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Showing 1 - 10 of 17 results for "Omicron"

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... from the 3.4% GDP growth realised last quarter. Barclays said the most recent GDP numbers were affected by floods and the Omicron strain. But the bank affirmed that growth remained robust and expected the economy to grow 4.1% year on year in 2022. In ...

Vanguard Personal Investor sees Delta boom

CHLOE WALKER  |  TUESDAY, 5 APR 2022
... a 73% increase in contributions, compared to a 55% increase for 35-55-year-olds and 63% increase for over 55s. In the Omicron-induced shadow lockdown earlier this year, investors under 35 years old again increased their investing the most with a 14% ...

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
... flat at $5.5 billion. "We expect the Australian economy to have a strong year in 2022 despite early challenges from the Omicron strain of COVID-19. Both the unemployment rate and the underemployment rate are at the lowest since 2008, with high participation ...

NSW small businesses offered support

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
... are introducing the Small Business Support Program to help support businesses that experienced the worst effects of the Omicron wave," NSW premier Dominic Perrottet said. "We are also providing support to business to help reimburse the cost of rapid ...

Global dividend income growth to continue: Plato

CHLOE WALKER  |  TUESDAY, 25 JAN 2022
... increasingly positive outlook for dividends from the sector. "Despite the recent elevation in risk in global markets caused by Omicron, Plato's proprietary dividend cut model shows just an 8% chance of dividend cuts in global developed markets," Pennell ...

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... self-isolation requirements and border restrictions. Ahead, the country will continue to face challenges managing the latest Omicron wave with infrastructure spending continuing to be a key driver of growth in 2022."

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... borders reopen," he said. With the unemployment rate falling to 4.17% in December, this does not factor in the effect of the Omicron variant on the workforce, Wargent said, expecting the January figures to be more subdued. "When you look at the risks ...

Australians plough record cash into managed funds

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
... Enthusiasm for investing likely dwindled at the end of the year as both rising inflation and the sudden appearance of the Omicron variant in November dampened investors' spirits. "Australians have saved in record amounts during the pandemic, stowing ...

Macquarie AM reveals outlook for 2022

CHLOE WALKER  |  FRIDAY, 21 JAN 2022
... a year where global growth is again strong, although there is likely to be some softness early in the year due to the Omicron variant. "Inflation should peak around mid-year, but in our view is likely to remain above central bank targets all year, keeping ...

American Century introduces small-cap fund

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... caps poised to benefit from the return to normality include travel and leisure companies, albeit the emergence of the Omicron variant has created hesitancy. We also see continued demand for robust IT spending, with companies realising that IT investment ...
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