Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 715 results for "Retail sales"

AMP head of retail sales departs

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
AMP's head of retail sales is departing following a restructure of the sales team last year. Stephen Craig joined AMP in 2008 as head of retail sales and marketing; he then became acting director, contemporary wealth management, head of goals-based ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... the outlook for household consumption. Household incomes are growing slowly and debt levels are high." The latest retail sales report released by the Australian Bureau of Statistics (ABS) indicates that the weakness in spending persists at best and worse ...

Chief economist update: The dog ate my growth target

BENJAMIN ONG  |  TUESDAY, 20 FEB 2018
... liquidity loose again for fear of growing below its 6.5% targeted growth for this year? It appears that way with retail sales growth slowing to 9.4% in the year to December from 10.2% in the previous month and with lesser spending comes lower prices ...

Chief economist update: Bad news is good news returns?

BENJAMIN ONG  |  THURSDAY, 15 FEB 2018
... for US equities and even compounded by data (released on the same day) of weaker than expected retail spending. US retail sales fell by 0.3% in the month of January after recording no growth (revised lower from a 0.4% increase) in the previous month. ...

Perennial appoints institutional sales lead

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... investment solutions that best suit clients' needs," he said. In October last year Perennial also appointed a new head of retail sales, Cesar Farfan. A new head of mid-caps in Grant Oshry, and a new head of smaller companies and micro-caps in Andrew ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... and by extension, consumer confidence and spending. While consumer confidence have lifted in December and January, retail sales resumed its downtrend - down 0.5% in December after November's 1.3% increase - sending the year-on-year rate slowing from ...

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
... confident? Why, they go shopping of course! Suddenly, it looks like there's more to where that 1.2% surge in November retail sales - put down to "Black Friday and iPhone X sales" - came from. Because household consumption accounts for around two-thirds ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... going and inflation is sprouting green shoots. Mr. & Mrs. Jones continue to spend, spend and spend. While overall retail sales slowed to 5.5% in the year to December (from 6.0% in the previous month), the more important core retail sales (ex autos) accelerated ...

Chief economist update: iPhone and Black Friday sales ring up retail registers

BENJAMIN ONG  |  FRIDAY, 12 JAN 2018
... at least, is what one would conclude after seeing the Australian Bureau of Statistics' (ABS) report revealing that retail sales surged by 1.2% in the month of November. This is more than double October's 0.5% increase and triple market expectations for ...

Chief economist update: A prelude to taper?

BENJAMIN ONG  |  WEDNESDAY, 10 JAN 2018
... fastest in 16 months - and with it (and the wealth effect from the soaring stock market), increased consumer spending. Retail sales increased by 2.2% in the year to November, more than offsetting the 0.3% decline recorded in the previous month. To be ...