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Showing 1 - 10 of 164 results for "Stimulus package"

Recession-style policy but no recession: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... people's pockets over the next six months; that's 1.3% of GDP," Wood explained. "Compare this to the stimulus package from the Global Financial Crisis - that was 1.2% of GDP over six months. We are not in a recession, and we're not in a crisis. ...

UHNWs see net zero as business opportunity

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
The super-rich are committed to addressing climate change, especially when there's a profit to be made in the process. New research from Barclays Private, Campden Wealth and Global Impact Solutions Today sought the opinions of 300 of the wealthiest ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... coronavirus pandemic" which, together with the European Union's (EU) long-term budget, "will be the largest stimulus package ever financed in Europe," totalling €1.8 trillion. There's money from the European Central Bank (ECB). At its April ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
... lesser government spending. Statista.com figures reveal that as at March 2021, the value of China's covid-19 stimulus package amounted to 4.7% of GDP. This compares with 54.5% for Japan, 35.9% for Germany, 26.5% for the US (excluding Biden's ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... developments in global GDP growth have been a little stronger than anticipated, and the substantial new US fiscal stimulus package should provide significant additional support to the outlook," it said. "The rates of COVID infections and hospitalisations ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
The US is betting that a combination of the stimulus package and COVID-19 vaccinations will lead to full economic recovery by the end of the year, according to a leading economist. Capital Group economist Darrell Spence is optimistic that by September ...

ATO begins stimulus fraud convictions

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
The Australian Taxation Office (ATO) has started cracking down on those who fraudulently accessed government stimulus measures in relation to COVID-19 with the first conviction. Raed Saleh was convicted in the Heidelberg Magistrates Court of three counts ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... came with it - while at the same time wishing, hopin' and prayin' for Biden's US$1.2 trillion fiscal stimulus package passes and that the Fed continue to maintain loose monetary policy... sans inflation. But to quote the title of the 2003 ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... time - the time when fresh president of the US, Joe Biden, is bidding the Congress to pass his US$1.9 trillion stimulus package. The BLS reports that the economy added 49,000 jobs in January. This is lower than market expectations for a 50,000 increase ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... sometime around late November/early December last year. This prompted the Suga administration to announce a third stimulus package worth around US$708 billion, which includes about ¥40 trillion (US$384.47 billion) in direct fiscal spending and initiatives ...
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