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Showing 271 - 280 of 809 results for "Australian Business"

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
As Glum (of Gulliver's Travels fame) puts it; "We're doomed, we'll never make it!" Speculation that the Reserve Bank of Australia (RBA) may have to take the official cash rate to zero or even negative and/or start printing Australian dollars ...

NAB fixed income sales director moves to BOC

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... Bank of China hired a former NAB and FIIG fixed income sales director for its Sydney offices as it sees its Australian business grow. Mark Todd is joining Bank of China as its head of fixed income sales. In his most recent role, Todd was a director for ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
An RBA rate cut won't happen on Melbourne Cup Day, 5 November. But it will happen - perhaps down to negative and up to the point where the Australian central bank is forced into quantitative easing and print Australian dollars. This is because latest ...

Fidelity wholesale director departs

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
Fidelity International is hunting for a new head of wholesale sales for its Australian business after the incumbent left. Andrew Mathie finished up at Fidelity in late August, after two years with the company. Mathie worked directly with Fidelity managing ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
The underlying causes of total and permanent disability claims have been revealed in new research, and mental health tops the list. Life insurers pay out more on TPD claims caused by mental health conditions than any other kind of condition, according ...

Job cuts at RBC I&TS

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... Travers left after a decade with the company. Former head of RBC I&TS Malaysia, Andy was appointed to lead the Australian business in the new role of general manager.

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...

Thousands strike from work for climate

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
Today's global climate strike has resulted in 2568 Australian businesses giving their employees the day off to protest, including Australian Ethical, Future Super and IRESS. The protests,scheduled for September 20, are happening three days out from ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...