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Showing 881 - 890 of 4539 results for "Dollar"

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... thousands of small accounts owned by young people. For these members just starting out in super, if their fund has a flat dollar member fee of say $100 per year it can translate into extremely high percentage fee rates," Dunnin said. "It's time younger ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... change sentiment and the outlook for Australia - particularly through the good fortune the depreciation of the Australian dollar brings. But so far, not so good. After dropping from a high of US$0.7273 (31 January 2019) to US$0.7101 on the "neutral" ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... that makes Japanese exports dearer and Japanese imports cheaper. The yen appreciated by 2.7% against the strengthening US dollar in 2018. The Fed's pause announced early this year sent the yen from the ¥113.96 December 2018 low to a high of ¥108.29 ...

J.P. Morgan introduces digital currency for instos

JAMIE WILLIAMSON  |  FRIDAY, 15 FEB 2019
J.P. Morgan is launching its own digital currency to harness the benefits offered by blockchain. The largest bank in the US is getting ready to roll out JPM Coin, representative of a fiat currency and designed to make instantaneous payments between ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... year 2022. All well and good. Still, economies - especially open ones - don't operate in a vacuum. The New Zealand dollar jumped by 1.6% to a one-week high versus the re-strengthening US dollar following the RBNZ's announcement - the reaction ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... previously) and 7.2% in property (6.4%). The fund sold down some private equity assets but the returns and weaker Australian dollar buoyed their share in the 12-month period. Other funds' performance In addition to the flagship fund, Future Fund ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... inflation is on the reverse, thanks to the Fed's pause - the Philippine peso has appreciated by nearly 1% against the US dollar since the start of 2019 and by 4.3% to P52.08/US$1 from its 2018 low - and the downswing in crude oil prices - Brent oil ...

Aussies find $860m in lost super

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
More than $850 million of lost superannuation was found and consolidated towards the end of 2018. Releasing new data this week, the Australian Taxation Office (ATO) said more than 66,000 Australians found and consolidated some of their retirement savings ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
... point. Points, that we're now witnesses to immediately after yesterday's RBA's shift to neutral. The Aussie dollar exchange rate is down (1.6% versus the greenback) and longer term interest rates are lower: two-year notes fell by nine basis ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... recommendations of the Royal Commission final report. Why get rid of the commissions? Hayne reiterated a multi-billion dollar risk commission payout that was also cited by Rowena Orr when she kicked off the sixth round of the Royal Commission hearings ...