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Showing 2601 - 2610 of 5919 results for "March 24"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 27 MAY 2016
Australia capex Private new capital expenditure declined by 5.2% in the March quarter, lower than the expected 3.0% fall and reversing the previous three-month period's 1.8% increase. Investment in buildings and structures dropped by 7.9% over the quarter ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 26 MAY 2016
Australia construction work done The value of construction work done in Australia fell by 2.6% in the March quarter, missing market expectations for a quarter-on-quarter decline of 1.5% but an improvement from December's 2.9% contraction and September's ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 25 MAY 2016
US Richmond Fed manufacturing index The Richmond Fed manufacturing survey, like the Empire State and Philly Fed manufacturing surveys released before it, is considered second-tier and like them, the latest update indicated slowing manufacturing activity ...

Latest APRA stats show drop in super assets

MARK SMITH  |  TUESDAY, 24 MAY 2016
Superannuation assets fell 0.6% in the year to 31 March, according to the latest stats from the Australian Prudential Regulation Authority. Total super assets dropped to $2 trillion in the 12-month period partially driven by poor investment performance. ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 24 MAY 2016
Markit Flash US Manufacturing PMI If indications from Markit's preliminary estimate of US manufacturing activity is accurate, then talks of a Fed rate hike in June and/or "two or three" lifts this year could be just that, talk. The flash US manufacturing ...

Banned SMSF adviser charged for misappropriating $1.8m

ALEX BURKE  |  FRIDAY, 20 MAY 2016
An SMSF property adviser has been charged with 31 counts of deception following an ASIC investigation. George Nowak was the director of EJ Property Developments, formerly Charterhill. According to ASIC's findings, he misappropriated $1.8 million in ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 20 MAY 2016
... previous month. While hiring continues to grow - employment growth quickened to 2.1% in the year to April from 2.0% in March - the jobs make up is less flattering with part-time employment accounting for all of the increase over the past two months ...

IOOF awards Australian large cap mandate

MARK SMITH  |  THURSDAY, 19 MAY 2016
IOOF Investments has awarded a boutique Australian equities value manager an institutional mandate. Ralton Asset Management has been chosen to manage a concentrated portfolio of large cap Australian equities. Sam Baillieu, chief executive of Ralton's ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 19 MAY 2016
Australia wage price index The wage price index (WPI) which measures the "total hourly rates of pay excluding bonuses" among Australian workers increased by lower than expected 0.4% in the first quarter of this year, representing a slowing from the ...

Life insurance balancing APRA priorities with increased profit

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
Despite the need to increase capital adequacy ratios, the life insurance industry has reported a steady increase in net profit, according to APRA's latest quarterly statistics for the sector. The main driver of profit, which increased overall by 16.9% ...