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Showing 61 - 70 of 850 results for "Global financial crisis"

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... prove an even more severe a test for the Labor government as the Rudd government faced in the wake of the Global Financial Crisis (GFC), as this time, splashing the cash will be no antidote for what ails the economy," he added. BetaShares chief economist ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... globally and unconventional monetary policies adopted by the major advanced economies in response to the global financial crisis. "Meanwhile, the RBA eased monetary policy from late 2011 because of weaker economic conditions. However, from around 2016 ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... to local communities and to the financial system," the notice said. However, as demonstrated during the global financial crisis, there were limited and objectionable options available to the FDIC for resolving the largest failed insured depository institutions ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... in 2021 to 3.2% in 2022 and 2.7% in 2023. This is the weakest growth profile since 2001, except for the global financial crisis and the acute phase of the Covid pandemic. The IMF also said: "Global inflation is forecast to rise from 4.7% in 2021 to 8.8% ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. The Fed said it is highly attentive to inflation risks and is strongly committed to returning inflation to its 2% objective. ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... investment scheme that sought to take advantage of the significant drop in house prices in the US during the Global Financial Crisis. It was determined that the six representatives did not conduct a reasonable investigation of the clients' circumstances ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... reported an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crisis. Meanwhile, according to Rainmaker Information data, AustralianSuper's bump in investment fees on its MySuper option ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... be 10 consecutive years. The 15-year period was selected as it covers significant events, including the Global Financial Crisis, Treasury said. This proposal is a win for female advisers as they are more likely to be working part-time or to have spent ...

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... only asset class to generate a positive return in FY22 was cash - a title it hasn't held since the Global Financial Crisis. Vanguard has released its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows that ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... known for her time as senior executive leader, investment banking at ASIC in the lead up to and during the Global Financial Crisis. She was also involved in the Capability Review of the regulator in 2016. She has also previously served as global head ...