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Showing 61 - 70 of 815 results for "Global Financial Crisis"

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... forecast to reach 4.75% in the June quarter of 2023 - the first time since the years leading up to the Global Financial Crisis and the second time since the early 1970s. "Australia is coming back," treasurer Josh Frydenberg said. At the height of the ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... research looking at how best to solve the cash conundrum. Term deposit rates have fallen 96% since the Global Financial Crisis high of 8.25% and now sit at just 30 basis points, according to the research. A pre-GFC term deposit with $1.25 million could ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... was dubbed 'Super Mario' for doing "whatever it takes" to revive the Eurozone economy from the global financial crisis and Grexit but as the ECB's balance sheet shows, Madam Lagarde has supersized this. Just as we were advice not to fight ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... Fed has already blown out its balance sheet by about US$304 trillion, making its initiatives during the Global Financial Crisis "look a little small", he said. One question he is asked frequently is: what potential problems will this mountain of debt ...

Financial services least trusted industry: Edelman

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... claw back eight points - perhaps reflecting the increased emphasis on ethics and regulation following the global financial crisis. Just 44% of people trusted financial services in 2012, compared to 77% trusting technology and 64% trusting food and beverage ...

Evergreen launches stress testing tool

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... adviser marketplace." The GreenVUE tool will allow advisers to run portfolios through re-simulations of the global financial crisis, the Euro-debt crisis, the US credit rating downgrade, oil shocks and US recession, rising global interest rates, trade ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... (er, celebrate), Joe Biden is here. Yes Virginia, we're back to that familiar refrain borne from the global financial crisis of a decade before - bad news is good news. This is because the weakness in the US labour market only strengthens Joe Biden's ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... 2017 and 2019 and when then chair Janet Yellen announced the first rate hike (in December 2016) since the global financial crisis of 2009. As Yellen explained: "In standard economic models, inflation expectations are an important determinant of actual ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
... the event of a liquidity event. Financial Standard understands that no liquidity event, even though the global financial crisis and the COVID-19 pandemic, ever occurred that required La Trobe to delay meeting redemptions. "We have never withheld a monthly ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... Chinese economy - they would have been lifting us up just as the Chinese economy's strength did during the global financial crisis of a decade earlier. And improve, China indicators continue to do. Latest data show the annual growth in Chinese retail ...