic product," he said. "Nevertheless, the standard neoclassical growth model used by the treasury and Reserve Bank doesn't recognise this. "Instead, it assumes that over the medium term economic growth is entirely determined ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... index increased by ONLY 1.2%. Investors should not only be knocking but queuing at Australia's door. More so, after Treasury found an extra A$60 billion in its coronavirus war chest - resulting from the JobKeeper estimation error - the federal government ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... the RBA - in the "early days" of the pandemic, when forecasts around the use of the ERS were still varied. "You had the Treasury forecasts and then you had quite a range of views from the industry about what the impact might be," Byres said. "And particularly ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
... in the long-run is so far not reflected by market pricing," the Institute said. For this reason, the Institute prefers Treasury inflation-protected securities in strategic portfolios over developed market government bonds, however it is neutral on these ...

Blame put on businesses for JobKeeper error

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Treasury and the Australian Taxation Office have issued a joint statement in relation to the reporting error in the estimates of the number of employees likely to access the JobKeeper program. The enrolment forms completed by over 910,000 businesses ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... investment companies and trusts is expected to provide financial advisers with some much needed certainty. Following Treasury consultation, the government made the decision to extend the ban on conflicted remuneration to listed investment companies and ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... Q2 real consumption slumps ~9% q/q (amid mobility restrictions), but we remain far less negative than the Australian Treasury & RBA expecting ~-15% q/q. "Indeed, if wages continue to surprise to the upside ahead then consumption could too."

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... week behind. "The superannuation system with some $11.7 billion in claims it was noted that this was consistent with the Treasury estimate and this was not presenting liquidity issues," Morrison said. "The head of APRA has advised us and the industry ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... again been left uncertain as to their responsibilities under the FASEA education requirements, after the government's Treasury Laws Amendment (2019 Measures No. 3) bill didn't get any air time in the Senate yesterday, despite sitting on the notice ...

Merging super funds guaranteed tax relief

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... parliament yesterday. While the FASEA extension stalled yesterday, the parliament successfully shepherded the government's Treasury Laws Amendment (2020 Measures No.1) bill through both the House of Representatives and the Senate, ensuring the tax relief ...