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Showing 501 - 510 of 2216 results for "In March"

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... Business confidence surged to a record high reading of 26 in April from the already above long-term average readings of 17 in March and 19 in February (long-term average is 6). Note that the survey was taken after reports of delays in Australia's ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... OECD's 'Economic Outlook' report upgraded Australian GDP growth to 5.1% this year (from 4.75% it forecast in March and 3.2% in December 2020. This stronger economic growth would boost the labour market with the RBA expecting the jobless rate ...

Licensee awards tech mandate

KARREN VERGARA  |  TUESDAY, 1 JUN 2021
... Finchley & Kent, launched one year ago now has about 14 advisers on board, has replaced Asendium for its fact-find solution. In March, ROAR patented Highlighter, its proprietary application that enables the conversion of Microsoft Excel tools into online ...

Westpac senior leader departs

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
... counter-terrorism provisions. The bank announced it would merge its consumer and business division s and combine leadership in March, saying at the time that only chief executive of business Guil Lima would depart after 15 months in the role. Westpac ...

Investors move to thematic funds

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... Thematic Funds Landscape Report revealed assets in thematic funds in Australia grew 160% over a year to US$2 billion in March 2021. There are currently 29 thematic funds domiciled in Australia, of which seven launched in the first quarter of this year. ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... global GDP to grow by 5.8% this year and by 4.4% in 2022. This compares with the 5.6% and 4.0%, respectively, it forecast in March and a sharp upgrade from the 4.2% (for 2021) and 3.7% (for 2022) predicted in its December 2020 report. However, it cautioned ...

Vanguard appoints fund administrator

KANIKA SOOD  |  MONDAY, 31 MAY 2021
... clients, modernise our offer, and streamline several operational processes," a spokesperson for Vanguard Australia said. In March, Vanguard appointed GROW Inc (f ormerly Grow Super ) as its a dministrator for its superannuation offering that it expects ...

Pengana Capital distribution executive exits

KARREN VERGARA  |  MONDAY, 31 MAY 2021
... executive leading the international fund's distribution efforts, exiting not long after two portfolio managers left in March. Joy Yacoub was the executive director of business strategy and distribution, a spokesperson confirmed to Financial Standard ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... headline inflation rose to 1.5% in April (from 0.7% in the previous month); core inflation quickened to 1.3% from 1.1% in March. The IHS Markit/CIPS PMI survey found that: "May data pointed to the fastest increase in average cost burdens across the UK ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... improve despite the withdrawal of the government's JobKeeper scheme. The country's unemployment rate fell from 5.7% in March to 5.5% in April - just 0.2 percentage points (or 33,000 people) above the start of the pandemic and 2.0 percentage points ...