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Showing 91 - 100 of 1084 results for %22late April%22

Regulators urge wider DDO adoption

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... Distribution Obligations (DDO) legislation. Releasing notes from the inaugural Superannuation CEO Roundtable that took place on April 30, ASIC and APRA said chief executives in attendance noted there is ongoing industry discussion as to what defines ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... released forecasts that are at odds with the central bank. Commonwealth Bank predicted that the RBA would lift interest rates by late-2022; Westpac by early-2023; the ANZ expects two hikes - one in mid-2023 and another by the end of that year. Only NAB ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
... straight month indicating contraction in private sector activity - from May's final reading of 48.8 in May and 51.0 in April. "New orders also reduced for the second successive month, and at the fastest pace since February. Panel members commonly ...

Dexus reports higher portfolio valuations

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... properties and is valued at $2.3 billion. In May, it bid to acquire APN Group that valued the latter at about $320 million. In April, the Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund won shareholder approval from both funds ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... market consensus expectations. The NBS reported that Chinese retail sales grew by 12.4% in the year to May down from 17.7% April, March's year-on-year rate of 34.2% and lower than market expectations for a 17.0% print. The annual growth in industrial ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... Australian Bureau of Statistics' (ABS): "Employment increased by 115,000 people in May, following the 31,000 fall in April, around the Easter holiday period. Over the past two months, employment increased by around 84,000 people, and was 1% higher ...

Chief economist update: How do you solve a problem like Australia's housing?

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2021
... that, Virginia, is a place we can call home. It's a dollar short (several thousands -millions? -- in fact) and a day late but the Australian Bureau of Statistics' (ABS) recently released Residential Property Price Indexes: Eight Capital Cities ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... foretells continued improvement. The IHS Markit Eurozone PMI composite index increased to a reading of 57.1 in May from 53.8 in April - the highest since February 2018 and the third straight month indicating expansion. The manufacturing sector recorded ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... Street rallied last month when the US Bureau of Labor Statistics (BLS) reported that the US economy added 266,000 jobs in April, well-below market expectations for a nearly 1 million gain (978,000 to be exact), but sold off three days later when the ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... to drive growth in the country's consumer prices significantly beyond zero. In his press conference after the 27-28 April FOMC meeting, Fed Chairman Powell stated that, "Readings on inflation have increased and are likely to rise somewhat further ...