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Showing 1031 - 1040 of 9301 results for "Economics"

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 ...

Catherine Brenner case dropped

ELIZABETH MCARTHUR, ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... investigate a number of matter concerning AMP. Last week, ASIC deputy chair Daniel Crennan told the Standing Committee on Economics that ASIC is investigating more than five but less than 50 matters in relation to AMP. Deputy chair of the committee Andrew ...

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. ...

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 ...

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... about the appropriate valuations of unlisted assets. Speaking at the House of Representatives Standing Committee on Economics public hearing reviewing the 2019 APRA Annual Report, chair of the Committee Tim Wilson questioned the regulator over the accounting ...

Chief economist update: The V in recovery

BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
... Composite PMI underscores the V-shaped recovery in the global economy. Even better, the latest reading showed global economics activity starting the third quarter in expansion. The JP Morgan composite PMI lifted from 47.8 in June to a six-month high ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
The House of Representatives Standing Committee on Economics scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... executive Francesco De Ferrari was questioned, with some hostility, by the House of Representative Standing Committee on Economics. Labor MP Andrew Leigh noted during the committee hearing that AMP's share price had slid dramatically since the Royal ...

Government introduces pandemic payment

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
Workers in Victoria who are required to isolate for two weeks and do not have sick leave entitlements will soon have access to paid pandemic leave. The government will introduce at $1500 disaster payment for workers in Victoria that do not have sick ...