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Showing 81 - 90 of 815 results for "Global Financial Crisis"

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... financial year. It is the first negative annual financial return for default super products since the Global Financial Crisis. The GFC in 2008-2009 delivered financial returns in default superannuation products of -13%. The 2007-2008 financial year also ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... expected to demonstrate an average return of -0.7% for last financial year - the lowest returns since the Global Financial Crisis. The projection of a $3 trillion hit was reached after Rainmaker's Superannuation Projection Model compared two strategic ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... was China's double-digit growth (when almost everybody else was falling into a recession) during the global financial crisis that helped keep recession away from the Australia. Australians all would be rejoicing at the swift recovery in China's ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income dive 73% from the previous period, driven by a substantially higher allowance for credit ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... highest level of Factset's (1990), surpassing the 80.86 registered during the Great Recession and Global Financial Crisis of 2008. It was the best of times... Fast forward three months and every single index has rallied into a bull market at the ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... provided a significant portion of the $120 billion in capital raised by local businesses at the end of the Global Financial Crisis. "Industry super funds hold a major stake in Australia's economic life," it said. "They invest in Australian listed companies ...

History is repeating itself: Zenith

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... similarities between the Australian equity market drawdowns and subsequent recoveries of COVID-19 and the Global Financial Crisis (GFC), COVID-19 has proven to be the GFC in fast-forward. It said during this period we have seen the fastest bear market ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... sovereign spreads and the depreciation of emerging market currencies are smaller than what we saw during the global financial crisis. This is notable considering the larger scale of the shock to emerging markets during the Great Lockdown," Gopinath said. ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... included explicit forms of forward guidance and asset purchases; we used these tools in the aftermath of the global financial crisis, and they have become a standard part of our toolkit. We also reviewed the historical and foreign experience with targeting ...

A-REIT winners, losers of the 'new normal'

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... home buyer market segment," Pham said. The REIT space is in a far better position than it was during the Global Financial Crisis, Pham noted, recommending investors focus on REITs with sustainable earnings growth, strong balance sheets and favourable ...