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| | | ... running out of their own money, even though the safety net of the age pension will be there for them. "This sends a strong signal that people worry about being solely reliant on the age pension. It's therefore important that super funds explore ways ... |
| | | | NULIS Nominees has added a former Vanguard Australia director and three other non-executive directors to its board, as ASIC chases it in Federal Court. NULIS, which oversees NAB's superannuation funds with $75 billion in assets under management ... |
| | | | The world economy would advance by 2.5% this year, a tad stronger than the "post-crisis low" of 2.4% estimated for 2019. This is the World Bank's prediction contained in its January 2020 'Global Economic Prospects' report, noting that: "While ... |
| | | | ... 6.1% originally forecast. "The Phase 1 trade deal, although with only marginal overall tariff rollback, is welcome as a signal of a turning point away from further escalation," the research said. "The boost to business and consumer sentiment may help ... |
| | | | National Australia Bank has been accused in no uncertain terms of greenwashing. Activist group Market Forces said NAB's new climate policy, released as part of its latest Sustainability Report, is "little more than greenwash and a recipe for climate ... |
| | | | RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ... |
| | | | ... as First Sentier's chief operating officer in June. First Sentier chief executive Mark Steinberg said the appointments signal the business is establishing stronger foundations to support growth globally. "It is really exciting to welcome such a strong ... |
| | | | Here we go again, the never-ending Sino-Yankee trade deal or no deal saga. This from Bloomberg: "Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a "phase ... |
| | | | Extra, extra, read all about it! The S&P 500 index closed at a new all-time high overnight underpinned by bullish headlines that include: positive US-China trade talks; near-certainty of another Fed rate cut at its October FOMC meeting and the latest ... |
| | | | If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ... |
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