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Showing 41 - 50 of 55 results for "US Budget"

Do nothing budget

BENJAMIN ONG | WEDNESDAY, 12 MAY 2010

"Those looking for a big spending pre-election budget won't find one." This is what Australian Federal Treasurer Wayne Swan told Parliament on Budget night. And he wasn't kidding. Sure there were a few government giveaways... a few takes, but compared ...

The retaking of Dow 11000

BENJAMIN ONG | WEDNESDAY, 14 APR 2010

... company profit forecasts, etcetera, etcetera. Market sentiment has changed. Last night, no one gave a crap about the US budget deficit and its ballooning government debt or that Greece's problems are not yet over or China is still manipulating its currency ...

More of the same

BENJAMIN ONG | THURSDAY, 11 MAR 2010

... I saw was the same old, same old sprinkling of negative news interspersed with the positive. There was news that the US budget deficit rose to a record US$221 bil in February - a 13.9 per cent increase from the same month last year. The latest numbers ...

Pleasant and nasty

BENJAMIN ONG | MONDAY, 19 OCT 2009

... diminishing. (Although this is also caused by worries over the massive US dollar supply and concern over the growing US budget deficit - but that's beside the point). Whereas demand for risky ones - equities, commodities, corporate credit and commodity-based ...

The shrinking big dollar

BENJAMIN ONG | MONDAY, 12 OCT 2009

... And this shows risk is reduced? Bite me. The US dollar's depreciation is increasing risk, not reducing it. With the US budget deficit forecast to 13.5 per cent of GDP this year - second only to Britain's 14.4 per cent and higher than Iceland and Ireland's ...

Almost Per-fecta

BENJAMIN ONG | WEDNESDAY, 26 AUG 2009

... 10.1 percent." Now for the negative one-pecta. The US Office of Management and Budget (OMB) raised its forecast for the US budget deficit. The OMB now expects the budget shortfall to climb to US$1.5 trillion 2010, from an initial estimate of US$1.3 trillion. ...

Threat of Lehmannisation

BENJAMIN ONG | MONDAY, 15 JUN 2009

... biggest holder of US bonds, Japan the second and Russia third. Like any investor they have a right to be concerned. The US budget deficit is forecast to reach 13 per cent of its national output by the end of this year (the UK no different). Japan - the ...

It's all about China

BENJAMIN ONG | WEDNESDAY, 3 JUN 2009

... you'll always be there at the end of my prayer.' Like any rational investor, China has every right to be concerned. The US budget deficit is expected to reach close to 13 per cent of its national output this year. It could increase further as the Fed ...

Super concession cuts were overdue

ALEX DUNNIN | MONDAY, 18 MAY 2009

Cuts to superannuation tax concessions are signs of things to come as the government gets on with a program it says will restore fairness to the system. "It is appropriate that those who are better off should help those not so well off," said Shane ...

Danger, Will Robinson!

BENJAMIN ONG | THURSDAY, 23 APR 2009

... next year. US President Barack Obama's future is also definite. Earlier this year, he announced this plans to cut the US budget deficit in half by the end of his first term - mainly by raising taxes for Americans earning US$250,000 a year. Now what's ...

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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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