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Showing 111 - 120 of 147 results for "Crystal"

The majority is wrong

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2012
... cash rate unchanged at 4.25% despite almost universal consensus that it would lower borrowing costs for Australians all. Crystal clear on crystal ball. Heading into the RBA's first Board meeting for 2012, we've read reports that 21 of 24 economic gurus ...

Forecasts shmorecasts

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2012
... what gives is we've heard this tune before. And heck, this is good news compared with what the World Bank (WB) saw in its crystal ball only a few days back. The WB sees the world economy expanding by only 2.5% this year and by 3.1% the next and warned ...

2011: hits and misses

BENJAMIN ONG  |  FRIDAY, 16 DEC 2011
... initial assessment that the midyear slowdown was temporary -- the fact is the US economy is improving. As for Europe, my crystal ball was crystal clear. "The bears will sum their rationale in four words: European sovereign debt crisis. Yes Virginia ...

RBA right to cut rates and correct to hold

BENJAMIN ONG  |  TUESDAY, 6 DEC 2011
... tell you this is not statistically significant. In simple terms, you wouldn't want to bet your house on what a mere 25 crystal balls foretell - much less when they're premonition differs. The RBA can go either way... and no one can fault it for doing ...

Go figure

BENJAMIN ONG  |  TUESDAY, 1 NOV 2011
... boy, we're in trouble... again. But behind the sensational eye-catching headline are the underlying numbers on the OECD's crystal ball that show growth in the biggest 20 economies of the world dipping from 3.9% in 2011 to just 3.8% next year before surging ...

Statewide and Local enter merger due diligence

ELISE BURGESS  |  THURSDAY, 13 OCT 2011
The merger between StatewideSuper and Local Super is moving to the next stage after receiving in principle approval from the major shareholders of both funds. Chair of StatewideSuper, Nicholas Begakis, and Local Super chair, Juliet Brown, said the proposed ...

In a better place

BENJAMIN ONG  |  TUESDAY, 16 AUG 2011
... make sense is for the Australian equity market to fall almost as much as the bourses of America and Europe when it is crystal clear that Australia is in a much better place and is now less-dependent on these countries' growth. It had only been three ...

IOOF moves for 100pc DKN shares

ELISE BURGESS  |  TUESDAY, 14 JUN 2011
IOOF Holdings has moved to dramatically increase its shares in DKN Financial Group from 18.49 per cent interest to 100 per cent for a complete acquisition of the firm. IOOF, which has held shares since DKN listed in 1989, said the relatively illiquid ...

StatewideSuper to merge with Local Super

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
Industry fund StatewideSuper is to merge with smaller fund Local Super in a deal that would create a $4 billion entity, covering 160,000 members of the state's work force. Statewide Super, which has about 90 employees, 135,000 members and $2.4 billion ...

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
Merging superannuation funds have been granted a three-month tax relief extension by Financial Services and Superannuation Minister Bill Shorten. Minister Shorten today said that the Government would extend the temporary tax loss relief for consolidating ...