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Showing 2351 - 2360 of 5336 results for "Third"

Sell everything (again?)

BENJAMIN ONG  |  MONDAY, 15 AUG 2016
... releases confirmed the whispers of the bears in us - that global growth remains slow or slowing. US productivity fell for the third straight quarter, down by 0.5% in June while retail sales were flat in July; Chinese retail sales, industrial production ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
... worked or compensation. The second quarter result is much less than market expectations for a 0.5% increase and marked the third straight quarter of contraction and the first year-on-year contraction (-0.4%) since the June 2013 quarter. Unit labour costs ...

ANZ nine-month cash profit down

KERRIE SYDEE  |  TUESDAY, 9 AUG 2016
ANZ Bank's third quarter cash profit for the financial year was down 3% to $5.2 billion as bad debt continues to claw at profits. The group highlighted an increase of 5% in profit before provisions, with income increasing at a quicker rate than expenses. ...

Prime Financial increases stake in MPR

DARREN SNYDER  |  MONDAY, 8 AUG 2016
... 13.5 million Prime shares. This will make Murphy a significant shareholder in Prime with those shares being escrowed, one-third for one year, one-third for two years and one-third for three years. Prime has eight investments in accounting firms and 35 ...

ABA denies precedent for matching RBA cash rates

ALEX BURKE  |  FRIDAY, 5 AUG 2016
The Australian Bankers' Association has rejected calls from Parliament to justify its interest rate pricing based on the Reserve Bank's cash rate. Following the RBA cutting the cash rate to 1.75%, Prime Minister Malcolm Turnbull told media that "the ...

Australians overconfident when it comes to income risk

KERRIE SYDEE  |  FRIDAY, 5 AUG 2016
New research from Zurich reveals that nearly half of Australians (47%) believe they have a less than 10% chance of lost earnings due to disability or illness. The research conducted in partnership with the Smith School of Enterprise and the Environment ...

Retirees increasingly favour income over lumps sums

MARK SMITH  |  THURSDAY, 4 AUG 2016
Retirees are increasingly choosing to access their superannuation through income streams rather than withdrawing lump sums, according to new analysis released by the Australian Bureau of Statistics (ABS). Bjorn Jarvis, the program manager of the ABS' ...

Economic Wrap

ALEX DUNNIN  |  THURSDAY, 4 AUG 2016
... in Australia hold about $3 trillion in assets which includes $2.3 trillion in loans, according to figures from APRA. One third of these loans are to corporations and two thirds to households. Housing loans makes up 93% of these outstanding household ...

Multi-asset fund launches on ASX

DARREN SNYDER  |  THURSDAY, 4 AUG 2016
... trading on the ASX through the firm's alliance with BetaShares. The AMP Capital Dynamic Markets Fund (Hedge Fund) becomes the third active exchange-traded managed fund under the alliance. It is also reported as the first global multi-asset fund trading ...

Stanford Brown hires former Philo Capital CIO

ALEX BURKE  |  WEDNESDAY, 3 AUG 2016
... portfolio management firm Philo Capital, where he was also chief investment officer. He is also currently a director at Third Link Investment Managers and Pluton Holdings. Prior to Philo, he was chair of Centric Wealth's asset allocation and portfolio ...