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Showing 71 - 80 of 188 results for "Government debt"

CBA wealth management FUA up 11%

MARK SMITH  |  WEDNESDAY, 11 FEB 2015
... greater feeling of security. That requires implementation of a coherent long term plan that clearly addresses target government debt levels and timeframes, infrastructure priorities, foreign investment, business competitiveness policies and, above all ...

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
... the day before that was prompted by a 9% plunge in oil prices and Greece - the ECB reportedly would accept Greek government debt as collateral for LTRO and/or TLTRO no more, no more, no more. For good measure, US jobless claims stats came in lower than ...

Market Wrap AM

AAP  |  THURSDAY, 22 JAN 2015
... analysts have suggested that the ECB's QE program could include at least 500 billion euros ($A750 billion) of government debt and up to 250 billion euros of other non-financial corporate debt. But a report on Wednesday by Bloomberg said the ECB's board ...

China growth as Li likes it

BENJAMIN ONG  |  WEDNESDAY, 21 JAN 2015
... in December becomes hardly surprising. We've gotten some scares - slowing property; shadow banking; ballooning government debt, etc --A as 2014 progressed... but still (and despite rebalancing), China's economy powered on and grew by 7.4% -- more than ...

Japan did it again

BENJAMIN ONG  |  TUESDAY, 18 NOV 2014
... Japan's normal (deflation and weak consumption). The Japanese economy then went into recession in 1997/98 and the government debt the government wanted to reduce?... it went from 91.2% of GDP in 1996 to 100.5% in 1998 and 211.7% at the end of 2012." ...

Goodbye QE, hello QQE

BENJAMIN ONG  |  MONDAY, 3 NOV 2014
... goings could again encourage the government to lift the consumption tax from 8% to 10% -- to reduce its mounting government debt -- come April Fools' Day 2015. The government had the same good intention when it raised the consumption tax in 1997 - debt ...

Waiting for the ECB to exhale

BENJAMIN ONG  |  WEDNESDAY, 4 JUN 2014
... heaven's forbid, stumbles. We all know that debt could be inflated away, the reverse is true when deflation strikes. Government debt - which the eurozone has plenty of - would lift when adjusted for deflation. Add to this the slower growth resulting ...

Japan's 1997 deja vu

BENJAMIN ONG  |  TUESDAY, 29 APR 2014
... same way it did back in 1997. The government budget deficit went from 5.1% of GDP in 1997 to 8.0% in 2003. The government debt went from 99% of GDP in 1997 to more than 200% today. What did philosopher Jorge Santayana say about those who fail to learn ...

Australian budget to blow

BENJAMIN ONG  |  THURSDAY, 10 APR 2014
... to 'The Australian", "Australia will need massive budget savings of about $90 billion if it is to stabilise its government debt by 2030, International Monetary Fund estimates show". Let's hear it again, dear oh dear oh dear! It's certainly a worry, ain't ...

China heading for debt disaster, sure sure

BENJAMIN ONG  |  TUESDAY, 14 JAN 2014
... trillion in reserves to back them up). That's around 24 trillion yuan, that would easily cover the "total size of government debt including official debt, explicit and implicit loan guarantees amount to 19.6 trillion yuan"...with change to spare. And ...