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Showing 61 - 70 of 268 results for "trim"

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
When the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
The race that stops the nation - the Melbourne Cup - is upon us. There'll be a lotta betting and hopin' and wishin' and prayin' for a chosen steed to make it past the finish line in first place. Cross Counter is the odds-on favourite ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
In its world economic update for October, the International Monetary Fund said that the global economy is in a synchronised slowdown. Growth for 2019 was downgraded again to 3%, its slowest pace since the global financial crisis. "This is a serious ...

Leaving a legacy

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Jeff Chapman, whose net worth is pegged at more than $800mn, speaks to Financial Standard about his family office investments including Bennelong Funds Management, and generosity. What were your goals in setting up your family office? Jeff Chapman ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
Colonial First State (CFS) has handed redundancies to about seven distribution staff working on its corporate superannuation offering as inflows into FirstChoice Employer stall. The departures - all business development managers - come as FirstChoice ...

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A local boutique is planning to launch Australia's first zero fee exchange traded fund. Pinnacle Investment Management is aiming to bring a zero-fee cash ETF to the ASX, managed by Omega Global Investors and says there may be room to implement the model ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
With business conditions and confidence like it is, the Reserve Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night ...

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
Sovereign investment portfolios around the world have gone back to holding the largest chunks of their assets in fixed income after concerns about volatility in equities markets, says Invesco. Globally, sovereign investors increased their fixed income ...

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
... I think we should be transparent. We should be honest. If we exit businesses ­­- and we have to exit businesses - if we trim certain businesses then this has an impact on the employees." He added: "Exiting businesses, investing in technology and making ...