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Showing 401 - 410 of 725 results for "Disruption"

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The reserve bank has taken unprecedented action, cutting the interest rate to 0.25% outside of planned meetings, to a new historical low. The "comprehensive package" agreed by the Reserve Bank board also included targeting a yield on 3-year Australian ...

FASEA exam to go online

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... international health agencies," FASEA said. FASEA said advisers had also enquired about their CPD requirements, given the disruption posed by the virus, claiming many events that advisers were relying on for CPD points. The agency said it recognised ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
"If you don't have anything nice to say, don't say anything at all." This quote, attributed to Alice Roosevelt Longworth - daughter of former US President Teddy Roosevelt - had me struggling on whether or not to submit my daily rant for today. ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
The RBA has signaled it will begin quantitative easing after the US Federal Reserve implemented QE measures overnight and slashed its interest rate. The Fed's QE measures include a US$700 billion bond buying program, as part of its effort to offset ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
"Danger, Will Robinson!" Danger! Danger! Pick a stock market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia. Yes Virginia, the bears came out of hibernation in full force. There was no place ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... said. "However, as retail activity and home sales data are slowly returning to normal, fear of China's supply chain disruption could gradually recede. Unfortunately, this will be replaced by worries over weaker global demand."

Actuaries Institute appoints 2020 president

ALLY SELBY  |  MONDAY, 9 MAR 2020
... are under 35, with many turning their talents to help manage the world's greatest risks; climate change and digital disruption. Actuaries Institute chief executive Elayne Grace said she was looking forward to working with Bui. "We have an important role ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
Well, what do you know? Reserve Bank governor Philip Lowe had been right all along in his claim that, "the Australian economy appears to have reached a gentle turning point". The latest Australian National Accounts proved the truth in Lowe's statement. ...

Chief economist update: Coronavirus causes equity market correction

BENJAMIN ONG  |  MONDAY, 2 MAR 2020
... Friday's trading - the highest since 2011. Most global equity markets are now in correction, and rightfully so. The disruption that has been caused by the fear of contracting the virus has had a noticeable impact on daily life; depressing demand ...

Challenger recruits Generation Life co-chiefs

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... tumbled 52% while term annuity sales were down 16%, with Challenger attributing the dip to new means testing rules and disruption in advice. In all, total annuity sales were $2 billion for the half, down 9% after accounting for the 24% dip in domestic ...