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Coronavirus News

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
Big congratulations to our next door neighbours, you've done well - no second wave. And, even as New Zealand's wage subsidy nears its end and unemployment threatens to rise, the nation should still emerge wealthier than its peers.

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
New modelling from Grattan Institute found most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme.

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July.

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
The JobKeeper programme's blowout to $102.2 billion is still less than what the Federal Treasury originally allotted to its war on the pandemic, but certainly raises the budget deficit.

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
Senator Jane Hume has called out former Prime Minister Paul Keating over his criticism of the government's Early Release of Super scheme, calling him elitist.

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures.

Chief economist update: The V in recovery

BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
Were it not for the second wave now doing the rounds in a number of cities around the world, the letter "V" would now be standing for "victory" against the war on COVID-19.

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.

Big companies dig deep

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
Australian corporates have contributed over $150 million to support the community during COVID-19, according to new analysis form Strive Philanthropy.

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia delivered what every rational individual expected it to, making clear the situation in Victoria isn't dire enough for it to act.