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Showing 191 - 200 of 851 results for "Global financial crisis"

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 ...

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... amended." The ASX200 rallied on the back of the election result, reaching its highest level since pre-Global Financial Crisis highs. Core holdings for many self-directed investors and self-managed superannuation funds, the big banks made gains including ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... in other major world economies has dropped by more, even below the yield demanded in the midst of the Global Financial Crisis in 2008-2009. Australian tenners at 1.48% are at record lows; the UK's has fallen to 0.9% - still above the 0.5% low after ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... currency crisis and LTCM (long term capital management) collapse in 1997/98, the US recession in 2001 and the Global Financial Crisis in 2008. Not only that, the Australian Prudential Regulations Authority's (APRA) announcement it is ditching its ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... and 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 resurgence in the domestic equity market will, for sure, revive the wealth effect - households feel richer and ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
... revenue. This is because it's been a sellers' market since 2007, Radar Results said. "After the Global Financial Crisis (GFC) finished, finance became easy to secure, interest rates fell, sellers were hard to find, and buyers were forced to pay ...