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Showing 211 - 220 of 848 results for "Global Financial Crisis"

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... health, early retirement and higher costs of living. Demand for reverse mortgages grew gradually since the Global Financial Crisis, with the total exposure of ADIs to reverse mortgages increasing from $1.3 billion in March 2008 to $2.5 billion by December ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... September 2008, setting off a chain of events that changed the meaning of GFC from Geelong Football Club to Global Financial Crisis. Maybe, this time is different. Then again maybe not. The "Economic Letter" published last night by the Federal Reserve ...

Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
... Wavestone Capital co-founding principal Catherine Allfrey, who also spoke at the event, said when the Global Financial Crisis hit numerous women left the investment management industry - and many never came back. The market was down 40% and there were ...

Aussie seniors fear GFC repeat

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
Ten years on, Australian seniors are living in fear of a repeat of the Global Financial Crisis with 25% unable to tolerate any annual loss on retirement savings. Latest research from National Seniors Australia and Challenger shows 70% of Australians ...

APRA tells banks to prepare for financial storm clouds

HARRISON WORLEY  |  THURSDAY, 12 JUL 2018
... enveloped the banking system. "The banking system's funding profile has improved considerably since the global financial crisis, and asset quality remains solid. All in all, it's a pretty positive financial story. But so it should be: after 26 years ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... Consumers see jobs more plentiful and easier to get these days than in the last boom years before the global financial crisis.... and recall ex-Fed Chair Yellen's focus on the labour market under-utilisation in years gone by, the U-6 unemployment ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... "Overseas funds are pulling out of six major Asian emerging equity markets at a pace unseen since the global financial crisis of 2008 - withdrawing $19 billion from India, Indonesia, the Philippines, South Korea, Taiwan and Thailand so far this year ...

Global fund manager creates executive role

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... crises, CFM president Philippe Jordan said true-to-label balanced portfolios have been rare since the Global Financial Crisis. Jordan said the disappearance means investors have become over-reliant on equity returns, which have undoubtedly been great. ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... surplus, equivalent to 1.7% of GDP in 2008 quickly flipped into a 2.1% deficit the following year due to the global financial crisis. The economic projections in the Budget Papers 2018-19 look rational enough - GDP growth of 2.75% this fiscal year and ...

Volatility divides investors: Survey

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
... Asset purchase plans instituted by central banks to lower rates and increase the money supply during the Global Financial Crisis have been in place for the better part of a decade. "Nobody knew what the effect would be when measures were implemented ...