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Showing 151 - 160 of 2971 results for "Overnight"

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... from providing opt-out insurance to new members under 25 and low balance account holders was reintroduced in Parliament overnight. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, which was put on hold in April, is now being ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... headlines have picked up on the fall and fall in the yield offered by 10-year US Treasuries. The yield closed at 2.24% overnight, down from 2.26% the day before - the lowest since September 2017. But the chart below shows the yield of similar maturities ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... price index - has eased to just 1.5% in the year to April, down from 1.8% in 2017 and 2018. This is perhaps, what the overnight dive in the yield on 10-year US Treasuries reacted upon - down to 2.26%, the lowest yield since September 2017. You can blame ...

YBR overhauls wealth arm

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... cuts under the supervision of chair Mark Bouris. Its chief executive will also step down. YBR's board announced overnight it will commence to dispose, outsource or restructure its wealth functions. Rainmaker analysis of ASIC's Financial Adviser ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... current 5% US equity markets dropped. The S&P 500 index and the Dow closed 2.4% lower with the Nasdaq diving by 3.4% overnight. Ten-year US Treasury bond yields declined by 5 bps to 2.4% - its lowest level since March. The VIX index (the fear gauge) ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... the economy. And the Euro Stoxx-50 index lost 1.1%. As for Wall Street, the S&P 500 index dropped by as much as 1.6% overnight before closing 0.5% lower; the Dow fell by as much as 1.8% before closing 0.3% down; the Nasdaq gave up 2.3% in intra-day trade ...

AMP leaks $1.8bn, names new CFO

HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
... demand for AMP to take advantage of. "This transformation of AMP is going to be a multi-year journey and will not happen overnight," he said. De Ferrari also revealed AMP's priorities for 2019 would include delivering advice remediation to wronged ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... couldn't miss it even if you tried; the S&P 500 index and the Nasdaq Composite Index surpassed their former peaks overnight. And the Dow is not far behind - it's off a mere 0.6% away from its all-time high. Yes Virginia, you can be forgiven for ...

Financial product design and distribution law passes

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 passed both Houses of Parliament overnight. Providers must determine the target market for financial products on offer and make this known to the public. They must ...

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... provide information to educate and assist consumers navigate the superannuation system," he said. Frydenberg announced overnight that voluntary superannuation contributions will be relaxed. Sixty-five and 66-year-olds will no longer need to meet the ...