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Search ResultsShowing 1 - 10 of 85 results for "Great Depression"
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
... 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
... "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, the ...
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.
Is it really as bad as it seems?
ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... spread will result in global growth coming in at -3.3% this year and will lead to a downturn worse than the Great Depression. Anthony Doyle, cross-asset specialist at Fidelity, said lockdowns due to COVID-19 have led to an unprecedented collapse in economic ...
A decade in the dust
ALLY SELBY  |  THURSDAY, 16 APR 2020
... major revision over a very short period," she said. "This makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis." No country will be left unscathed, she said. "The cumulative loss to global ...
Australia versus the world
ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... is immensely large even around a central case that is probably the worst the world has confronted since the Great Depression. "I note the Treasurer asserts that the Australian forecasts were put together before the bulk of the government's fiscal package ...
Global markets bleed red
ALLY SELBY  |  THURSDAY, 16 APR 2020
... said. "This corresponds to the tune from the latest IMF update looking at a dent on global GDP worse than the Great Depression and the US economy GDP projected to sink 5.9%, down 7.9% from the 2.0% forecast printed only in January," Pan said. Despite ...
Worse than the Great Depression: IMF
ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... 2020, a major revision over a very short period. "This makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis." Gopinath said if the pandemic fades in the second half of 2020 and policy ...
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