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Showing 141 - 150 of 1161 results for "GFC"

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... household consumption rose by just 0.1% over the three-month period to its slowest pace since the December quarter of 2008 (GFC days). Where have the dividends from Morrison's tax offset and reduced mortgage repayments go? They were saved! The household ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the GFC," I wrote. "The A$/US$ exchange rate has currently fallen to US$0.6786 (following the jobs report) but it has risen and remains ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the GFC. The A$/US$ exchange rate has currently fallen to US$0.6786 (following the jobs report) but it has risen and remains above the ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Investors stuck in a Queensland-based mortgage income fund that went belly up in the GFC have finally received an interim distribution. LM First Mortgage Income Fund's unitholders are set to receive an interim distribution of 6.5 cents for each dollar ...

Volcker Rule tweak gets green light

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
Post-GFC legislation that stopped big Wall Street banks from using their customers' money to invest in risky trades has seen a revision that could relax some of the restrictions. On October 8, five United Stated agencies approved the changes to the ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... August, down from its recent high of 3.7% recorded last year and way below the 6%-8% rate during the boom time before the GFC - and they certainly, aren't going to borrow to spend - total private sector credit slowed to 2.9% in the year to August ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... dropped deeper into contraction territory from 49.1 in August to a reading of 47.8 in September - the lowest since June 2009 (GFC days) and lower than market expectations for an increase to 50.4. Then it got worse. While still in expansion territory ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... dropped deeper into contraction territory from 49.1 in August to a reading of 47.8 in September - the lowest since June 2009 (GFC days) and lower than market expectations for an increase to 50.4. Nine out of 10 of the ISM manufacturing sub-indexes remained ...

Industry super satisfaction continues

HARRISON WORLEY  |  MONDAY, 16 SEP 2019
... the Australian share markets which reached a new record high in July nearly 12years after their previous high prior to the GFC."

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... made a rod for their back by not re-establishing lower return expectations in their communications with members. Since the GFC, the world has entered "very strange and uncharted economic times", typified by the issuance of bonds with negative coupons ...