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Showing 891 - 900 of 911 results for "Deficit"

Balance of payments deficit widens during the June quarter

The Australian Bureau of Statistics (ABS) has announced today that the balance on current account deficit has increased by 24 per cent to $12.69 billion during the June quarter, from $10.23 billion in the March quarter. The ABS also said that the deficit ...

ASIC puts super sponsors under the spotlight

... employee defined benefit superannuation or pension plan. ASIC will then assess the company's accounting policy applied to the deficit of that plan, for compliance with current accounting standards. "Corporate sponsors must report their legal obligations ...

US growth strengthening, but risks remain: IMF

... strength to supportive monetary and fiscal policies. But the IMF also sounded a warning over the path of the US's fiscal deficit, which it said made the country even less prepared to cope with the retirement of the baby-boom generation later this decade. ...

US economic growth likely, but less than Fed expectations: ICAP

... interest rates will rise and stocks are unlikely to duplicate the performance seen so far this year. The current account deficit needs to be reined in as well, the economists have said. Unstable geopolitical crises could also still throw up some nasty ...

Midday market wrap: Bonds, shares both weaker

... imminent rate cut by the RBA. The central bank next meets on 5 August. A report from the ABS showing Australia's trade deficit widened to $2.1 billion in June had little impact. The share market also lost ground, with the big four banks all opening down ...

Afternoon market wrap: Australian shares end lower

... market also partly recovered from earlier losses, following a weaker trend overnight in the US. News that Australia's trade deficit widened to $2.1 billion in May had little impact on the market. The yield on the benchmark long bond ended up six points ...

Trade deficit rises $2.07 billion in June: ABS

Australia's trade deficit for June widened by an additional $2.07 billion, the Australian Bureau of Statistics (ABS) said today. The bureau said that the export of goods and services fell $48 million to $11.37 billion during June whilst imports of goods ...

Australian trade gap widens due to stronger dollar, more imports: economists

... rise," said Hong Kong and Shanghai Banking Corporation's senior economist Anthony Thompson. Economists forecast the trade deficit to be at least $2 billion, seasonally adjusted, from a $1.94 billion deficit in May. Mr Thompson said that a 1.5 per cent ...

Growing US current account deficit burden may fall on Asian currencies: ICAP

In the latest ICAP weekly insight released today, the focus was primarily on the US current account deficit, which at its unsustainably high level would require a large share of global capital to finance it. The ICAP report also highlighted the fact ...

Midday market Wrap: Australian shares open lower

... Australian share market opened lower Monday, although losses were checked by news of a sharp narrowing in Australia's trade deficit during May. In US markets Friday, major indexes all slumped on disappointing earnings news and as investors continued ...

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Final report into Life Code makes 85 recommendations

MATTHEW WAI | 12:28PM

The final report of an independent review of the Life Insurance Code of Practice has been finalised, proposing some 85 recommendations across aspects of mental health, customers vulnerability, claims handling, and sales practices.

Treasury looks to reform regulation on consulting firms

RIDDHIMA TALWANI | 12:17PM

Treasury has released an options paper to improve the regulation of accounting, consulting and auditing firms after the blowout from KPMG's whistleblower probe that found it used confidential client data in the pursuit of more tenders.

Bell Potter launches private wealth platform

KARREN VERGARA | 12:30PM

Bell Financial Group (BFG) has launched Bell Potter Private Wealth (BPPW), a new platform that helps service its 300,000 clients with $92.1 billion in funds under advice.

Esencia seals third merger

VINNY VUCAGO | 12:12PM

Esencia Wealth has continued its national expansion strategy, merging with New South Wales-based Cove Financial Group in a deal that brings around 650 clients and four financial advisers into the business.

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