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Showing 2721 - 2730 of 6251 results for "December 29"

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Australian dwelling approvals The Australian Bureau of Statistics (ABS) released figures showing that total dwelling units approved dropped by 5.2% in the month of May, worse than market expectations for a 3.3% fall and more than reversing April's 3.3% ...

Australian elections just gave uncertainty a top up

BENJAMIN ONG  |  MONDAY, 4 JUL 2016
... victory, and his People's Party's seats in Parliament increased to 137 seats from 123 (after the elections held last December - yes, only six months before), it wasn't enough to recover the absolute majority it lost in the December 2015 polls and therefore ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
Australia private sector credit The latest update on Australia's private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
US GDP The Bureau of Economic Analysis' (BEA) third estimate of the US economy showed that real GDP grew at an annualised rate of 1.1% in the first quarter of this year. This is higher than market expectations for a 1.0% growth and an upgrade from the ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
Australia leading index "Leading Index improves but still points to below trend momentum". This is the header of Westpac's media release on the latest update of the Westpac-Melbourne Institute Leading Index of Economic Activity. The index tracks future ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2016
Australia residential property prices The weighted average of residential property prices in Australia's eight capital cities declined by 0.2% in the March quarter negating the 0.2% increase recorded in the previous quarter. The result is lower than ...

AAT reduces adviser ban

KERRIE SYDEE  |  MONDAY, 20 JUN 2016
The Administrative Appeals Tribunal (AAT) has varied a decision by ASIC to ban a financial adviser for three years. Upon reviewing ASIC's decision, the AAT decided to reduce Atish Prasad's ban from three years to 18 months. Prasad was initially banned ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 17 JUN 2016
Australia employment The Australian Bureau of Statistics' (ABS) "Labour Force, Australia" report showed that an estimated 17,900 jobs were created in May. This was more than consensus expectations for a 15,000 gain but part-time employment - rising ...

Challenger, AMP come out on top in difficult managed funds year

ALEX BURKE  |  THURSDAY, 16 JUN 2016
AMP and Challenger were the only wholesale fund managers to report any significant growth in the March 2016 quarter, according to Plan for Life research. On a quarterly basis, the wholesale funds sector fell 3% during the March quarter. Annually, the ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
Australia housing finance The latest dwelling finance commitment report gave almost immediate evidence to the RBA governor Glenn Stevens' 7 June statement that, "Indications are that the effects of supervisory measures have strengthened lending standards ...