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Showing 1 - 10 of 1424 results for "Fiscal"

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... Development (CEDA) said. "While its previous Budgets struck a good balance between supporting vulnerable Australians and fiscal repair, this Budget is less concerned with addressing the longer-term structural deficit," CEDA chief economist Cassandra ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... warned pressures on the Budget would "intensify". "We are expecting a deficit of $28.3 billion in 2024-25 - But a stronger fiscal outcome in every year, compared to when we came to government," Chalmers said. "On our watch, the Budget is $215 billion ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... age pension. To meet the rising costs, future governments may have to increase taxes or cut services to offset the extra fiscal pressure created by the bigger age pension outlays, SMC said. At its peak, the capped super for a house policy could cost ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... finalising back-office outsourcing. Morningstar forecasts that Platinum's FUM will decline to about $10 billion by fiscal year 2028. Platinum's underperformance relative to its peers also makes a return to net inflows challenging, Morningstar ...

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... a testament to the government's responsible approach to budget management. "Our responsible management is ensuring that fiscal policy is taking the pressure off inflation when it is at its highest," the ministers said. "The Albanese government delivered ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... increasing an underweight position on the longer end of the Treasury curve, the latest investment update shows. "We expect that fiscal supply will continue to keep long-end yields elevated. Broadly, we maintained our steepening bias on the US Treasury ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... flow among S&P/ASX 200 stocks mirror those of Australian consumer savings; there was a surge during the pandemic due to fiscal support, less working capital pressures, and higher pricing, but now, cash flow has declined. "While companies can manage their ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... at much less than the $69 billion we booked in the latest mid-year budget update." In the 2023-24 Mid-Year Economic and Fiscal Outlook (MYEFO) the government revealed a deficit reduction of $1.1 billion, an improvement of $12.8 billion from earlier projections. ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... significantly poorer in retirement." Schubert said those withdrawals will also cost the next generation of taxpayers in a case of fiscal long-COVID. "These are the devastating consequences of schemes that break super's preservation rules," she said. ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... benefited from elevated commodity prices as a commodities exporter, relatively less restrictive monetary policy and supportive fiscal policy. Wang expects to see Australian consumer sentiment moderately improve in the coming months, helped by declining ...
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