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Showing 1 - 10 of 162 results for %22Corona Financial Crisis%22

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... interests of members guide decision making at TWUSUPER," Sandy said. "Mr Galbally's time as chair has included the Global Financial Crisis and most recently, the coronavirus pandemic. Despite these challenges, Mr Galbally has led consistently and with ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... spring wage negotiations, falling below 2% for the time since 2013 and the slowest pace since the aftermath of the 2008 financial crisis". Not only that, Japan's fourth coronavirus wave has prompted mister and missus Miyagi to be more frugal -- BOJ ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... caused by the early release of super program. The Brotherhood of St Lawrence Shocks and Safety Nets report found that financial wellbeing decreased for low-income earners during the pandemic. Many people aged over 45, disability pension recipients, women ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... campaign between 2017 and 2019 and when then Fed chair Janet Yellen announced the first interest rate hike since the global financial crisis of 2009 in December 2016. These countermeasures kept reversed inflation expectations and kept measured inflation ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... Chamber of Commerce, Kaplan cautioned that "we are now at a point where I'm observing excesses and imbalances in financial markets" -- "historically" elevated stock prices, tight credit spreads, and surging house prices. And therefore, "I do think ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... continent. To wit: "...the ongoing pandemic - including the spread of virus mutations - and its implications for economic and financial conditions continued to be sources of downside risk." But have no fear, European Central Bank (ECB) president Christine ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
Ho-hum. So much for speculations over the Fed's thoughts and actions, Powell and Co. did what financial markets expected - nothing - at their 16-17 March FOMC meeting. "The Committee decided to keep the target range for the federal funds rate at ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... US$1.9 trillion stimulus plan proposed by President Joe Biden in February will have a critical role to play. Spence told Financial Standard 's annual Chief Economists Forum via video link that the US economy will be highly dependent on the stimulus to ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... (Your Future, Your Super) Bill 2021 is the culmination of about three years' work of the Productivity Commission and financial services Royal Commission attempting to address "structural flaws in the superannuation system", the explanatory memorandum ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... EU's economic and social fabric, notably through widespread bankruptcies and job losses. This would also hurt the financial sector, increase long-term unemployment and worsen inequalities."
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