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Search ResultsShowing 1 - 10 of 100+ results for "Budget"
Wage growth, not wage cuts
ALLY SELBY  |  FRIDAY, 29 MAY 2020
... Boosting household incomes could be achieved through government payments or tax relief (although this would add to the budget deficit), while governmental support for higher wages and an increase in the minimum wage could also help boost spending. "Longer ...
Chief economist update: Better than all the rest
BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... Eurozone economy is approaching its worst-case scenario (a 12% drop in 2020 GDP); Japan unleashing a second supplementary budget ¥117.1 trillion (US$1.1 trillion) -- taking total stimulus spending to ¥230 trillion (or about 40% of GDP); and Bank ...
Is the worst yet to come?
ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... is around the incredible amount of money that has been pumped into the Australian economy which will result in a huge budget deficit. "A fair bit of my time is spent thinking about the idea of the penetration of central banks into asset markets," Doyle ...
Chief economist update: Eurozone contraction heads from mild to severe
BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... recovery plan". As per Factset: "The European Commission announced its proposal for a €750B recovery plan and a 2021-27 budget of €1.1T to bring the total firepower of €1.85T. It will finance the recovery by borrowing on the financial ...
Chief economist update: Japan reopens for business
BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... reclaiming a complete normal while suppressing infections will take some time." Given this, Abe announced a supplementary budget relief package worth more than ¥100 trillion (US$929 billion) in addition to April's ¥117 fiscal stimulus - which ...
Merging super funds guaranteed tax relief
HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... continue," Loane said. "This relief has been extended several times, and we are pleased to see the government delivering on its Budget announcement to make this a permanent policy." Association of Super Funds of Australia chief executive Martin Fahy ...
ISA questioned over political donations
ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... into the issue. Financial Standard understands the $1600 donation in question was actually a ticket to attend Labor's budget reply dinner and ISA spent the same amount attending the coalition's budget dinner that year. Tickets to such events ...
Australia facing largest ever GDP fall
ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... significant increase in government debt, the stimulus measures were designed to protect the "structural integrity" of the budget. "Australians know there is no money tree. What we borrow today, we must repay in the future," he said. "Temporary and targeted ...
BNY Mellon IM boutique heads for ASX mFunds
KANIKA SOOD  |  TUESDAY, 28 APR 2020
... platforms. "The key step we took when designing this strategy for clients 15 years ago was replacing benchmarks with a risk budget. This was a transformational step which has allowed us to deliver what we see as consistent performance at materially lower ...
COVID-19 will bite into credit ratings
BENJAMIN ONG  |  MONDAY, 27 APR 2020
... Norway, Singapore, Sweden, and Switzerland. Good call! Latest available information on each country's debt-to-GDP and/or budget-to-GDP ratios shows that they are among the lowest in the globe. Norway, Denmark, the Netherlands, Switzerland, Germany ...
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