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Showing 81 - 90 of 653 results for "Economic Activity"

Chief economist update: Europe, we have a problem

BENJAMIN ONG  |  THURSDAY, 29 OCT 2020
... guessing but the consequent tightening of restrictions would -- just as they have in the first wave - freeze economic activity that would almost certainly lead to a double-dip recession in Europe that, in turn, would make imperative increased government ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... monetary and fiscal stimulus measures) -- like in most other nations around the world - sparked a recovery in economic activity, underscored by the rebound in the IHS/CIPS purchasing managers indices (PMI). This is to be expected as people were again ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... and recent indications are that the US economy is recovering. The Fed's October Beige Book report showed economic activity and employment continued to improve across all Districts and the outlook mostly optimistic. This followed reports that retail ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
... needed. Tier one institutions are those that have a large systematic impact that could affect financial stability, economic activity and the Australian community whereas on the other end of the spectrum, tier four would not have an impact. Following ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... "Australians will have more of their own money to spend on what matters to them, generating billions of dollars of economic activity and creating 50,000 new jobs," Frydenberg said. Furthermore, the low and middle income tax offset has been retained for ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... taxpayers will also benefit from a tax cut backdated to July 1 of this year in a bid to increase spending and boost economic activity. The government will bring forward its legislated tax cuts by two years, lifting the 19% threshold from $37,000 to $45,000 ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... halved to a record low 0.2% from 0.4%. The re-imposition of restrictions - targeted they may be - would limit economic activity, put downward pressure on inflation and necessitate more fiscal and monetary stimulus measures.

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... declined from around 30% in the late 1950s/early 1960s to just 5.6% by the end of 2019 - before the pandemic froze economic activity. Consequentially, manufacturing jobs as a share of total employment has also fallen to around 7.1% this year from 16.7% ...

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... slowly, reflecting a smaller wages bill, corporate taxes will also grow more slowly, reflecting lower profits and economic activity and, consistent with previous downturns, corporate tax receipts will recover more slowly than the broader economy. "This ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term". Added ...