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Showing 1031 - 1040 of 2720 results for "PIC"

RBA zeroes in on balance sheets

KARREN VERGARA  |  TUESDAY, 14 MAR 2017
The strength and resilience of the banks' and household balance sheets - rather than indicators such as credit or rising house prices - are a key focus for the RBA, assistant governor Michele Bullock said. Bullock told this morning's Bloomberg address ...

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
The countdown is on at fledgling start-up and technology-focused superannuation product-provider Spaceship, as chief executive Paul Bennetts attempts to convert his waitlist of 22,000 into a $1 billion fund. Touring around multiple start-up hubs this ...

No other way but up

BENJAMIN ONG  |  MONDAY, 13 MAR 2017
A few more sleeps and the fed funds rate would no longer have a zero in front of a decimal point but a one. Unless something surprisingly dramatic occurs between now and the ides of March (15th of March), the US Federal Reserve is sure to announce its ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
As expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% -- where it had been since August last year -- while at the same time offering a positive outlook on the global and domestic economy. Not only has the RBA ...

2017 to usher in stock-picker renaissance

ALEX BURKE  |  MONDAY, 6 MAR 2017
Janus Capital head of research Carmel Wellso believes the art of stock-picking is coming back in vogue as investors turn away from yield in pursuit of growth. Speaking to Financial Standard in Sydney, Wellso said that bottom-up active management had ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
The just-released "OECD Economic Surveys, Australia" provided a pretty growth picture of the domestic economy, forecasting GDP growth of 2.6% this year and 3.1% in 2018 - one that would lower the current jobless rate from 5.7% (January 2017) to 5.5% ...

Fox warns against direct life insurance again

KARREN VERGARA  |  FRIDAY, 3 MAR 2017
Consumers who purchase direct life insurance are at risk when it comes to claim time, the head of the Association of Financial Advisers warns. Buying life insurance over the phone or online should set off alarm bells - it means the policy has not been ...

Custody sector hits $3 trillion

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The custody and administration sector grew 5.2% between June and December 2016, the latest figures from the Australian Custodial Services Association show. Assets under custody (AUC) for Australian investors reached $3 trillion for the first time, with ...

Value investors facing short-term headwinds

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
Value investors are facing a number of challenges in the short-term, particularly during reporting season where they have to be more discerning about the quality of earnings reported. Perennial Value Management managing director John Murray said stocks ...

ICG boosts energy trust with wind farm

ALEX BURKE  |  WEDNESDAY, 1 MAR 2017
Infrastructure Capital Group added a Victorian wind farm to its $1.2 billion Energy Infrastructure Trust. The Bald Hills Wind Farm was purchased from Mitsui & Co (Australia), the wholly-owned Australian subsidiary of one of Japan's largest general trading ...