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Showing 1201 - 1210 of 3072 results for "Benjamin"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Australian dwelling approvals The Australian Bureau of Statistics (ABS) released figures showing that total dwelling units approved dropped by 5.2% in the month of May, worse than market expectations for a 3.3% fall and more than reversing April's 3.3% ...

Australian elections just gave uncertainty a top up

BENJAMIN ONG  |  MONDAY, 4 JUL 2016
"As a historian, I fear that Brexit could be the beginning of the destruction of not only the EU but also of western political civilization in its entirety." -Donald Tusk, President of the European Council I thought he went over the top and got carried ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
Australia private sector credit The latest update on Australia's private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
Australia new home sales The Housing Industry Association reported that sales of new homes fell by 4.4% to 7,278 units in the month of May following a 4.7% decline in the previous month. Sales of detached homes continued to contract - down by 6.7% in ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
US GDP The Bureau of Economic Analysis' (BEA) third estimate of the US economy showed that real GDP grew at an annualised rate of 1.1% in the first quarter of this year. This is higher than market expectations for a 1.0% growth and an upgrade from the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 28 JUN 2016
UK credit rating The Brexit fallout continues. Credit-rating agencies Standard & Poor's and Fitch Ratings have downgraded the United Kingdom's sovereign credit rating. Standard & Poor's lowered the UK's credit rating by two notches, from 'AAA' to 'AA' ...

Bremorsing and Bregretting Brexit

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
Be careful what you wish for you might just get it. Events are still fluid, speculations still abound, but one thing is certain Brexiteers got what they wished for but recent reports suggest that the 51.9% who voted to say adieu to the EU now regret ...

Brexit - the Australian connection

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
Just like almost all other equity markets around the world, Australia's stock market took a beating from the United Kingdom's unexpected vote to leave the European Union (EU) at the referendum held on 23 June 2016. The All Ordinaries index dropped by ...

Britons vote 'Adieu EU'

BENJAMIN ONG  |  MONDAY, 27 JUN 2016