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Showing 691 - 700 of 6128 results for "Day 8"

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Just about everyone is a winner in this year's federal budget, with treasurer Josh Frydenberg extending tax cuts, significant measures to enhance women's economic security and a $15 billion infrastructure spend. Delivering the 2021/22 federal ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

Super fund advice not useful: Research

JAMIE WILLIAMSON  |  THURSDAY, 6 MAY 2021
While 50% of Australians expect superannuation funds to advise them on retirement, only 16% of those who have sought advice from their fund believe it was useful. That's a key finding of UK fintech Smart's The future of global retirement report, looking ...

State Street to track Bitcoin

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
The global investment giant State Street has launched a new Bitcoin Thematic Indicator to track the impact of Bitcoin on more traditional financial markets. The new State Street MediaStats Bitcoin Thematic Indicator series will quantify media coverage ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
As expected, the Bank of Japan's (BOJ) monetary policy board decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
There is another side to the exponential growth exchange traded products have enjoyed; not every manager will be able to get in on the action, and legacy unit trusts will likely lose out. Rainmaker head of investment research John Dyall, speaking at ...

Russell adds to senior leadership

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
Russell Investments has named a longstanding Goldman Sachs managing director as its global chief investment officer and appointed a president from Morgan Stanley to oversee sales and support. Kate El-Hillow spent over 16 years at Goldman Sachs Asset ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... significant power to legislative instruments. As the government has only released partial draft regulations for this bill on the day [28 April] before this report is due to be finalised [29 April], it is impossible for the committee to fully assess the ...

Hamilton Wealth Partners co-founder leaves

KANIKA SOOD  |  FRIDAY, 30 APR 2021
Melbourne advice firm Hamilton Wealth Partners' co-founder and chief operating officer has left the business after eight years. Ian Gillies was also a partner and a financial adviser. He leaves as he heads into semi-retirement at the age of 64. His ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
"It's not time to make a change Just relax, take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations ...