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Showing 891 - 900 of 3878 results for "February"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... April, well-below market expectations for a nearly 1 million gain (978,000 to be exact). What's more, revisions to February (+68,000) and March (-146,000) estimates combined to show that employment was 78,000 less than previously reported. Likewise ...

AMP announces AMP Bank lead

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
... AMP Bank has been named. Sean O'Malley has been permanently appointed to the role, having acted in the role since February when Rod Finch departed. Finch only held the role for just over a year. O'Malley has been with AMP since 2013 when he joined ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... How much stronger? The bank now expects GDP growth of 7.25% - the fastest rate since World War II - this year from the February 2021 estimate of 5.0%. Likewise, the BOE now forecasts the unemployment rate to peak at 5.5% later this year - as significant ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... to 4.75% this year - now in line with both the OECD and IMF's latest projections - from 3.5% it predicted in its February statement. This stronger economic growth would boost the labour market with the RBA now expecting the jobless rate "to be around ...

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... consumers," chief executive Dante De Gori said. The findings follow ASIC's win over Westpac in the High Court in February, confirming that Westpac Securities Administration and BT Funds Management did provide personal financial advice in calls made ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... Conference Board's survey showed consumer confidence surged to a reading of 121.7 in April - the highest level from February last year and the fourth straight month of improvement. Similarly, the University of Michigan's improved to a reading ...

AMP Capital shutters dud fund, Naeimi departs

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... understood that falling assets under management meant fixed costs were likely to impact investor returns. The fund suffered in February and March 2020 but its performance had since climbed back, according to Morningstar data. The most recent fund update ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... spot price of iron ore will be line ball with the all-time high of US$191.70 a tonne it set way back a decade earlier (February 2011). For sure, there were daily ups and downs and round and rounds, but iron ore's overall trend remains on the up and ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... combined business to take advantage of size and scale benefits," he said. Suncorp began scouting for potential buyers in February 2020, joining a herd of large financial institutions abandoning life insurance and superannuation. Suncorp Portfolio Services ...

IOOF licensees to take remedial action

JAMIE WILLIAMSON  |  MONDAY, 26 APR 2021
... Australian Executor Trustees lost its appeal against a 2019 Supreme Court decision in the S.E.A.S. Sapfor Forests case. In February ASIC was ordered into mediation with RI Advice and former adviser John Doyle in a case it brought against the latte two ...