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Showing 3391 - 3400 of 8422 results for "Big"

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... truth. In the out years through to the MYEFO last December, real GDP had always been assumed to grow by 3.0% in 2015/16. The big revision though is the current Budget's assumption on nominal GDP growth for the 2015/16 fiscal year - terms of trade drop ...

Budget projections risk being too optimistic, economists warn

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... "budget emergency" to "boosting jobs, growth and opportunity." Oliver noted that "as a result, we are unlikely to see the big blow to confidence that last year's fairness debate and Senate debacle caused." However, he identified other risks in this year's ...

Mining exports finally give way to financial services

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... Treasurer Joe Hockey said during his 2015 Budget speech. The Treasurer predicted that services, including finance, "will be the big new drivers of wealth creation and job creation over the next decade." He noted that "for every dollar we spend buying ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
In the absence of an increase in the superannuation guarantee, industry representative groups agree Australians will need to put more money in to their super accounts after changes to the Age Pension were announced in the federal budget. Most changes ...

Age Pension under the spotlight in tonight's budget

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
The 2015 Budget is expected to focus largely on Age Pension reforms that will likely require changes in the approach that the superannuation industry, financial advisers and professional investors take to design retirement strategies. Prior to the release ...

China exposure best through Australia: BlackRock

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... right place," as part of the move to slow down growth. Thanks to this strategy, Chinese fixed income exposure "is not a very big source of risk for us in the portfolio," Thiel said. He also revealed that BlackRock's largest exposure to emerging markets ...

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
... at plus 3 in April and "Business conditions retraced some - but not all of the gains reported in March" (NAB). Australia's big four banks - ANZ, CBA, NAB (on a trading halt), WBC - and Telstra dragged the overall index down as scribbled in the Australian ...

Falling rates turn Aussie bonds into "a poor choice"

LAURA MILLAN  |  MONDAY, 11 MAY 2015
... from being very attractive to not very attractive at all," Alexander said. "The cost to hedge that currency risk is quite big and takes Australia to being a relatively poor choice." He said that returns for fixed income are not likely to be as high as ...

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
... 2,116.10, while the tech-rich Nasdaq Composite Index gained 58.00 (1.17 per cent) at 5,003.55. The April labour data marked a big improvement from March, when the US added just 85,000 jobs. At the same time the US labour market showed some signs of weakness ...

Market wrap

AAP  |  FRIDAY, 8 MAY 2015
... share market is up by almost one third of a per cent, with the banks leading the recovery after two days of heavy losses. The big miners and energy stocks are the only sectors to be slipping, following a dip in crude oil and iron ore prices. A moderate ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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