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Showing 841 - 850 of 3114 results for "% Estimate"

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...

Magellan axes currency hedging in trust

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
A Magellan trust has removed its currency hedging strategy to reduce the downside risk to the portfolio when equity markets and the value of the Australian dollar are both declining. Magellan High Conviction Trust will move to an unhedged approach to ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffett History is again bearing witness to the "Sage of Omaha's" widely-known investing principle for who would have dreamed that the US equity market would rally ...

Australian Unity owes staff $4.3m

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
Australian Unity has underpaid its aged care and disability services staff $4.25 million in wages, which could potentially blow out as it further investigates how much superannuation has to be back paid. Australian Unity said it initiated the review ...

JobKeeper saved 700,000 jobs: RBA

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
One in five Australians who received the JobKeeper payment would not have stayed employed this year without it, according to a research paper from the Reserve Bank of Australia (RBA). The Morrison government announced a series of fiscal measures at ...

Business tax expanded to big corporates

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
The government has expanded its temporary tax write-off measure to include businesses with turnover over $5 billion. Businesses with aggregated turnover over $5 billion due to income from overseas that have invested $100 million intangible depreciating ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
Global dividends took an 11% hit, falling $76.7 billion in the third quarter with the weakest results coming from Australia, the UK, and the Netherlands, according to Janus Henderson. The Global Dividend Index revealed Australian dividends suffered ...

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
In a catch 22, the final report says keeping SG at 9.5% will shrink Australian's final retirement balances by 12-18%, but increase working-life income by 2%. Australians will retire with 12% to 18% thinner final balances if the government sticks ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
The NSW Court of Appeal has ruled pandemic exclusions are invalid, and insurers will have to cover COVID-19; a ruling that has seen IAG go into a trading halt. IAG entered a trading halt on the back of the news, with the ruling possibly meaning insurers ...