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

Search Results

Showing 371 - 380 of 2582 results for "Statistics"

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
Uh-oh...we might be getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau ...

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... future wage growth, and calls out assumptions used in Grattan's research on the subject. Stanford reviewed economic statistics from the introduction of superannuation to the present, in the paper titled The relationship between superannuation contributions ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... total of 0.84% p.a. to 0.95% p.a. EISS Super's MySuper option had $1.42 billion at June end, according to APRA statistics. The 11 bps rise in default members' fees as a result of the investment profile change equates to an extra $1.56 million ...

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... seriously, and where possible we encourage the financial firm and complainant to resolve the matter among themselves. The statistics show that this happened with 70% of all claims resolved in the past 12 months." Locke said he wants to see a continued ...

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 ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... trend," Lowe said. This comes off the back of the release of positive employment figures with the Australian Bureau of Statistics reporting the unemployment rate fell to 5.2% in September. The Australian economy added around 14,700 new jobs for the month ...

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' ...

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
... period was characterised by significant innovation." She said ARK research shows growth is being understated because the statistics being used were developed during the industrial era and are less relevant in the digital era - perhaps making the yield ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... market expectations for a 0.5% pick-up. That's the headline splattered on our screens when the Australian Bureau of Statistics (ABS) released its latest report on "Private New Capital Expenditure and Expected Expenditure, Australia, June 2019". The ...

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
... of $747.6 billion. Overall, the superannuation pool grew by 6.2% year on year to $2.9 trillion, APRA's quarterly statistics show. Post the Hayne Royal Commission, the results highlight that funds have been flowing out of retail funds into public ...