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Showing 151 - 160 of 1161 results for "GFC"

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... that retail sales remain weak - 2.4% in the year to July from this year's high of 3.5% in March and over 8% before the GFC. The income tax cuts delivered on 1 July should help, but not when wages remain stagnant (unchanged at 2.3% in the year to ...

Gender wealth gap down to 11%: Roy Morgan

KRISTI CHENG  |  THURSDAY, 8 AUG 2019
... for women today sits at 89% that of men - $400,000, to men's $449,000. This is compared to the 20% gap in 2007 ahead of the GFC when net wealth for women was $236,000, 80% of the $296,000 for men. Over the same period the average net wealth per capita ...

Buy time ahead for Aussie equities: Tribeca

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... share investors can expect buying opportunities heading into the reporting season even though the index just hit its post-GFC high, according to Tribeca's Jun Bei Liu. The S&P/ASX 200 has climbed more than 1200 points or about 20% since the start of ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... having weakened. Retail also continues to show ongoing malaise, with reported business conditions at a level last seen in the GFC - while manufacturing has also shown steep declines." Business conditions rose to a reading of +3 in June from +1 in the ...

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 ...