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Showing 61 - 70 of 257 results for %22Household Capital%22

Retirement funder adds two new executives

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
Household Capital has announced it has added two new roles to its executive team including chief operating operator and chief credit officer. Luke Rattigan has been appointed to the newly created role of chief operating officer, with a primary focus ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... come to an end," he said. "We estimate the stimulus, along with early superannuation withdrawals, will actually see household cash flow improve in Q2 and Q3, before a sharp fall in Q4. "This suggests renewed downside risk to Q4 consumer spending if the ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... having had their finances severely stretched," Alankar said. "As John Maynard Keynes reflected nearly a century ago, household savings may be beneficial to the individual, but bad for aggregate economic growth. This has dire consequences on a country ...

Asset allocation in a post-pandemic world

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... macroeconomic developments." Gary Wilson, senior consultant and member of JANA's portfolio construction research team and capital markets group, said building diversified portfolios is always the ideal. "However, maintaining adequate risk diversification ...

Oil tanks

BENJAMIN ONG  |  TUESDAY, 21 APR 2020
... lower than last year." Under normal circumstances, the drop in oil prices would have been a boon. Lower oil prices raise household disposable income. But not when consumers are required to stay home so as to control the spread of the coronavirus infection. ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... supporting Australian households, businesses and economy. APRA said it expects ADIs and insurers to limit discretionary capital distributions in the months ahead, to ensure that they instead use buffers and maintain capacity to continue to lend and underwrite ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... downturn is different to that of the Global Financial Crisis, Potter said. "The banks themselves have more than twice as much capital as they had going into the GFC and less exposure to property and more exposure to mortgages, so they should get through ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... this would limit the downdraft from the virtual freezing in economic activity, but it'll be impotent in lifting household spending. Especially when consumers are "ordered" to stay indoors or they choose to lock themselves in for fear of contracting ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... provide liquidity. Australia's bank regulator, APRA, acknowledged banks may need to deploy some of their current large capital buffers to facilitate lending to Australia's economy. Separately, Australia's government said it would buy A$15 ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... asset manager and financial services provider has acquired a 20% stake in a local specialised retirement funder. Household Capital announced the completion of series B financing with Legal & General. Existing and new investors joined Legal & General ...