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Showing 61 - 70 of 1326 results for "Pandemic"

AustralianSuper bids farewell to retirement chief

MATTHEW WAI  |  FRIDAY, 1 NOV 2024
... each member," Schroder said. Blackmore was also a great leader through challenging times, most prominently, the COVID-19 pandemic, he said. "During that time Shawn worked tirelessly to ensure we fulfilled our obligations to members in a very stressful ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... five years from now, global growth should reach 3.1% which it said was a "mediocre performance" compared with the pre-pandemic average. "As global disinflation continues, services price inflation remains elevated in many regions, pointing to the importance ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... people entering the labour force and finding work in a range of industries, as job vacancies continue to remain above pre-pandemic levels." The number of unemployed people fell slightly to 616,000 in September, however overall, the number of unemployed ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... economy in the June quarter, marking a return to the weak productivity growth trend of the five years leading up to the pandemic. "During the pandemic, aggregate productivity rose but then fell as restrictions were eased. This bubble has now well and ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... billion, in the June quarter. The ABS said the final allowance under the Term Funding Facility (TFF) from the COVID-19 pandemic matured on 30 June 2024, which it said impacted bank funding across financial markets. For example, banks exchange settlement ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... making its moves late in the game," Shivadekar said. "It was one of the last central banks to start hiking rates post-pandemic, and now appears likely to be among the last to begin easing. "While the RBA will continue to monitor global trends, particularly ...

ASX hunts new chief risk officer

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... standards." She said that Treleaven was especially instrumental in ensuring the ASX's operational resilience through the pandemic. He also spearheaded major regulatory response programs. "I am grateful for the contribution Hamish has made and I am pleased ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... Australia remained very close to zero during other major global events, such as the Global Financial Crisis and the COVID-19 pandemic, but despite this, regulators continue to impose additional constraints on lending, competition among banks and restricting ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... think these forces have gone away. "We expect the low interest rate regime to re-emerge once the dust settles from the pandemic economic volatility." NAB senior economist Taylor Nugent, meanwhile, said that whole the FOMC looks set to start cautiously ...

Traditional economic indicators have 'tanked': Economist

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... forward, economists need to look at other data sets to change their predictions because the landscape has changed since the pandemic. "Australia's population growth went up by 650,000 people last year. That had massive implications for infrastructure ...