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Showing 71 - 80 of 295 results for "Tax cuts"

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG | FRIDAY, 6 DEC 2019

... disposable income (as at the June 2019 quarter) -- it's highly likely that further interest rate reductions and/or tax cuts would be saved and used to service this debt. Worse, the more the RBA provides monetary accommodation, the more anxious we ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG | THURSDAY, 5 DEC 2019

... (from 1.5% to 1.25% in June and 1% in July - it cut rates again to 0.75% in October) and the Morrison government's tax cuts implemented in July. Recall that, the RBA's optimistic outlook is predicated on the "low level of interest rates, recent ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG | WEDNESDAY, 4 DEC 2019

... "expected to be close to 2%". The RBA's optimistic outlook is predicated on the "low level of interest rates, recent tax cuts, ongoing spending on infrastructure, the upswing in housing prices and a brighter outlook for the resources..." Speaking ...

Chief economist update: Brexit la la la

BENJAMIN ONG | FRIDAY, 8 NOV 2019

... the Conservative Party pledges government spending on infrastructure - roads, railways and construction - as well as tax cuts if re-elected, reported to take fiscal spending from the current 2% of GDP to 3% of GDP. Not be outdone (or outvoted), Labour ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN | FRIDAY, 18 OCT 2019

... employment aim of 4.5%. Speaking in Washington to the IMF, Lowe said that the central banks rate cuts and government tax cuts have been effective at supporting the domestic economy. "The economy has been through a very soft patch over the past year but ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG | THURSDAY, 5 SEP 2019

... per Frydenberg: "Significantly, these numbers do not incorporate the passage through parliament of the most significant tax cuts in more than 20 years and the full impact of the RBA's decision to reduce interest rates by 50 basis points". As for ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG | WEDNESDAY, 4 SEP 2019

... lower-than-expected in H1 and that looking ahead, growth is expected to strengthen gradually. Notes support from low rates, income tax cuts, infrastructure spending, housing market stabilization and the outlook for resources. Continues to see support ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG | THURSDAY, 22 AUG 2019

... J. Trump to us all. The global economy was going swimmingly fine (even bolstered) straight after his victory and his tax cuts and increased infrastructure spending. So much so, that financial markets and central banks were counting the days when (not ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG | FRIDAY, 16 AUG 2019

... some) than 90% (10% unemployment rate) getting hefty pay increases. Not to mention, the Morrison government's latest tax cuts only works for those who have jobs and pay taxes. Finally, there's the Australian dollar. Its depreciation would help ...

Chief economist update: RBA heading to zero

BENJAMIN ONG | WEDNESDAY, 7 AUG 2019

... bps to 0.75% at its November 2019 meeting. While the RBA remains optimistic "the low level of interest rates, recent tax cuts, ongoing spending on infrastructure, signs of stabilisation in some housing markets and a brighter outlook for the resources ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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