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Showing 311 - 320 of 718 results for "Glen"

RBA appoints next governor

ALEX BURKE  |  FRIDAY, 6 MAY 2016
The RBA has appointed its next governor. Philip Lowe, who will take up his new role in September, has been deputy governor at the central bank since February 2012. He is also deputy chair of the RBA board and chair of the RBA's risk management committee. ...

Trust in financial advice falling

KERRIE SYDEE  |  THURSDAY, 28 APR 2016
RaboDirect's Financial Health Barometer has revealed that Australians are becoming less trusting of financial advice, with only 29% of respondents stating they trusted financial advice in 2015, down from 40% in 2014. The survey found that a greater ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2016
RBA meeting minutes The A$ broke above US$0.78, trading as high as US$0.7826 overnight and is currently fetching US$0.7805 - a 13.7% appreciation from this year's US$0.6864. The minutes of the RBA's 5 April Board meeting - the local unit was trading ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 APR 2016
Australia private sector credit The A$ has weakened slightly after climbing to a nine-month high of US$0.7723 overnight. But at the latest exchange of US$0.7667, it remains 5.0% higher than its level at the start of 2016 and 11.7% up from this year's ...

With pretty numbers like these, who needs a rate cut?

BENJAMIN ONG  |  FRIDAY, 4 MAR 2016
At the time of this writing, the A$ is fetching around US$0.7350 - after appreciating from US$0.7175 to US$0.7295 after the National Statistician released the Australian economy's scorecard that showed much higher growth than expected in the last quarter ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

ZIRP to bring back "animal spirits"?

BENJAMIN ONG  |  FRIDAY, 26 FEB 2016
Actual total private new capital expenditures may have surprised on the upside, rising by 0.8% in the three months ended December 2015 when they were expected to drop by 3.0% but... they're still not a pretty set of numbers. Uglier still, according ...

Dimensional expands with new Melbourne office

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
Global asset management firm Dimensional has opened a new office in Melbourne in a bid to grow its investment management business and increase its client services capabilities. The new office is on Collins Street, the heartland of Australian industry ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
Strength in (A$) weakness I wouldn't be surprised if Reserve Bank of Australia (RBA) Governor had that all too familiar (former Federal Treasurer) Peter Costello's smirk on his face as he presided over the bank's first Board meeting this year. I might ...

RBA Gov on Fed lift-off

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2015
So here we are folks, just one more sleep and we're there! The much-speculated, much-debated, much-awaited lift-off is upon us. We're 100% sure it's happening but with only a day to go, most are still uncertain of its ramifications - immediate and longer ...