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Showing 1 - 10 of 88 results for "Great Depression"

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... said. "[...] unprecedented support is seeing the country through the biggest global economic shock since the Great Depression. JobKeeper kept 3.8 million people in their job. JobSeeker helped 1.5 million people without work." However, the treasurer said ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... months to June. Team Australia ought to be congratulated for the swift recovery from the worst recession since the Great Depression of the 1930s. The government for its fiscal support measures - JobKeeper, JobSeeker, HomeBuilder; the RBA for its quick ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... voluntary member contributions." Callil said at a time where unemployment is projected to reach its highest since the great depression, many members will not have the ability or inclination to use available income to support additional contributions ...

COVID-19 dampens CFO outlook

KARREN VERGARA  |  MONDAY, 24 AUG 2020
... 2021. Deloitte partner Stephen Gustafson said: "A COVID-induced global economic downturn, the largest since the Great Depression, has hit hard, net optimism has fallen drastically, and uncertainty is at an all-time high." Supply chain disruption has ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... ratio has exceeded 31 include the months prior to Black Tuesday in 1929 (often considered the prelude to the Great Depression), from June 1997 until August 2001 (the tech boom and bust), and at the end of 2017 until October 2018 - after which Wall Street ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... changes of a sustained equity market recovery compared to the possibility that the world may be entering the first great depression of the 21st century," he said. Oliver believes gold's record highs have a weakening US dollar to blame. "The recent surge ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... is that Australia is now in the grip of a recession. Trading conditions are the worst we've seen since the Great Depression and many small businesses won't survive. "Our inquiry has found that the system as it stands does not work for small businesses," ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... as "truly global" saying even the GFC had a less severe effect on global output. "For the first time since the Great Depression, both advanced and emerging market economies will be in recession in 2020," she said. "Aside from its unprecedented scale ...

Rich Dad feels for financial advisers

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... in gold, silver and bitcoin right now. He is currently promoting a seminar for Australian audiences with The great depression ahead author Harry Dent. Dent has a decidedly bleak view on the economic recovery post-pandemic. "I don't think this virus ...

Lockdown measures cost $4bn a week: Frydenberg

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... estimated Australia's GDP would fall 6.7% this year and said the economic ramifications will be worse than the Great Depression.
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