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Showing 1301 - 1310 of 7033 results for "December"

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
... respectively, it forecast in March and a sharp upgrade from the 4.2% (for 2021) and 3.7% (for 2022) predicted in its December 2020 report. The price of Brent oil rallied to US$71.20/barrel and WTI oil soared to US$68.83 a barrel. This year to date, the ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... there'll be more spending going forward to satisfy pent-up demand. The savings ratio was recorded at 5.4% in the December 2020 quarter and has dropped by as much as -1.7% in the December 2002 quarter. That's a lotta savings that'll go towards ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... 'Economic Outlook' report upgraded Australian GDP growth to 5.1% this year (from 4.75% it forecast in March and 3.2% in December 2020. This stronger economic growth would boost the labour market with the RBA expecting the jobless rate to continue ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... Financial Services Report Litigation funding and the regulation of the class action industry, which was handed down on 21 December 2020, contained 31 recommendations. The report showed the growth of litigation funding, the participation of international ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... respectively, it forecast in March and a sharp upgrade from the 4.2% (for 2021) and 3.7% (for 2022) predicted in its December 2020 report. However, it cautioned that the recovery is likely uneven... "In many advanced economies more and more people are ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... representing an increase of approximately 70% on the consortium's implied valuation of PEXA at $1.95 billion." In its December 2020 half-year results, Link reported PEXA's transaction volumes grew 28% to 1.53 million compared to the prior corresponding ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... paid all current colleagues and are now in the process of contacting former colleagues." The bank launched the review in December 2019, covering Australian and overseas employees, in consultation with PwC and King & Wood Mallesons. The FSU estimates ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... 348 clients and 1042 funds at March end, up 1% (five net new clients) and 13% (162 net new funds) respectively from the December quarter. "We are delighted with this result. It is beyond our expectations and our strongest quarter to-date," Mainstream ...

JANA appoints head of sustainability

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... investment outcomes from well-constructed portfolios for our clients." JANA had $850 billion in assets under advice as at 31 December 2020. It is the largest asset consultant in the not-for-profit superannuation market and has expanded into managed accounts ...

BUSSQ extends Link contract

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... as executive manager, operations, product and finance. The super fund was also the third top performer in MySuper for December end when risk adjusted returns were considered.