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Showing 1401 - 1410 of 6453 results for "Fed"

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
April unemployment data released by Roy Morgan today paints a far gloomier picture of Australia's workforce than the Australian Bureau of Statistics' latest data from March. Roy Morgan found 15.3% of the workforce (2.16 million people) were unemployed ...

Chief economist update: No escaping the inverted yield curve

BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... will support sustained growth, a strong labor market, and inflation near our symmetric 2% objective." In other words... the Fed is done cutting interest rates. This optimism is consistent with the December 2019 dot plot of FOMC participants' assessment ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
Early release of super was the topic most frequently asked about by advisers during March and April, according to new figures from AMP's technical adviser support team. The next most asked about issue was minimum pension drawdowns as the government ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... personal spending in March (released on the same day) - the sharpest fall on record - seems like a drop in the bucket. Both the Fed and the Trump administration had been throwing money at the problem so it would go away. Still, the US economy contracted ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... virus. I hope I'm wrong." These rising stock prices have been influenced almost completely by increased liquidity from the Fed, he said. "Billions of dollars are being pumped into the financial system and that is pushing up financial asset prices," ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
COVID-19 will shave off more than $3.5 billion from the banking and finance industry in lost wages and profits in the four months to July, according to Deloitte Access Economics. Deloitte Access Economics Partners partner Chris Richardson estimates ...

FASEA too soft on ethical investing: Advisers

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
During a Responsible Investment Association of Australasia webinar some financial advisers have suggested that FASEA's Code of Ethics doesn't go far enough on ethical investing. Appearing on the webinar, Federation Financial Services adviser Dave Rae ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
Central bank action including buying corporate bonds combined with cheapened valuation has led BlackRock Investment Institute to upgrade credit to a modest overweight. BlackRock's latest six to 12 month tactical views on major global asset classes (in ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
A $38.9 billion ASX-listed real estate portfolio manager is set to bolster its balance sheet with a multi-million dollar institutional placement, as it moves to better withstand the impacts of the COVID-19 pandemic. In addition to the $275 million institutional ...