Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1121 - 1130 of 4541 results for "Dollar"

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... 'Statement on Monetary Policy'. To wit: "The exchange rate is another source of uncertainty for the forecasts. The Australian dollar has appreciated by 5% on a trade-weighted basis since the May Statement, and by 7% against the US dollar. This has been ...

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
... development of blockchain technology, which is already delivering productivity and innovation benefits to the nation's trillion-dollar wealth industry. BNP Paribas Securities Services has progressively stepped up its blockchain expertise in the Australian ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
The Commonwealth Bank is potentially facing millions of dollars in civil penalties following allegations it did not comply with anti-money laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
... lowest level since September 2013 to 45.9 in July from 53.1 in June. Moreover, the rupee's appreciation vis-a-vis the US dollar - up 6.6% this year to date - would compound the country's slowing growth and low inflation dynamics.

Industry fund reduces insurance premiums

KARREN VERGARA  |  THURSDAY, 3 AUG 2017
... O'Farrell said premiums will drop from 0.7% to 0.615% of gross income based on a member default 21-day waiting period. In dollar terms, this equates to $7 per $1000 of cover to $6.15 per $1000 of cover. It will continue to cover up to 90% of members' ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
... - it contributed 0.48 percentage points to growth, thanks to strengthening global growth and, of course, the weaker US dollar. Okay, okay. These still all relate to economic growth past. Low inflation - that current bugbear of many world central banks ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... that would, in turn, lead to even lower inflation. The text of his speech did not contain any reference to the Australian dollar - the recent appreciation of which would add to the challenge for the RBA in "delivering Australians an average rate of inflation ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... unwinding its balance sheet (potentially in September), the US central bank's more dovish tone reversed the Australian dollar's direction, sending it back up above US$0.80 overnight. The Fed's change of tone sent the US dollar index to its lowest level ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... the RBA's hawkish leaning. But in parallel with current developments in the UK (except for the appreciating Australian dollar), the RBA's reaction would not and should not be dictated by one set of inflation numbers. Else, the butcher, the baker or the ...

Riding the retirement tidal wave

ALEX BURKE  |  TUESDAY, 25 JUL 2017
... consider themselves "old" and will likely both continue working and driving up consumption with the advent of the "silver dollar." "To put it another way, quoting The Castle, if you think you're retiring at 65 you're dreaming," he said. While superannuation ...