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Showing 1691 - 1700 of 4546 results for "October"

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... US$0.50. It cushioned the Australian 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. C'mon, Aussie, c'mon, do what you do best and help keep ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by keeping interest rates unchanged - repo rate at 6.5%, reverse repo rate at 6.25% - at ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... superannuation funds to only offer life cover to young members and those with low balances where they have opted in to it from 1 October 2019. "It means the hard-earned retirement savings of millions of Australians will be protected from undue erosion ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... previous month - and more importantly, rising wages - up by 1.8% in the year to December from 1.7% in November and 1.5% in October. The drop in the headline CPI inflation rate to 0.3% from 08% over the same period underscore the sharp increase in Japanese ...

Class appoints chief executive

KARREN VERGARA  |  MONDAY, 18 FEB 2019
... where he helped launch the wealth management and financial planning business. Bungard stepped down as chief executive in October 2018 after more than four years in the role. He joined the business 10 years ago as chief operating officer. Chief financial ...

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
... Year-on-year, growth in retail spending slowed to 2.3% in the 12 months to December from 4.2% in November and 4.7% in October. As such, the Atlanta Fed's GDPNow forecast model now predicts US GDP growth of 1.5% (annualised) in the December 2018 quarter ...

Aussies find $860m in lost super

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
... consolidated some of their retirement savings at the end of last year, with more than 105,000 super accounts consolidated between October and December. The ATO said this data referred specifically to consolidation through its ATO Online service which ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... dated January 2018. That time, the IMF projected euro area growth of 2.0% for this year (an upgrade from 1.7% forecast in October 2018). Fast forward 12 months, the IMF's January 2019 WEO update printed eurozone growth of just 1.6% this year and ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... when the RBA held interest rates unchanged at 2% between May 2015 and April 2016 or at 4.75% back in November 2010 to October 2011, both were followed by a reduction in interest rates.

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... outflows from its "BT badges." IOOF said it replicated BT's Open offer via its Insignia Wrap range, which launched in October 2018. It grew to $976 million in FUA by the end of 2018, but net transfers to other BT badges slowed to $66 million, IOOF ...