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Showing 21 - 30 of 815 results for "Global Financial Crisis"

ASIC grants MSC Trustees new powers

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... traditional debt providers and extreme cautiousness by the Australian corporate regulator following the global financial crisis in 2008," he said. The authorisation comes after seven years of MSC lobbying the government, which included participating ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... portion of high loan-to-value balances of 80% and above have decreased for non-bank lenders since the Global Financial Crisis. "In July 2008, it tracked as high as 13% and 34%, respectively, of total current balances. Now it just represents 2% and 11% ...

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... with UBS readings on the almost completed US results season where the ratio of Q4 beats neared a post Global Financial Crisis (GFC) low. "Extra focus will likely be on companies that provide insights into the rapidly evolving Aussie consumer and or housing ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when it shed $86 billion. With a return of -14.1% for the year, the fund said it was 0.88 percentage points better than its ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... "While participants have traditionally been defaulted into a single balanced allocation, ever since the global financial crisis in 2008-2009, strategists have been contemplating personalisation. The thinking now is that super funds need to offer savings ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... prove an even more severe a test for the Labor government as the Rudd government faced in the wake of the Global Financial Crisis (GFC), as this time, splashing the cash will be no antidote for what ails the economy," he added. BetaShares chief economist ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... globally and unconventional monetary policies adopted by the major advanced economies in response to the global financial crisis. "Meanwhile, the RBA eased monetary policy from late 2011 because of weaker economic conditions. However, from around 2016 ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... to local communities and to the financial system," the notice said. However, as demonstrated during the global financial crisis, there were limited and objectionable options available to the FDIC for resolving the largest failed insured depository institutions ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... in 2021 to 3.2% in 2022 and 2.7% in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the Covid pandemic. The IMF also said: "Global inflation is forecast to rise from 4.7% in 2021 to 8.8% ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. The Fed said it is highly attentive to inflation risks and is strongly committed to returning inflation to its 2% objective. ...