The latest issue of Financial Standard now available as an e-newspaper
|Reserve Bank of Australia governor Phillip Lowe has expressed his concerns over the slow uptake of business investment in Australia, which he said is slowing economic recovery.|
|With world economic growth now expected to be stronger, Australia can grow even stronger.|
|The global economy is past its worst which is good news for oil, with prices soaring to 14-month highs.|
|Another budget, another increase in government spending. UK Chancellor of the Exchequer has announced a further £65 billion over this year and next to support the economy, making its budget deficit the highest it's been since WWII.|
|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.|
|Attendees of the Financial Standard Chief Economist Forum in Sydney have been reassured that Australia's economic recovery has not just been good - it's been very good.|
|With ABS data showing the first time in history that've posted back-back quarters of more than 3% expansion, it's certain Australia's phoenix-like rise from the ashes of COVID-19 will forever be etched in history.|
|Keeping rates unchanged, the Reserve Bank of Australia is confident things are getting better, but they won't actually be better until at least 2024, it says.|
|The government's stimulus spending, and reforms like the early release scheme, have boosted Australian financial comfort to record highs despite the impact of COVID-19.|
|Global investor confidence has decreased since the start of the year, with large drops in Asia and Europe dragging down the index, according to State Street.|
A former New South Wales Treasury Corp executive has joined the prudential regulator as head of investment risk.
MLC Life has been handed a new group insurance mandate from a retail superannuation provider.
Pinnacle Investment Management has made a $3 million cornerstone investment in OpenInvest.
The Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds.
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