Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 252 results for %22Scott Morrison%22

Time to step up or face the music

ALLY SELBY  |  THURSDAY, 2 APR 2020
... to managing investment portfolios, almost all aspects of a super fund's operations will be impacted." Prime Minister Scott Morrison's plan to allow Australians impacted by COVID-19 to access up to $20,000 from their super fund, among other hurdles ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... splintering of the single currency region from splintering due to the "Grexit" contagion. Australian Prime Minister Scott Morrison may have been just politicking when he announced several bushfire recovery measures - topped by a A$2 billion funding for ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
Prime Minister Scott Morrison today announced $130 billion of spending over the next six months to support the livelihoods of Australians who lose their jobs and income as a result of COVID-19. The government anticipates as many as six million Australians ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... from the Reserve Bank of Australia rather than superannuation funds. It comes as the industry responds to Prime Minister Scott Morrison's proposal to allow Australians financially impacted by the coronavirus to withdraw up to $20,000 over the next ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... 3 and March 19 - the official cash rate is now at 0.25% -- as well as bond yield targeting and QE, are matched by the Morrison government's increased spending. According to news.com.au : "Parliament passed two packages worth $17.6 billion and $66 ...

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 ...