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Showing 171 - 180 of 461 results for "SUBD"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
RBA holds The Reserve Bank of Australia (RBA) kept domestic monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account ...

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 ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 APR 2016
AiG Performance of Construction index Construction activity in Australia continues to slow. The AiG Performance of Construction Index fell to a 13th month low of 45.2 points in March from 46.1 in February. The latest result also marked the fourth straight ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 23 MAR 2016
Australia residential property price index Residential property prices in Australia's eight capital cities (weighted average) increased by 0.2% in the December quarter. Though still higher than market expectations for 0% growth, the fourth quarter growth ...

Data says not yet but what would Janet say?

BENJAMIN ONG  |  WEDNESDAY, 16 MAR 2016
There's a kind of hush in financial markets as focus turned to the Fed's FOMC meeting which started overnight. While the Fed is not expected to alter monetary policy at all at this month's meeting, there's a niggling sense of anticipation of what Janet's ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
It was unexpected but not a total surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 25 basis points to 2.25% contrary to consensus expectations that the New Zealand central bank will keep interest rates unchanged after this ...

Australian wages grow slowest on record but real is better

BENJAMIN ONG  |  THURSDAY, 25 FEB 2016
The Australian Bureau of Statistics' (ABS) latest update on wages may have disappointed expectations but also confirmed what workers have been experiencing all along. The Wage Price Index - total hourly rates of pay excluding bonuses - grew by 2.2% ...

ANZ cash profit up, net down

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
ANZ has announced an unaudited cash profit of $1.85 billion in the three months to 31 December 2015, up 4% on the prior corresponding period. Statutory net profit was $1.6 billion, down slightly from the $1.65 billion reported for the December 2014 ...

Yellen fedspeaks her mind

BENJAMIN ONG  |  THURSDAY, 11 FEB 2016
"The same old story It's been told much too much before The same old story But it's worth telling just once more..." - Billie Holiday Perhaps she didn't want to add rattle to an already jittery market. Perhaps she didn't want to deviate from the Fed ...

Risks are overstated: AUI

MARK SMITH  |  FRIDAY, 5 FEB 2016
Some of the risks for the year ahead have been overstated and there are still plenty of opportunities to make good investments, according to Australian Unity Investments' joint venture asset managers. At a briefing in Sydney, Wingate Asset Management ...