|PIMCO is forecasting a slowdown in China's GDP growth in 2020 as tensions between the Asian nation and the United States continue into the New Year.|
|Global growth is expected to pick up around 3.25% in 2020, up from 3% in 2019, with new research suggesting fears of a severe turndown or recession have significantly diminished.|
|Economists had been begging the government to ditch its surplus obsession to boost economic growth long before the fires. The problem is a reduced surplus (or another year of budget deficit) comes at a mammoth cost to lives, families, properties, wildlife ...|
|It's still too early to estimate the funding required for fire ravaged communities but a tick on the budget surplus is hardly worth anything compared to the rebuilding that must be done soon after the last embers of this Australian fire calamity had ...|
|In his last update for the year, Financial Standard chief economist Ben Ong determines whether the ABS's latest update on the labour market brings good tidings for the Australian economy.|
|Whether or not policy decisions are sufficient to reverse the slowing momentum in global economic growth remains to be seen.|
|The improving global growth dynamics due on the back of the de-escalating trade war, less uncertainty surrounding Brexit and central banks' continued policy accommodation could revive global oil demand by more than forecast.|
|Well, the trade war's not completely over, but the financial markets' rally on news that a phase one deal between the US and China has been reached provides a snippet of what joy to the world a trade peace could bring.|
|The Fed, Brexit and US-China trade deal brings good tidings for Christmas.|
|Not even Christine Lagarde wants to come out with all guns blazing in her debut as the new president of the ECB.|
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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