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Showing 1321 - 1330 of 4003 results for "Cut"

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
Australians all, let us rejoice! Our economy is in pole position. The Australian Bureau of Statistics' (ABS) National Accounts report showed the economy expanded by 3.1% in the year to the March quarter, accelerating from the 2.4% in the previous ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... On present indications, the most prudent course is likely to be a period of stability in interest rates." And then came the cut at its February 2015 meeting, despite data available to the RBA at the time showed GDP growth averaged 2.6% in 2014, the weighted ...

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
... to adopt the RC recommendations especially regarding responsible lending, tightening credit conditions for banks. UBS has cut the 12-month rating for Westpac to sell from neutral since its last credit crunch report in March. Westpac joins NAB and Bank ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
The sharp turnaround in the All Ordinaries index from the 2018 low of 5859.15 points plumbed on April 3 to 6234.95 points - 6.5 points short of this year's high of 6241.46 points (January) - by May 14 it had almost prompted me to declare that 2018 ...

Perennial cuts fees for defensive LIC, revises investment strategy

ALEX BURKE  |  TUESDAY, 22 MAY 2018
... company as part of a revision of the overall investment strategy. Management fees for the Wealth Defender Equities LIC will be cut from 0.98% to 0.8%. This follows the LIC's board announcing that historically the investment mandate has included the ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
It's good and...it's bad. The statistician's estimates of the Australian labour market for April provide something to crow about for the optimists and the pessimists alike. As the bulls would have it (that includes the Coalition government ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
Now we know. Growth in Australian wages remained stuck cruising at a low altitude of 2.1% in the March 2018 quarter, unchanged from the previous quarter and the quarter before that. Take these annual growth rates to two decimal places and we find that ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
Six index points or 0.1% is all the All Ordinaries index needs to add to by the close of today's trading activity and it would match the decade-high (January 2008) closing level of 6241.46 points recorded on January 9 this year. As at yesterday's ...

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
... it was pulling five iShares products from the Australian Securities Exchange and re- domiciling 14 from US to Australia to cut taxes for investors. The scrapped iShares ETFs were indexed to Russell 2000, MSCI Singapore, Global Telecom, MSCI Hong Kong ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
No one can escape it, even if we try. The media - radio, TV, print, social - is full of it. Reports, assessments, and implications of Australia's Federal Budget 2018-19. There's the usual flood of "Budget winners and losers" and the "what's in it for ...