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Showing 141 - 150 of 1147 results for "GFC"

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the domestic economy during the global financial crisis (GFC) and the "Great Recession" when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global ...

Australians rapidly gaining wealth: Roy Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... researchers found per capita net wealth in real terms (adjusted for inflation) is 28% higher now than it was just before the GFC. Over the period, Australia performed very strongly - particularly in comparison to European nations during the same period. ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was in chaos. ...

Challenger funds management chief resigns

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... in designing and implementing the group's total capital solutions strategy. "Ian led the business through the challenging GFC period and through to the most recent financial period where the continued progress of the Total Capital Solutions strategy ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
... property, infrastructure, private capital and alternative strategies. Sunsuper chief economist Brian Parker said: "We are at a pre-GFC level of employment. With such low unemployment it's going to be hard for growth to continue because where are businesses ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... lows; the UK's has fallen to 0.9% - still above the 0.5% low after the Brexit referendum in 2016 but way down from the GFC low of 2.95%. Meanwhile, Euro bond yields are minus 0.17% - they dropped to 2.9% during the GFC - and yields on 10-year JGBs ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
... revenue. This is because it's been a sellers' market since 2007, Radar Results said. "After the Global Financial Crisis (GFC) finished, finance became easy to secure, interest rates fell, sellers were hard to find, and buyers were forced to pay ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... inflation, leading to what we now see as the great moderation of the 1990s. This has lingered and was going swimmingly until the GFC interrupted it in 2008. Since then, it appears that no amount of money splashed by central banks is able to stir above-target ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... economy... if everything remains the same." But they don't. Fiscal and monetary authorities react. The experience of the GFC just a decade before is a perfect example. The same thing is happening now as I write. The Fed's on pause; the ECB has ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... surplus, equivalent to 1.7% of GDP in 2008 quickly flipped into a 2.1% deficit the following year and a 4.2% deficit due to the GFC. The economic projections in the Budget Papers 2019-20 look rational enough - GDP growth of 2.25% this fiscal year and ...