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Showing 2201 - 2210 of 4772 results for "July 8"

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
... evolving broadly as anticipated. While inflation remains below the ECB's 2.0% target - headline at 1.2%, core at 1.3% in July - the ECB is now more confident that "the continuing economic expansion and the corresponding gradual absorption of economic ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
... high of 2.8% recorded in February. The more important, core inflation measure remained stuck at a two-year low of 1.7% in July - the fourth straight month that it had been below the Fed's 2% target - after peaking at 2.3% in January this year. These ...

AMP prioritises reinsurance, grows advice arm

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
AMP is ramping up its reinsurance strategy in an effort to release $500 million in capital from its life insurance business and curb volatile earnings in a "challenging industry." AMP chief executive Craig Meller today announced the company signed a ...

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
TAL is going above and beyond the minimum requirements of the life insurance code of conduct and calling others in the industry to follow suit. The life insurer is applying the code's minimum medical definitions for cancer, heart attack and stroke in ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
Not happy Jan! This is the collective cry of Australian consumers according to the latest Westpac-Melbourne Institute consumer sentiment survey. Yet only a day before, the NAB business survey showed that business conditions in July were at their best ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
A prominent financial advisory firm is backing the Federal Government's First Home Super Saver Scheme even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... average of six, with positive readings reported in all industries. The survey showed profitability rose sharply to 18 in July - the best reading since October 2007 - from 14 in the previous month; trading conditions dipped from 21 in June but remains ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
Bills to enact the First Home Super Savers Scheme, residential downsizing incentives, and a raft of additional superannuation and retirement policies announced following this years' Budget may not be introduced to Parliament before the end of the year. ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
Unlike the Bank of Canada (BOC) which he headed from 2008-2013, now Bank of England (BOE) governor Mark Carney didn't follow through on the remarks he made at the European Central Bank Forum in Portugal that, "Some removal of monetary stimulus is likely ...

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
Ambitious financial services firms are driving Australia's global leadership in the development of blockchain technology, which is already delivering productivity and innovation benefits to the nation's trillion-dollar wealth industry. BNP Paribas Securities ...