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Showing 41 - 50 of 118 results for "InDebted"

Business conditions return to pre-GFC levels

BENJAMIN ONG | WEDNESDAY, 12 JUL 2017

"We continue to be pleasantly surprised by just how upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt." These are the printed words ...

Be careful what you wish for

BENJAMIN ONG | THURSDAY, 1 JUN 2017

The Reserve Bank of Australia (RBA) meets again Tuesday next week and no one expects it to raise or lower interest rates after the 6 June soiree. The Australian central bank is caught between the proverbial rock and a hard place. It's caught between ...

Pension fund eyes Fairfax Media

JAMIE WILLIAMSON | MONDAY, 8 MAY 2017

A Canadian pension fund has made a play at acquiring selected Fairfax Media assets, joining forces with private equity firm TPG as part of an investment consortium. Fairfax confirmed today that the board of the $175 billion Ontario Teachers' Pension ...

Treasurer opens the way for increased infrastructure spending

EMMA RAPAPORT | FRIDAY, 28 APR 2017

... Australia's $2.1 trillion household debt held in mortgages, and noted the Australian households are now the fourth most indebted in the OCED as a share of income. However he was quick to note that while the government was alive to the risks of a hard ...

Going good but there are risks

BENJAMIN ONG | MONDAY, 6 MAR 2017

The just-released "OECD Economic Surveys, Australia" provided a pretty growth picture of the domestic economy, forecasting GDP growth of 2.6% this year and 3.1% in 2018 - one that would lower the current jobless rate from 5.7% (January 2017) to 5.5% ...

Robo-advice needs monitoring: IOSCO

JAMIE WILLIAMSON | THURSDAY, 22 DEC 2016

... states: "A fully automated advice process may not be suitable for those with more complex needs, or that are heavily indebted, as many of these processes often do not take into account all of the clients financial needs or holdings. In the UK and Australia ...

Australia ranks sixth in global pension survey

KERRIE SYDEE | THURSDAY, 21 JUL 2016

The 2016 Global Retirement Index (GRI) has ranked Australia sixth in the world for the wellbeing of its retirees, naming engagement as a key factor in improving retirement outcomes. Released by Natixis Global Asset Management, the GRI compares the ability ...

Economic Wrap

ALEX DUNNIN | TUESDAY, 19 JUL 2016

... cruise ships, noted the Japan Times. Japan's government debt is already 230% of the nation's GDP, making it the most indebted nation in the world. Greece's government debt to GDP ratio is a relatively sanguine 180%.

S&P outlook downgrade extends to banks

KERRIE SYDEE | FRIDAY, 8 JUL 2016

Standard and Poor's (S&P) revised Australian sovereign rating outlook from 'stable' to 'negative' has also been extended to the Australian major banks. The outlook downgrade is the first move of any of the major ratings agencies over the past 25 years ...

So what if Australia loses its 'AAA'?

BENJAMIN ONG | FRIDAY, 8 JUL 2016

Boyoboyoboy, looks like we're in trouble now for this "Lucky Country" could soon run out of luck. No use covering our eyes, ears and noses, it's all over splattered all across the media - old and noveau - Standard & Poor's has just put Australia on ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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