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Showing 771 - 780 of 9299 results for "Economics"

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
The continued spread of the Delta variant in most parts of the world - even in New Zealand despite being locked down after only one case - and reduced vaccine efficacy - as demonstrated by the rise in infections in Israel (one of the very first country ...

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The June quarter saw wages rise a measly 0.4%, lower than the growth of the previous two quarters. "The June quarter saw the rate of growth in hourly earnings ease to 0.4%, following two quarters of 0.6% wage growth. The rate of growth over the quarter ...

Accountants warn of lockdown cost

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
An Australian-first survey of accountants asking for their views on the economic impact of COVID-19 has revealed a pessimistic outlook. Nearly half of surveyed accountants are "fairly" or "extremely" worried about the state of the Australian economy ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... million rose 16% year on year. Fiducian Superannuation Service chair Drew Vaughn recently told a Standing Committee on Economics that the super offering operates as a platform for private investment funds. "We do not have any affiliation with any employer ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
The Delta variant and its seeming immunity to lockdowns and extended lockdowns continue to dominate attention in Australia. Last week, the state of New South Wales (NSW) announced stricter and broader (into regions) of restrictions; the Australian Capital ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... consolidation in the super sector, thereby creating mega funds. Speaking with Financial Standard recently, Standing Committee on Economics chair and MP Tim Wilson specifically named NFP funds AustralianSuper, Cbus and Hostplus among the funds the committee ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... the Australian sharemarket is stifling competition. This morning, the House of Representatives Standing Committee on Economics announced the launch of the Inquiry into the implications of common ownership on Australia's legal framework and consumer ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
The Delta variant outbreak continues to dominate headlines in Australia. Cases of infections in the states of Victoria and South Australia were brought under control and restrictions eased. However, the outbreak in Greater Sydney continued to worsened ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... supported by statements in the court...has caused a problem for Tandem." Liberal MP and chair of the standing committee on economics Tim Wilson led Neal into the industry-fund-owned fund manager's loss on the Tandem investment. According to Wilson, IFM's ...