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Showing 1601 - 1610 of 4005 results for "Cut"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 27 MAY 2016
... are completed during April and May" (ABS) and therefore respondents may have not completely factored in the interest rate cut announced by the Reserve Bank of Australia (RBA) on the 3rd of May. US durable goods orders Indications on US business investment ...

Australia tanks in global dividend index

MARK SMITH  |  TUESDAY, 24 MAY 2016
Australian income seekers have been whacked by the downturn in the mining sector, with high a profile dividend cut from BHP Billiton leading to Australia tumbling down the Henderson Global Dividend Index in the first quarter. In Australia, dividends ...

MetLife makes two senior hires

ALEX BURKE  |  MONDAY, 23 MAY 2016
... commitment to innovation, we're excited to welcome Brenton to help further ingrain a culture of innovation in MetLife's DNA and cut through complexity, drawing on his experience with start-ups and entrepreneurs." Meanwhile, Alex Kleiman, Metlife's new ...

ANZ to cut 200 jobs

KERRIE SYDEE  |  WEDNESDAY, 18 MAY 2016
ANZ has announced that it will cut up to 200 jobs in its Australia division as a result of weaker than expected economic conditions. The cuts will largely come from the Melbourne office and will mainly consist of managerial and back office positions ...

Competitive forces driving US pension fees down

MARK SMITH  |  WEDNESDAY, 18 MAY 2016
... said a new Labor Department rule that holds financial advisers to higher standards of behavior will likely lead many plans to cut costs. These factors have caused plan administrative costs to fall to their lowest level in a decade last year, while overall ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 17 MAY 2016
... to April from 4.8% in the previous month. The lower inflation reading in March was a main factor in the RBI's decision to cut its benchmark repo rate by 25 basis points to a five-year low of 6.5% at its April meeting - the first rate reduction since ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 13 MAY 2016
... Inflationary Expectations Survey released by the Melbourne Institute shows that the Reserve Bank of Australia (RBA) couldn't have cut interest rates soon enough. Recall that the RBA cut interest rates by 25 basis points to 1.75% after its 3 May Board ...

Oxford-Man Institute expands into machine learning

KERRIE SYDEE  |  THURSDAY, 12 MAY 2016
The University of Oxford and Man AHL have announced that the Oxford-Man Institute (OMI) will expand its focus on machine learning and data analytics, becoming part of the University's department of engineering and science from 1 August 2016. The expansion ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 12 MAY 2016
... month. The "time to buy a dwelling" component jumped by 12.1% over the month - underscoring the impact of the recent RBA rate cut - amid expectations of lower house prices (house price expectations index down by 2.7% in May). The "time to buy a major ...

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
... currently fetching US$0.7366 - a two month low - down from US$0.7667 on 2 May (the day before the RBA meeting and surprise rate cut announcement). It could be said once again, that the RBA has done what the European Central Bank (ECB) and the Bank of ...