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Showing 1101 - 1110 of 3874 results for "August"

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... the Reserve Bank of Australia (RBA) to cut the official cash rate from 2.0% to 1.75% in April and then again to 1.5% in August of the same year. Eighteen months on -- the time back in August 2014 when then RBA governor Glenn Stevens told the House of ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
... symposium - online as it may be this year due to the pandemic - produced another significant shift in US monetary policy. On August 27 at the Hole, US Federal Reserve chair virtually buried the Philips Curve - the inverse correlation between inflation ...

Is your CEO smart or just lucky?

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... to a 3% increase in CEO-power relative to the median," Al-Sabah said in a preliminary draft of the report published on August 21. The findings are primarily driven by companies that have weaker governance and institutional ownership. "We also find some ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... economic effects of COVID-19. The latest PMI data showed business activity across Australia falling back into decline during August as the re-imposition of COVID-19 measures in parts of the country disrupted business operations and hit demand, with the ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... while investigations into whether directors of the bank had complied with the Corporations Act had also been dropped. In August 2017, AUSTRAC alleged the bank had contravened the Anti-Money Laundering and Counter Terrorism Financing Act 2006 more than ...

Centuria acquires industrial assets

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... million, with an initial yield or 6.7%. Centuria said the assets add to its recent three acquisitions announced in early August, including a $416.7 million Telstra Data Centre. Centuria Industrial REIT portfolio manager Jesse Curtis said the acquisitions ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... far, it's not looking good. The au Jibun Bank Japan PMI survey shows private sector activity remains in contraction in August - the seventh straight month for the composite PMI; the ninth for the services PMI; and, the 16th for manufacturing. Base ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... your party with you..." - Kool & the Gang The post-pandemic pool party at Wuhan Maya Beach Water Park that went viral on August 17 garnered negative - "a slap in the face to the rest of the world" - and positive - fruit of its hard lockdown, responses. ...

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... underlying EBITDA for the group lifted 60% to $24.7 million. HUB24 had $18.5 billion in funds under administration as of August 21, with volatility and negative market movement during the 2H20 impacting $1.1 billion of FUA. The annual impact of market ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... Slovenia, Malta, Austria, Hungary and Greece have all had increases in infections of more than 70% during the week of 10-16 August vs the prior week. In northern Europe, Denmark, Switzerland and Norway have all had spikes of between 46.9% and 59.4%." ...