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Showing 1051 - 1060 of 2181 results for "In March"

Be careful what you wish for

BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
... (from 7.1% in the year to March) and owner-occupied housing maintaining the 6.1% year-on-year growth rate it recorded in March. Growth in loans to businesses has slowed to 3.1% in the year to April from 3.5% in the previous month and 7.3% in April last ...

Approved to build more dwellings

BENJAMIN ONG  |  WEDNESDAY, 31 MAY 2017
... total dwelling approvals increased by 4.4% in the month of April. While only partially reversing the 10.3% drop recorded in March, it was stronger than market expectations for a 3.0% increase. As in previous months, the see-saw in the headline approvals ...

No spend, no inflation

BENJAMIN ONG  |  TUESDAY, 30 MAY 2017
... recorded in the previous month. Similarly, the core inflation rate (ex- fresh food) quickened to 0.3% in April from 0.2% in March and the core-core rate of inflation (ex- fresh food and energy) went up to 0% from -0.1%. Admittedly, all measures remain ...

Insurance giant partners to combine life and health

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
... and supporting them to be well, get well, and protect their future," Mu said. Mu's statement echoes his comments back in March at the 2017 Financial Services Council Life Insurance Conference in Sydney, where he said he saw a "strong case for life and ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better than the 5.75% projected in the Budget 2017-18 papers. But the latest labour market report ...

GSFM hires Macquarie exec

ALEX BURKE  |  FRIDAY, 19 MAY 2017
... GSFM hiring a new head of institutional business, Charles Levinge, and a head of retail distribution, Stephen Fletcher, in March. Grant Samuel head of distribution Damien McIntyre said at the time that these appointments "will ensure GSFM maintains a ...

Barclays refunds US$97m for overcharging clients

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
... into more expensive mutual fund share classes, the SEC said in a statement. In a separate incident, Barclays was fined in March by the Australian corporate watchdog for failing to inform local clients they were exempt from holding an AFSL.

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
... update on property financing. While the number of total dwelling finance commitments continued to decline - down 0.5% in March after a 0.8% fall in February - their value increased by 0.9% in March, more than reversing the previous month's 0.7% drop ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
... expectations for an unchanged reading, retail sales disappointed. Overall retail sales grew by 0.4% in April from 0.1% in March, less than expectations for a 0.6% gain. Core retail spending increased by 0.3% over the month, also less than the expected ...

Japan rides the virtuous cycle

BENJAMIN ONG  |  THURSDAY, 11 MAY 2017
... composite PMI survey gives credence to the BOJ's statement. While the composite PMI slipped to 52.6 in April (from 52.9 in March), it remains at a 20-month high as the manufacturing expansion gained more momentum (up to 52.7 in April - a 37 month high) ...