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Showing 41 - 50 of 1389 results for Alex Dunnin

Economic Wrap

ALEX DUNNIN  |  MONDAY, 25 JUL 2016
China's GDP to grow 56% by 2021 Total world GDP is estimated to be A$99 trillion this year, according to the Statistics Times news service. The US as expected is ranked number one accounting for 25% of global economic output, followed by China on 15% ...

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 22 JUL 2016
NZ to require home buyers to have 40% deposit In response to surging New Zealand property prices, NZ banks have tightened the screws on buyers by decreasing the maximum loan-to-valuation ratios. Industry regulations require buyers to have 30% deposit ...

Economic Wrap

ALEX DUNNIN  |  THURSDAY, 21 JUL 2016
Australia and NZ streamline trade deal Australia and New Zealand have signed a deal to streamline customs processing between the two nations. The Australian Department of Immigration and Border Protection and New Zealand Customs Service (NZ Customs) ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 20 JUL 2016
Australia's foreign reserves climb to $70bn Australia's holdings of foreign reserves climbed 4% during 2015-16 to $70 billion, reports the Reserve Bank of Australia. Reserves held as foreign currency remained steady on 84% while holdings of gold increased ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 19 JUL 2016
Employment up but hours worked fell Employment in Australia grew by 0.07% in June, consistent with the average growth rate over the last six months, according to trend figures released by the Australian Bureau of Statistics (ABS). The latest Labour ...

Economic Wrap

ALEX DUNNIN  |  MONDAY, 18 JUL 2016
Australia's commonwealth debt hits $425 billion Australian commonwealth debt, measured by commonwealth debt securities on issue and managed by the Australian Office of Financial Management (AOFM), stood at $425 billion on Friday July 15. This is up ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

US Senate votes down adviser fiduciary rule

ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
The US Senate recently voted down the Department of Labor's administration rule for financial advisers that would have compelled them to act in their clients' best interests. The law was passed 65-41 meaning it fell well short of the two thirds majority ...

Budget big picture

ALEX DUNNIN  |  TUESDAY, 3 MAY 2016
A budget deficit of $40 billion on its way down to just $6 billion in four years masks a massive 29% increase in tax revenue over the forward estimates, pointing to why Treasurer Scott Morrison has had to go after high-end superannuants and multi-nationals. ...

SEC seeks comment on Accredited Investors

ALEX DUNNIN  |  THURSDAY, 14 APR 2016
With all the focus on retail financial advice and introducing a fiduciary rule, the US Securities and Exchanges Commission (SEC) is asking for public submissions regarding amending the definition of what is an Accredited Investor. An Accredited Investor ...