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Showing 731 - 740 of 2179 results for "In March"

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
... statistical agencies) the virus has done to economies around the world. The jump in the US unemployment rate to 4.4% in March from 3.5% in February provides a preview. So has the sharp fall in PMI indices across the planet. The problem is that easing ...

Charterhill founder incarcerated

ALLY SELBY  |  MONDAY, 6 APR 2020
... Financial Wellness (receivers and managers appointed). ASIC previously banned Nowak from providing financial services in March 2015 after the collapse of Charterhill Group. Prior to the ban, ASIC froze the assets and imposed travel restraints on both ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... sentiment - household, business and investor. Consumer confidence dropped by five points - the largest on record - to -11.6 in March from -6.6 in the previous month. The IHS/Markit Eurozone composite index dove to an all-time low of 29.7 in March from ...

YBR national advice lead moves to Interprac

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... of its acquisition of the YBR advice business. Walker moved into the role of practice development manager at Interprac in March. Interprac managing director Garry Crole said that as part of the due diligence process in acquiring the YBR advice business ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... rate falling to 61.3% as of March 22. The Westpac-Melbourne Institute Index of House Price Expectations fell to 6.6% in March, the largest monthly decline since February 2019, Peleg said. Peleg believes housing prices will continue to fall as population ...

Fixed income liquidity squeeze bites

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... companies and trusts (LICs and LITs) have long traded at discounts to their net tangible assets. Fixed income markets in March had far more sellers than buyers, and bid/ask spreads widened significantly, even for heavily traded and safe securities. Australian ...

Shortseller ordered to pay $900,000 by court

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... year saying Bonitas's claims were false and won in the judgement handed down in February. Damages were to be declared in March. The court, this week, set the costs payable by Bonitas and Wiechert at $530,201 and damages at $368,974, declaring they had ...

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
... time with clients. It recognises the community importance of your role in this crisis, and I hope it helps," Lloyd said. In March, MLC released new research that showed advised clients consider their adviser to be their number one source of information ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... S&P/NZX 50 portfolio completed their worst monthly and quarterly declines this century, sliding 21% and 17% respectively in March, according to the S&P Dow Jones Indices quarterly report. "While there have been relatively few confirmed cases of COVID-19 ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... indication that economic activity there has returned to expansion. The official manufacturing PMI surged to a reading of 52.0 in March from a record low reading of 35.7 in the previous month due to improvements in all of the index's sub-components. The ...