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Showing 101 - 110 of 521 results for %22National Accounts%22

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
... mainly due to a 0.4 percentage point contribution from net exports. Great! Except that a look at Japan's National Accounts show exports subtracted 0.4 points (down 2.4% in the March quarter) while the sharp 4.6% drop in imports contributed 0.9 percentage ...

IOOF hires national manager

KANIKA SOOD  |  MONDAY, 17 JUN 2019
IOOF has hired a NAB investment specialist as national manager for platform solutions, including managed accounts. It has confirmed the appointment of Andrew Rockliff as national manager of platform solutions in April. Rockliff is charged with maximising ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... Australia's (RBA) decision to cut interest rates to a record low of 1.25% just a day before the Australian National Accounts were released. While the RBA's rate reduction would certainly help, note that the RBA monetary policy transmission mechanism ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... numbers were released. But is it? As always, the devil is in the details and the details are devilish. Japan's National Accounts show net exports accounted for 0.4 percentage points of the 0.5% growth in the March quarter. Nothing wrong with this ...

HESTA joins ESG social media fight

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... joined the movement globally - including the Church of England Pensions Board, West Yorkshire Pensions Fund and Swedish national pensions funds AP1-4. HESTA chief executive Debby Blakey said: "Social media companies have become incredibly savvy at providing ...

NAB remediation bill hits $1.1bn

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
National Australia Bank has set aside an additional $525 million for customer remediation, more than 90% of which is in relation to its wealth operations. The total owing is now estimated at more than $1.1 billion. Announced today, the $525 million ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
Older Australians are feeling the pressure of a retirement system geared towards superannuation, according to National Seniors Australia. The report, launched in conjunction with Challenger, shows over a quarter of retirees who claim they can't tolerate ...

Chief economist update: Aussie property price falls become self-fulfilling

BENJAMIN ONG  |  MONDAY, 8 APR 2019
... Outlook. Back then the fund predicted growth would come in at 3.2% in 2018 before cooling to 2.8%. Official ABS national accounts published last month showed annual growth in 2018 came in materially lower at 2.8%." I would have to agree. This is because ...

Qantas Super urges women take control of super

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... ability to afford a comfortable retirement. Qantas Super chief executive Michael Clancy said: "We strongly support a national discussion about women and their superannuation and wellbeing in retirement. This is a problem that must be addressed by both ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... all had a negative bearing on the Australian economic outlook. This is no better depicted than by the recent National Accounts update showing the slowdown in Australian GDP growth - to 2.3% in the December 2018 quarter (the slowest since the September ...