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Showing 81 - 90 of 731 results for "coronavirus"

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... optimistic that by September 2021, when most Americans receive their vaccinations, the country will emerge from the coronavirus-induced recession. In the meantime, however, the US$1.9 trillion stimulus plan proposed by President Joe Biden in February ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... authorities, easing cases of infections and deaths, and as nation's around the world begin jabbing their citizens with the coronavirus vaccines (roll 'em, roll 'em, roll 'em). It's "the rainbow" you've "been prayin' for". However, given the bond markets' ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

Chief economist update: The vaccine has landed

BENJAMIN ONG  |  MONDAY, 22 FEB 2021
... aged-care resident Jane Malysiak, received their gift of jab a day earlier). Two days short of 13 months when the coronavirus first reached Australian shores (25 January 2020), the vaccine has landed. With the exception of anti-vaxxers and conspiracy ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... wealthy, an emerging field of unadvised clients falls by the wayside. Many in the latter surfaced at the thick of the coronavirus pandemic. General manager of Link Advice at Link Group Duncan McPherson saw a spike in the number of super fund members ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
The latest GDP growth updates show that the world's major economies remain in contraction (in year-on-year terms) at the end of 2020 and despite the roll-out of vaccines, the COVID-19 pandemic (and now its variants) remain with us, triggering stop-and-go ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... 90,000 in November, it remains a great feat when placed in the context of the resurgence in domestic and overseas coronavirus infections over the month and the Morrison government's scaling back of its JobKeeper subsidy payments three months earlier. ...