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

Search Results

Showing 541 - 550 of 1401 results for "Household"

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... repayment obligations before entering into home loan contracts. Westpac's automated system used a benchmark called the Household Expenditure Measure or HEM to assess consumer expenses failed to account for actual expenses incurred, ASIC said, and therefore ...

Gender wealth gap down to 11%: Roy Morgan

KRISTI CHENG  |  THURSDAY, 8 AUG 2019
... owned, is a contributing factor to closing the gender gap, as both sexes are gaining equally from what is generally the household's biggest asset." The Roy Morgan Wealth Report is based on over half a million face-to-face interviews conducted from 2007 ...

Subscription advice brings in US $1 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... model has been significant for the firm. The service saw a 25% increase in account opens, a 40% increase in average household assets enrolled and a 37% rise in new-to-Schwab household enrolments. Client assets managed by Schwab's digital advisory solutions ...

BT Panorama boosts functionality

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... integration with Xplan, new adviser portfolio tools to enable account model construction and rebalancing and improvements to household reporting through the related groups capability. Corporate action participation via the digital consent functionality ...

Grattan Institute chief retires

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... John opened the doors in 2009, he has steered Grattan to become Australia's leading domestic policy think tank, and a household name." Under Daley's leadership Grattan has waded into a myriad of public policy debates relating to health, education, budgets ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
According to the Australian Bureau of Statistics, the average household wealth in Australia passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... to buy a dwelling" rose by 5.4% over the month of July; "house price expectations" up by 8.9%; "time to buy a major household item" increased by 3.6% - those related to broader economic activity indicated increased pessimism. "Family finances vs a year ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
The strong US non-farm payrolls report - employment grew by 224,000 in June, beating expectations for a 160,000 gain and a sharp rebound from the 72,000 added in the previous month - failed to remove or even reduce the odds for a Fed rate cut this month. ...

Australians rapidly gaining wealth: Roy Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... more balanced long term picture emerges." She explained the long-term trend is positive despite a marginal decline in household net worth over the past 12 months. "Housing debt has grown considerably since 2007, but not uniformly - Roy Morgan's data ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... half of the year relative to 2018 to a rate a little below its potential." "The underlying pattern of relatively strong household consumption growth but weak business investment has persisted" and "Core CPI inflation was 1.7% in May, and core services ...