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Showing 1 - 10 of 911 results for "Deficit"

TCorp awards $1bn mandate to UK insurer

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
... see the state's forecast return to surplus in FY28, rising to $1.3 billion. The data revealed that the forecasted deficit for the FY26 financial year edged slightly above $3 billion, with the deficit improving to just over $1 billion in FY27. Along ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
The Actuaries Institute and the Australian Banking Association (ABA) have welcomed the measures taken by the government to tackle structural productivity concerns in the Australian economy. The ABA said the Federal Budget has laid the groundwork to ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has unveiled the Federal Budget, delivering a deficit for 2026/27 of $31.5 billion, as the government prioritises reform over relief. The 2025/26 deficit came in at $28.3 billion, a far cry from the $36.8 billion that had been ...

OECD recommends NZ overhaul pension system

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... New Zealand's economy, the OECD said the nation's ageing population is putting increasing pressure on its fiscal deficit and, without reforms, public debt will rise towards 200% of its gross domestic product. As a result, it recommended New Zealand ...

Colter Bay Capital opens doors, launches private credit fund

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... to $20 million in EBITDA. Founder and managing director Mark Wang said the funding gap in this segment is a structural deficit that has persisted for decades. "Australia's best businesses are being held back by the constraints of a capital-based lending ...

US exceptionalism may have peaked: ART

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
Australian Retirement Trust chief economist Brian Parker told the Financial Standard 2026 Economic Outlook webinar that we're likely going to face more frequent and severe disruptions as a "new world order" appears. Speaking at the event - which ...

NSW government to turn deficit into surplus of over $1bn in FY28: TCorp

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
... in FY28, rising to $1.3 billion, TCorp's half-yearly budget review finds. The updated data revealed that the forecasted deficit for the current financial year edges slightly over $3 billion, with the deficit improving to just over $1 billion in FY27. ...

Global X reveals 2025 top performing ETF asset classes

ELIZA BAVIN  |  FRIDAY, 9 JAN 2026
Global X has revealed that precious metals, copper miners and critical minerals were among the best-performing ETF asset classes in 2025, saying investors gravitated towards real assets amid heightened geopolitical uncertainty, inflation concerns and ...

Super tax receipts to increase by $10.9bn

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
... improvement in a single parliamentary term, delivered back-to-back surpluses in the first two years and a substantially lower deficit in the third year," MYEFO said. "This stronger budget position has been achieved by identifying an additional $20 billion ...

Feature: Retirement | The right mix

LACHLAN COLQUHOUN  |  WEDNESDAY, 5 NOV 2025
There are many myths about retirement, and one of the most common is that people will run out of money. Even as Australians live longer and many spend up to three decades of their lives retired, the Retirement Income Review (RIR) found the typical retiree ...
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