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Showing 1421 - 1430 of 6454 results for "Fed"

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
If this is as bad as it gets, give me coronavirus everyday (well, hope not). The Australian Bureau of Statistics' (ABS) reported that employment increased (yes, it's up) by 5900 in March and the unemployment rate ticked up by an itsy-bitsy-teenie-weenie ...

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... "The US and Europe face much larger challenges with public debt burdens and 'moral hazard' issues associated with Fed and ECB 'unconventional' policies." Miller said the build-up in non-financial corporate leverage was the clearest area ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
QSuper has appealed against an AFCA decision favouring a member complaint seeking a refund on insurance premiums in the Federal Court. QSuper member Tommy Lam last year successfully complained to the Australian Financial Complaints Authority (AFCA) ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
US stocks ended in a sea of red on Wednesday as bleak economic data and corporate losses shifted what had been an almost eerily optimistic sentiment towards trade over the last few weeks. US markets had made somewhat of a recovery of late, with the ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... effects emerge due to firm closures and extended unemployment." How quickly the coronavirus is murdered is the key. As US Fed chair Jerome Powell declared: "If we get the virus spread under control fairly quickly, then economic activity can resume."

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... have fallen to zero." Artificial support from the Federal Reserve has flooded the lending market, Lafferty argued. "The US Fed is now supporting almost every corner of the US lending market. There isn't a single sector or sub-sector of the US Aggregate ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
As ASX-listed companies wind back dividends, income-focused equities funds will have to look harder for sources of income. Australian companies paid out about $55.5 billion in dividends last year, according to Janus Henderson. On average, between 1917 ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
S&P Global Ratings revised Australia's AAA credit rating outlook to negative in the wake of the economic impacts of COVID-19. The AAA credit ratings for NSW and Victoria were also revised to "negative" by S&P. The outlook revision does not guarantee ...

ASIC winds up three financial services companies

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
ASIC has announced it recently obtained wind up orders for three financial services companies, including two financial advice businesses. The Federal Court of Australia in Melbourne handed down the orders to wind up Australasia Wealth Services and Management ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
Ho-hum. Financial markets widely expected the Reserve Bank of Australia's (RBA) decision to keep monetary policy settings unchanged at its April meeting especially so soon after announcing a comprehensive accommodation package the month before ...