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Showing 1921 - 1930 of 5948 results for "Banks"

Western AM says credit to be positive in 2016

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
... as it transitions from a manufacturing/export economy to a more consumer driven/service economy. And most major central banks remain accommodative, which is a strong tailwind for the global economy." He explains that while these factors indicate a global ...

Confused environment leads to Aussie stock volatility

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
... their delivery. "An example of this is BHP being bid up despite a big dividend cut, and investors no longer chasing the banks despite tempting yields," he said. "All companies are cutting costs to get earnings growth despite sluggish top lines; however ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
... more than 4 percent higher than projected in December". The NZ$ is currently trading at US$0.6627. Like many other central banks (the BOJ and the ECB, in particular), the RBNZ wants a lower currency in order to boost the country's export competitiveness ...

QSuper takes industry leap with retirement incomes

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
... super fund has offered what could be viewed as both a fee holiday and a play to slow accumulation savings shifting out to banks, self-managed super funds (SMSFs) or being paid out as a lump sum. Reported as an industry first, the bonus comes into effect ...

Market confidence marches in March

BENJAMIN ONG  |  MONDAY, 7 MAR 2016
... outlook changed that much as the calendar turned to March? To be sure, oil prices are higher, lifting energy companies and the banks that lent to them. Still, if we're watching the data (as most central banks do and tell us to do), the best that could ...

Joyce Phillips leaves in ANZ restructure

ALEX BURKE  |  WEDNESDAY, 2 MAR 2016
... group is "looking at how we improve returns from insurance and investment products given the additional capital requirements banks now have." Broadly speaking, the restructure will involve "aligning the distribution of wealth products and services with ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... of China's (PBOC) surprise 50 bps cut in the reserve requirement ratio (RRR) the day before (29 February) to 17% for big banks. It's still early days but the PBOC seems to be following last year's scripts when it began a series of policy easing - it ...

Credit Union enters super through platform

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
Bankstown City Credit Union has become the latest mutual to use a shared superannuation platform, allowing them to enter the $2 trillion market and expand its product range. The credit union, which has about 5000 members, is now using Financial Synergy's ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
... earliest being a 25bps cut in May. If you ask moi, my answer would be it depends. It depends on the actions of other central banks. The European Central Bank (ECB) meets on the 10th of March. It's already promised action at this meeting. Speculations ...

Dimensional expands with new Melbourne office

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
... capital and home to the nation's first stock exchange. It still hosts the headquarters of two of Australia's four major banks, many industry superannuation funds and several respected business schools. Dimensional has 12 offices in eight countries and ...