Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2791 - 2800 of 7101 results for "June 2011"

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... growth in employment - up 2% (the fastest in 14 months). Even better, full-time jobs accounted for all of the total gains in June - up 62,000 - and May - up 53,000. Part-time positions dropped by 48,000 in June following a 15,000 reduction in the previous ...

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 ...

NAB sells down stake in $350bn asset consultant

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
NAB is selling a 55% stake in JANA to senior JANA management. JANA chief executive Jim Lamborn described the sale as an exciting next step in JANA's 30 year history, adding: "The new management ownership structure model will give us greater flexibility ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... quarter but better than expectations for a slight easing to 6.8%. Retail sales growth accelerated to 11.0% in the year to June - the fastest since December 2015 - from 10.7% in April and May. The year-on-year growth in industrial production quickened ...

Clime acquires equities boutique for $3.6m

ALEX BURKE  |  MONDAY, 17 JUL 2017
Clime Investment Management will push its gross assets under management past $700 million with the acquisition of a Sydney-based Australian equities boutique. Clime will purchase CBG Asset Management, which has $130 million in assets across three mandates ...

Advice licensees hit with $1500 levy

EMMA RAPAPORT  |  MONDAY, 17 JUL 2017
ASIC has introduced a $1500 fixed levy on authorised financial advice licensees to cover the price tag of its costs recovery framework. The graduated levy for licensees comes off the back of the ASIC Supervisory Cost Recovery Levy Bill, a law which ...

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 ...

Countplus sells off underperformers and merges firms

ALEX BURKE  |  FRIDAY, 14 JUL 2017
Countplus merged two member firms and sold three others following its strategic review which also led to the group not paying a dividend for the June 30 quarter. The firms being sold, Countplus explained, generated an aggregate operating loss of about ...

The Trump risk on global trade

BENJAMIN ONG  |  FRIDAY, 14 JUL 2017
If it's any indication, China's latest international trade accounts underline the current missive of strengthening global growth and with it, global trade. China's trade surplus improved to US$42.77 billion in the month of June from US$40.79 billion ...

BlackRock hires new executives

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
BlackRock is expanding its digital and distribution strategies with two executive appointments. Katie Petering is the new head of asset manager sales for BlackRock's exchange-traded funds business iShares. She will report to head of iShares Australia ...