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Showing 51 - 60 of 224 results for %22Australian PMI%22

PMIIG licence cancelled

MARK SMITH  |  FRIDAY, 5 AUG 2016
ASIC has cancelled the Australian financial services licence of Pacific Millennium International Investment Group (PMIIG), with effect on 28 July, after it breached its obligations. PMIIG was authorised under its AFSL to provide general financial advice ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
AiG performance of construction index The Australian Industry Group's (AiG) performance of construction index jumped to 53.20 in June from 46.7 in the previous month. The index's rise to a 10-momth high was driven by a rebound to expansion territory ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
... official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global economy (albeit, "at a lower than average pace") and "overall growth in Australia ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Australian dwelling approvals The Australian Bureau of Statistics (ABS) released figures showing that total dwelling units approved dropped by 5.2% in the month of May, worse than market expectations for a 3.3% fall and more than reversing April's 3.3% ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 7 JUN 2016
Australia ANZ job ads Continued improvement in the Australian labour market in the coming months. This is the indication from the ANZ's latest job advertisement tally. Total job ads increased by 2.4% - the fastest pace in eight months - 157,942 - the ...

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
It's May! Time to go away! Somehow I think the Australian equity market didn't get this memo. Like a thumb - not the sore one but the one in the OK sign - the All Ordinaries index stuck out with a 0.8% gain in the first week of May while most others ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
... to rebalance following the mining investment boom" and that, "Indications are that growth is continuing in 2016..." Australian retail sales increased by 0.4% in March following a 0.1% gain in the previous month. This is higher than market expectations ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 14 APR 2016
Australian consumer confidence "...a disappointing result" is how Westpac chief economist Bill Evans described the latest reading from its consumer sentiment survey. The Westpac-Melbourne Institute index of consumer sentiment fell by 4.0% to a 7-month ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 APR 2016
... low commodity prices and a stronger A$ are the major factors putting pressure on the country's external accounts. AiG Australian Performance of Services Index Australia's service sector dipped into contraction in March with the AiG's Performance of Services ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 APR 2016
Australian retail sales Retail spending showed no change in the month of February. This is lower than market expectations for a 0.4% lift, marking the third month in a row of disappointing retail sales - up 0.3% in January versus expectations for a ...