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Showing 2341 - 2350 of 5924 results for "March 4"

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
Although not completely gangbusters, the latest Australian labour market update provided another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
APRA has raised the CET1 capital ratios for the big four banks to meet the "unquestionably strong" benchmark outlined in the Financial System Inquiry. By 1 January 2020, the big four will need to achieve a CET1 capital ratio of at least 10.5%. APRA ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
It seemed so long ago now that a "bag the Aussie dollar" campaign was what we read in financial media. The Australian dollar was trading at about US$0.75 then, it closed at US$0.7832 on 14 July and is currently trading at US$0.78. It's exactly two months ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
"It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full effect on inflation. This means that central banks must target future inflation by anticipating future deviations from target." These were the words ...

Xero seeks global growth, director steps down

EMMA RAPAPORT  |  WEDNESDAY, 12 JUL 2017
New Zealand-based accounting software company Xero has reaffirmed its commitment to machine learning and artificial intelligence to reduce compliance costs and arm accountants and financial advisers "with the tools required to support the world's small ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
"We continue to be pleasantly surprised by just how upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt." These are the printed words ...

Brexit endangers EU asset manager passport

KARREN VERGARA  |  MONDAY, 10 JUL 2017
Australian financial services companies relying on regional headquarters in London to access the European Union - essentially 28 countries - hangs in the balance once Brexit is finalised. Statistics from the Financial Conduct Authority show about 5500 ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
The release of the minutes of the Fed's and the ECB's June meetings have brought back financial market trepidation - sparked by last week's hawkish comments from central bank heads of the US, the Eurozone and the UK - that the end of cheap money is ...

Mystery buyer for $800m Aussie bond record

EMMA RAPAPORT  |  THURSDAY, 6 JUL 2017
A single buyer has snapped up all $800 million of Australian government bonds issued by the Australian Office of Financial Management on Wednesday. It is reported to be the largest single purchase of Treasury Bonds based on auction records dating back ...