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Showing search results for ‘Financial Crisis

5,090 results found

SBS News

Fears of further financial pain for Australians after major banks' forecasting

The 'big four' banks have dismissed the possibility of a rate cut in 2026, raising concerns about "renewed talk" of a cost of living crisis.

5 min read

SBS News

Wages held back by GFC scars: Treasury

Treasury secretary John Fraser believes a slowdown in wages growth in recent years reflects the lasting impact of the 2008-2009 global financial crisis.

1 min read

SBS News

US ends stimulus program

The United States central bank is ending a stimulus program known as quantitative easing it started in 2008 during the Global Financial Crisis.

3 min read

SBS News

IMF sees faster global growth

The International Monetary Fund said the global economic recovery was gaining traction, but highlighted risks from the eurozone financial crisis.

4 min read

SBS News

Australian shares open higher despite global market turmoil

Australian shares have opened higher despite global fears of another financial crisis as stock markets plummet and oil prices continues to fall.

4 min read

SBS News

Anti-austerity protests in Spain

More than 100,000 protesters have taken to the streets in Spain blaming bankers and politicians for causing a financial crisis.

3 min read

SBS News

Obama hails Wall St reforms

President Barack Obama has hailed the passage through Congress of "far-reaching" financial reforms.

1 min read

SBS News

Wage subsidies worth $1.3 billion are being committed to fend off financial impact of coronavirus

The Morrison government will fund $1.3 billion in wage subsidies for small businesses to keep apprentices employed in the face of the coronavirus outbreak.

3 min read

SBS News

'No regrets': Sri Lanka president's brother resigns from parliament amid crisis

Mr Basil Rajapaksa is the second from the influential family to step away from government after President Gotabaya Rajapaksa's elder brother, Mr Mahinda, resigned as prime minister last month amid a severe economic crisis.

4 min read

SBS News

Superannuation growth 'on track to return to pre-GFC levels'

Super funds are set to post the best three financial years of growth since the years just before the global financial crisis.

2 min read

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