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Showing 1 - 10 of 40 results for "Economic Situation"

Australia evades tariff shocks, CPI to surge in 2026: UN

MATTHEW WAI  |  MONDAY, 12 JAN 2026
... country was left relatively unscathed by the US tariff shocks. According to the United Nations' (UN) latest World Economic Situation and Prospects 2026 report, inflation will rise by 3% in 2026 despite a slight improvement in Australia's economy. The ...

Positive hiring outlook for 2022: Research

CHLOE WALKER  |  WEDNESDAY, 19 JAN 2022
... very confident about their growth prospects compared to 2021, expanding business opportunities (63%), a better economic situation (61%) and successful restructuring (55%) are cited as the top influences on increasing growth prospects in 2022. Further ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... responsible entities we reviewed well managed the liquidity challenges and market disruption of COVID-19. As the economic situation improves through 2021, responsible entities should continue to carefully manage the liquidity risks associated with their ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
... What has caused the stock market to sing hallelujah are Madam Lagarde's statement that "While the overall economic situation is expected to improve over 2021, there remains uncertainty surrounding the near-term economic outlook, relating in particular ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... that it was considering 0.25% as an effective rock-bottom, so a cut of any sort is a reflection of the grim economic situation," he said. According to CLSA Premium's Peter Boehm, the RBA will likely proceed with its decision to cut now that the federal ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... needed. "This is why we can continue to serve all of our stakeholders and to pay our dividend - unless the economic situation deteriorates materially and significantly." The bank earned US$4.7 billion in net income in the quarter, despite building US$8.9 ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
... as well as the general public for support and help during this period where markets are plummeting and the economic situation is increasingly uncertain." While nurses and doctors are on the frontline of the health crisis, he argued, financial advisers ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... government's "early superannuation release" proposal will only make matters worse. "Allowing that could make the economic situation even worse. If super funds were to provide cash to their members, they have to get that cash," he said. "If they sell ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... -7.9 in April from -7.2 in March as households became more pessimistic about their financial situation and the economic situation - portending continued weakness in consumer spending. This is made worse by the continued slide in consumer inflation expectations ...
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Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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