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Showing 51 - 60 of 281 results for "Irene"

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG | TUESDAY, 24 SEP 2019

... forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3% (down from 3.4%) in 2020. You, I and Irene could only surmise that the OECD's downgrade to its global growth projections already accounted for earlier central ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG | MONDAY, 9 SEP 2019

It's not me, it's you! Yes Virginia, you, I and Irene are very well aware of US president Donald J. Trump's Twitter attacks on the Fed. The last, most significant one was right after US Federal chair Jerome Powell's speech at Jackson ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG | WEDNESDAY, 4 SEP 2019

... kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's September statement and that of the previous month ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG | THURSDAY, 22 AUG 2019

... time, signalling a virtual admission that the US economy is, indeed, heading towards cactus avenue. Then again, you, I and Irene don't need any more signalling from the Fed. The inverted US yield curve says so, no matter how it's justified. The ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG | MONDAY, 17 JUN 2019

... two but three more rate reductions - two this year to 0.75% and one by June next year to 0.5%. Yes Virginia, you, I and Irene would dump the A$ too given these expectations. But just as we've proven the markets and "expert economists" mistaken on ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG | FRIDAY, 14 JUN 2019

... employment index rose to its average level in the month [of May]," it "remains notably weaker than 3 months ago". You, I and Irene could also forget about asking for a top up on our current salaries. The lead and the positive correlation between wages ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG | FRIDAY, 24 MAY 2019

... and the world is being made whole again. The resumption of US-China trade hostilities earlier this month took you, I and Irene back to the future of soggy financial markets and downward pressure on economic growth (and inflation). As at 12:01am on May ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG | THURSDAY, 23 MAY 2019

... CUT would reignite the bubble in the property market and lift household debt to new record highs. Then again, you, I and Irene, will have to wait for how these new developments pan out, plug it into the Taylor Rule formula and gaze at its prescient r ...

Chief economist update: Policy of patience

BENJAMIN ONG | THURSDAY, 2 MAY 2019

... concluded its April 30 - May 1 FOMC meeting and decided it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG | TUESDAY, 22 JAN 2019

... based on the latest available information at hand when it gazed into its crystal ball last year. To be fair, you, I and Irene and "economic experts" were seeing the same thing last year - 12 full months of wines and roses. That time, it was "Tax cut ...

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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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