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Showing 611 - 620 of 3289 results for "Above"

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... reported that headline inflation rose by 0.8% over the month of April - the biggest increase since June 2009 and four times above market expectations for a 0.2% gain - taking the annual headline inflation rate to 4.2% (the fastest rate since September ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... output - has put the Australian economy in good stead. "Ahead of any major advanced economy, Australia has seen employment go above its pre-pandemic levels. At 5.6%, unemployment today is lower than when we came to government... Australia's fate ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
The price of iron ore continues to heat up. It broke above the all-time high of US$191.70 a tonne recorded more than 10 years ago (February 2011) on 6 May 2021 and is currently fetching 215.48/tonne. This represents a 31.4% increase from end-2020's ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... Street Journal "observes average unemployment recipient receiving federal enhancement (which continues to September) earns above the $15/hr federal minimum wage". Voice of America says: "The federal government is continuing to make $300-a-week extra ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
The residential real estate market in Australia is estimated to have surged above $8 trillion, new analysis from CoreLogic shows. The housing market now stands at $8.1 trillion with the increase in value following capital gains in real estate markets ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... growth outturn - and as some of the direct and indirect effects of COVID-19 on the economy fades - would send CPI inflation above the bank's 2.0% target towards the end of 2021, this would only be temporary and should return to around 2.0% in the ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
... to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by $400 and for families by $500 per year. AMP North will be ...

Schroders launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... institutional investors to add alpha and this has been the case in recent years with active managers generating strong returns above benchmarks." He added that China is now leading other countries in terms of its economic recovery following the pandemic ...

ATO seeks IT contractors

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... technology, and enterprise service management centre. It plans to issue requests for information (RFIs) for one or more of the above in June for market sounding and analysis. It will approach the market in 2021 and execute in 2023. ATO chief information ...

Evergreen partners with Generation Life

KANIKA SOOD  |  MONDAY, 3 MAY 2021
... tax-effective structure. The Evergreen Responsible Growth Model is a tax-effective investment bond that will target a return of 3.5% above the cash rate per year, after fees and costs. Evergreen said it is using its propriety index, the Evergreen Responsible ...