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Showing 81 - 90 of 288 results for "Luck"

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... growth in fixed asset investment decelerated to 5.7% from 5.8%. The 64 million dollar question is, would Australia's luck hold out or would it luck out? For sure, the "Lucky Country" would make it to its 28th year recession-free economic performance ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... to April from down 2.77% in the previous month (the 43rd straight month of year-on-year contraction... and counting). Good luck to businesses thinking about lifting their prices. It appears that households are saving the gains from the increase in their ...

Downgrade follows fund manager YouTube apology

ELIZABETH MCARTHUR  |  FRIDAY, 7 JUN 2019
... frustration," Woodford said. The comments under Woodford's apology were unforgiving. One comment reads: "A bad trade-off between luck, skill and hubris. So he's been selling off the most liquid stocks first and now he's left with the illiquid off-market ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
Reserve Bank of Australia governor Philip Lowe is set to be remembered in history as the man who took Australia's official cash rate from a historic low of 1.5% - set under Glen Stevens one month before he stepped down as RBA head honcho in September ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
"Chief economist update: Cash rate should be 1%"! This was my piece published on 7 March 2019, based on the 'Taylor Rule' and plugging in Australia's growth and inflation parameters at the time. It took two months and a few days before Reserve ...

AFCA seeks to strengthen leadership

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... Field. "I thank Philip for his service and dedication over the 17 years he has been an ombudsman and wish him the best of luck in his future endeavours," Locke said.

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
The A$/US$ exchange rate is, according to my Bloomberg screen, currently trading at US$0.7141, up 0.04% from the previous trading day and up 1.3% this year to date. In turn, Bloomberg's US dollar spot index has risen 0.14% overnight and is just ...

Fintech expands team for ongoing growth

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
A wealth management technology and service provider has made a raft of appointments to support significant growth seen in 2018. FinClear said it experienced headcount growth of 120% over the last 12 months and expects the trend to continue, adding four ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
What's the time Mr Wolf? It's time to go Philip! It's time for RBA governor Philip Lowe to go and cut interest rates. Perhaps impatience may have gotten the better of me for it's only been two weeks since the Australian central bank ...