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Showing 181 - 190 of 846 results for "Global financial crisis"

Industry super satisfaction continues

HARRISON WORLEY  |  MONDAY, 16 SEP 2019
... the equal highest satisfaction for industry funds since March 2008 which many consider as the onset of Global Financial Crisis with the bankruptcy of US investment bank Bear Stearns. "The increase in industry fund satisfaction to some extent tracks the ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... positions. Crutchfield is chair of the ASX-listed fintech Zip Co, and warned of the standard set since the Global Financial Crisis. "Directors now have an obligation that is personal, and cannot be delegated, to understand aspects of the company's ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
The Global Financial Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" ...

Trustee firm adds executive

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... This is quite different to a traditional low touch, vanilla, institutional approach," he said. Since the Global Financial Crisis, investors are seeking real control of capital rather than simply paying for institutional brand names managing extremely ...

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 ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... refunds would act much like the stimulus cheques mailed out by the Rudd government during the depths of the global financial crisis in February 2009." "On that occasion, cheques of $950, worth a combined $8.1 billion, were mailed out over a short period ...

Australians rapidly gaining wealth: Roy Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... and inflation the average Australian is better off. The report covers the period from just before the Global Financial Crisis until 2019 and draws on over half a million face-to-face interviews conducted with Australians. The researchers found per capita ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... figures showed that domestic economic growth slowed to its slowest pace in a decade (in the midst of the Global Financial Crisis) to 1.8% in the March quarter from 2.4% in the year to the December 2018 quarter. This gave credence to the Reserve Bank ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
... said there is currently more cash held in term deposits earning less interest than at any time since the Global Financial Crisis. "This means that the income on many investors' savings is barely outpacing the increasing cost of living. These trends underscore ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... Russian default in 1997/98; the US recession and the terrorists' attacks on the US in 2001 and the global financial crisis in 2008. The decline in US interest rate expectations make it a sure bet the RBA will announce a 25 basis point rate cut to ...