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Showing 411 - 420 of 1179 results for "Developments"

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... unemployment rate than below-target inflation as its forward guidance suggests, "the board will be paying close attention to developments in the labour market at its upcoming meetings". Latest data showing the unemployment rate ticked up to 5.2% in April ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... financial markets. It told us so at its May board meeting, stating: "The board will be paying close attention to developments in the labour market at its upcoming meetings." The Australian Financial Review (AFR) writes: "Market pricing for an interest ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... unemployment rate than below-target inflation as its forward guidance suggests, "the Board will be paying close attention to developments in the labour market at its upcoming meetings". We'll get the latest update on the state of the country's ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... "Although the year-on-year rate of change in the consumer price index (CPI) has continued to show relatively weak developments compared to the economic expansion and the labor market tightening, it is likely to increase gradually toward 2%, mainly due ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... curve. So much so that financial markets are betting that steady interest rates wouldn't be enough given recent developments in the Sino-US trade stoush and the financial markets' reaction to it. The CME FedWatch Tool shows the probability that ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... record low (based on Factset data going back to 1998) of 5.3% recorded in August last year. For sure, these positive developments resulted from economic stimuli delivered by the Chinese government and the People's Bank of China's (PBOC) as well ...

Couple faces prison over ponzi-style scam

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... and Investman Nominees. ASIC found Maureen Johnston was deceiving victims into investing money in bogus property developments in Australia and the US. The funds she procured for investment purposes were actually spent gambling at Crown Casino in Melbourne ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... what consumers want from the market and how the market delivers. It will also consider how new market trends and developments might affect the future development of advice. FCA executive director of strategy and competition Christopher Woolard said consumers ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... unemployment rate than below-target inflation as its forward guidance suggests, "the board will be paying close attention to developments in the labour market at its upcoming meetings". It's the labour market, stupid of me. To be sure, "the labour ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... to do so. "Inflation remains low and stable." Not anymore. The balance of probabilities indicated by these fresh developments give the RBA every reason to cut interest rates if it so decides. Then again, the Australian dollar has dropped since its April ...