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Showing 861 - 870 of 9313 results for "economics"

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
The music has stopped, should we cease dancing? Two consecutive days of losses on Wall Street is a very long time in financial markets so much so that "pundits struggle to explain stocks stumble", according to the Australian Financial Review (AFR). ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
Copper prices continue to rally and indications are it won't be long now until it recaptures the US$10,000 a tonne record it reached 10 years earlier. At the current price of US$9,415.00, copper's only 5.9% away and won't be long till it ...

Chief economist update: Bubble, bubble getting out of trouble

BENJAMIN ONG  |  MONDAY, 19 APR 2021
"Come fly with me, let's fly, let's fly away..." -Frank Sinatara It didn't happen overnight, but it's happening... now. The Trans-Tasman bubble is here! After more than a year - I recall watching Qantas' chief executive saying it's ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
Australia is back! Back on track after its economy was cruelly interrupted by the COVID-19 pandemic. This space had been ranting about the virtuous cycle that had been circling around the nation since activity and business and consumer sentiment indicators ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
If in doubt, remain patient and do nothing. This is the gist of the Reserve Bank of New Zealand (RBNZ) policy statement following the conclusion of its April 14 monetary policy meeting. The RBNZ kept the official cash rate unchanged at 0.25% and maintained ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
Some move the goalposts when they can't hit the target, but Prime Minister Scott Morrison did one better and all but abandoned his government's vaccine roll-out target. Taking to Facebook, Morrison announced on April 10 that: "The government ...

ATO quizzed on readiness for stapling

KANIKA SOOD  |  FRIDAY, 9 APR 2021
... stapling-triggered employer checks it expects, but maintained its readiness for a July 1 go-live. Appearing before the Senate Economics Legislation Committee yesterday, ATO assistant commissioner Larissa Evans said the manual checks with ATO for an employee's ...

YFYS net must be cast wider: Cbus

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... measures until all underperforming funds have been removed from the system. Speaking at the Senate Standing Committee on Economics Inquiry into the Treasury Laws Amendment (Your Future, Your Super) Bill 2021, Cbus chief executive Justin Arter is concerned ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... best-in-show MySuper list to be embedded in the pending Your Future Your Super bill. He told yesterday's Senate Economics Legislation Committee discussing the new legislation that members must be protected from being stapled to underperforming funds. ...

Mercer calls for delay to super reforms

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
Appearing before the Senate Economics Legislation Committee this morning, Mercer implored the government to consider a delay to the implementation of the super fund stapling mechanism slated to come into effect from July 1. In opening, Mercer senior ...