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Showing 71 - 80 of 382 results for "December quarter 2011"

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
A $50 million fund set up by the South Australian government has started the search for a new investment manager to replace a Blue Sky subsidiary. The SA Venture Capital Fund (SAVCF) appointed Blue Sky Venture Capital in 2017 as its manager. It is now ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
The United States will be in recession a year or so from now. There I called it! But at the same time, I'm hoping that I'm wrong. US recession fears - resulting from the negative spread between the yield on 10-year and two-year US Treasuries ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
When it met on August 1, the Bank of England (BOE) rightly anticipated slower GDP growth in the second quarter, saying: "After growing by 0.5% in 2019 Q1, GDP is expected to have been flat in Q2... reflecting both the impact of intensifying Brexit-related ...

Blue Sky dissolves chief executive role

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
Blue Sky is bidding farewell to its chief executive, after a strategic assessment determined the role "is no longer required". Joel Cann left the organisation effective Friday, less than two months after he joined the company. Cann joined from property ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Latest APRA life insurance stats show the life insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit ...

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
The ASX-listed alternatives fund manager was placed in receivership this morning, as its financier exercised its rights after Blue Sky breached a term of its $50 million loan facility. Oaktree Capital Management has appointed restructuring specialist ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
A funny thing happened along the way to the Reserve Bank of Australia's (RBA) scheduled monetary policy meeting on May 7 and ahead of the May 18 Federal Election. While the slowing momentum in Australia's economic and survey indicators, and ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
Latest research shows Australia lost close to half a trillion dollars in wealth at the end of 2018. According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... prices in some cities." Speaking of household income, the Budget predicts the wage price index - up 2.3% in the December quarter - to grow by 2.5% in FY 2018/19 (still feasible) before accelerating to 2.75% the following year and 3.25% the next. Whether ...