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Showing 821 - 830 of 4539 results for "Dollar"

Group insured, advised clients better off

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
... lodging a claim that is not covered by the policy." The numbers read similar when it comes to the claims paid ratio, the dollar amount of claims paid out in the year as a percentage of the premiums receivable in that time. Advised clients were better ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... that's further underpinned by Fed rate cut speculations which, in turn, is mitigating downward pressure on the Australian dollar and its influence at restoring equilibrium in the domestic economy. Then again, the RBA would not want to give the impression ...

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
... legislation hits. Future Super is cutting fees for low balance members. From July 1, the $400 million fund will remove the set dollar administration fee it normally charges for members with balances lower than $6000. Future Super members with balances ...

Genetic tests no barrier to life insurance

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
A moratorium on genetic testing in the life insurance industry means that Australians can get up to half a million dollars of life cover without disclosing genetic tests. The Financial Services Council approved a moratorium on genetic tests in life ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... of Meeting [26 June 2019] report: "Some members noted that lower commodity prices and upward pressure on the New Zealand dollar could see imported inflation remain soft." The annual growth in New Zealand's import prices nearly halved to 3.6% in the ...

Asset manager eyes Australian market

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... is opening the Moneda Latin American Corporate Debt Fund to Australian investors. The high yield bond fund invests in US dollar-denominated corporate credit of Latin American companies and has returned 12.5% p.a. since February 2000 inception under the ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... the Trump-Xi meeting at the G20. The Yuan/US exchange rate displays the same history - it has strengthened versus the US dollar amid positive expectations over US-China trade talks. The yuan/US$ exchange rate has risen by 0.8% after it dropped to a six-month ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... surprisingly, investors are putting their money where their expectations are - benchmark US equity indices closed higher and the US dollar dipped. More directly, the CME FedWatch Tool - based on 30-day Fed Fund futures pricing data - shows the probability ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... lingering Brexit uncertainty there. Also, Australia is not on Trump's tariff sights and the cheapening of the Australian dollar is partially negating the downdraft from slower growth and slower trade. Lastly, the RBA's rate cut (plus expectations ...