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Showing 671 - 680 of 2575 results for "Treasury"

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
Australians all let us rejoice! Less than a week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... interest rates soon unless it foresees rising inflation or imbalances in the economy. In her confirmation hearing, US Treasury Secretary nominee Janet Yellen declared that with interest rates at historic lows, the smartest thing is to "act big" on COVID-19 ...

Perpetual awards custody mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
Perpetual Investment Management has appointed a new custodian, replacing RBC Investor and Treasury Services following its exit from the Australian market. State Street Australia won the mandate and will provide custodial and fund administration services ...

Challenger welcomes board director

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... Trade. Smith was previously a deputy director-general in the Office of National Assessments and worked at the Australian Treasury and at the Reserve Bank of Australia. Challenger chair Peter Polson said he is pleased to welcome Smith to the board. "She ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... the nation. The first, and most notable in the economics world is Janet Yellen, whom Biden has nominated to lead the US Treasury. Yellen is the former US Federal Reserve governor. She was also the chair of the White House Council of Economic Advisers ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the US Treasury Department branded China a "currency manipulator" - the first time in 25 years - because the yuan's depreciation gives ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... through last year. Fiscal and monetary support provided a parachute to falling domestic economic activity so much so the Treasury upgraded its 2020-21 GDP growth forecast to an expansion of 0.75% (MYEFO) from a contraction of 1.5% foreseen in the October ...

HESTA hires from Frontier

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... trading desks as well as the global FX options desk. He has also held also senior market and credit risk roles at HBOS Treasury and Lloyds. "Strengthening our portfolio construction and risk management is key to our overall investment strategy that aims ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
... a member of the Takeovers Panel. Her term commences following the conclusion of Allan Moss's term on 1 December 2020. Treasury said Moss and Tanna made valuable and significant contributions to RBA deliberations and thanked them for their service to ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan." The Federal Treasury unleashed stimulus onto the economy: "To responsibly deal with the greatest challenge of our time and rebuild our economy ...