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Showing 1021 - 1030 of 3428 results for "Update"

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
Is this the new normal cycle? The cycle of coronavirus cycling its way around the world and infection, containment through social distancing and lockdowns, easing of restrictions, and back to infection - the second wave? This cycle hit home when the ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
Most things appeared to be going hunky-dory for the oil market in the second quarter of this year. OPEC+ production cuts plus the easing of social distancing and the re-opening of many businesses in an increasing number of countries around the world ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
"After a steady period of wage growth over the previous 12 months, wages recorded the lowest annual growth in the 22-year history of the WPI, ABS head of price statistics Andrew Tomadini said. "The June 2020 quarter was the first full period in which ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... Additionally, Magellan will introduce its global sustainable strategy to retail investors by the end of the year. In an update on Magellan's in-the-works retirement income product, the firm said it has received a private binding ruling from the ATO ...

Chief economist update: Forecasting is futile

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
Be afraid... The National Australia Bank's (NAB) business confidence index dropped to a reading of -14 in July from zero in the previous month. "Confidence fell in all industries led by mining which saw a sharp decline. With the exception of retail ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
Big congratulations to our next door neighbours, you've done well. August 10 marked 100 days that the country has gone without any recorded case of coronavirus infection - 'twas way back on May 1 when New Zealand reported the last infection. ...

APRA reopens for licences

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
APRA will recommence issuing banking, insurance and superannuation licences after suspending the issuing of new licences due to the challenges new entrants would have been faced in light of economic uncertainty. The prudential regulator will also resume ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... say, this will raise the country's budget deficit than that forecast by the Treasury in its July Economic and Fiscal Update (JEFU). JEFU estimates a Budget deficit of A$85.8 billion (4.3% of GDP) in FY 2019/2020, projecting it to grow to A$184.5 ...

Dealmakers hold off investing in Australia

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... foreign investment, according to the latest research from Pitcher Partners. The Dealmakers Mid-Market M&A in Australia 1H20 update from Pitcher Partners, produced in conjunction with Mergermarket revealed 47% are not currently considering M&A as access ...