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| | | ... that, in turn, becomes a drag on overall economic growth. But have no fear, Australia's headline deflation may just be a one-off. As ABS chief economist Bruce Hockman explains: "The June quarter fall was mainly the result of free child care (-95.0 ... |
| | | | ... while at the same time acknowledging the difficult path ahead," APRA chair Wayne Byres said. "Although the environment remains one of heightened risk, we now have a stronger sense of how Australia's economy and financial institutions are being impacted ... |
| | | | ... despite a strong June quarter. "With June 30 marking the end of the fiscal year for many public funds and university endowments, one-year median returns for those segments hovered in the low single digits," it said. |
| | | | ... its own advisers in relation to the institution's decision to slash Buyer of Last Resort valuations last year. Almost one year on from the news BOLR valuations would be cut from 4x recurring revenue to a maximum of 2.5x, Corrs Chambers Westgarth ... |
| | | | ... positively affected the return of the S&P/ASX 200 Low Volatility Index," she said. "However, the strong industry bias to REITs (one of the worst-performing industries during this period) severely dragged the index return and eroded the outperformance ... |
| | | | One of Australia's big banks has cracked down on "debt vultures" - businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging ... |
| | | | ... Templeton president and chief executive Jenny Johnson said the acquisition of Legg Mason will establish Franklin Templeton as one of the world's largest independent asset managers, with a newly combined AUM that will be over USD$164 billion in the APAC ... |
| | | | ... their families every single day, 365 days a year. Payments are made to people who have lost a partner, a parent or a loved one, or to help people support themselves and their family when they are too ill to work, after a critical illness or who are not ... |
| | | | ... respectively. Meantime, equipment investment was down 19.7% in the NT, 9.1% in South Australia, and 7.2% in Victoria. On a one-year basis, equipment investment was up only in Western Australia (up 19.2%). Meantime, Tasmania came out on top with the strongest ... |
| | | | ... residential credit and mortgage credit are surprisingly good options. Munro Partners chief investment officer Nick Griffin said one of the consequences of COVID-19 has been the acceleration in the take up of technology. "Digital enterprise is a sector ... |
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