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Showing 81 - 90 of 323 results for "ODD"

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG | MONDAY, 16 SEP 2019

Freeze frame. Financial markets the world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON | FRIDAY, 23 AUG 2019

... to an editorial by AMP group executive, advice Alex Wade in the Australian Financial Review in which he commended the 600-odd advisers that recently passed the first round of FASEA exams. However, Mookhey wrongly stated in parliament that Wade's ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG | MONDAY, 8 JUL 2019

The strong US non-farm payrolls report - employment grew by 224,000 in June, beating expectations for a 160,000 gain and a sharp rebound from the 72,000 added in the previous month - failed to remove or even reduce the odds for a Fed rate cut this month. ...

Bristol Street adviser banned

ELIZABETH MCARTHUR | FRIDAY, 28 JUN 2019

A financial adviser has been hit with an ASIC ban of five years after taking a one-size-fits-all approach to financial advice. Frazer Jon Muscat from Beenleigh in Queensland was banned after ASIC surveillance revealed that he failed to take into account ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG | FRIDAY, 28 JUN 2019

There's no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide ...

Chief economist update: US recession in the offing

BENJAMIN ONG | MONDAY, 3 JUN 2019

"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG | WEDNESDAY, 29 MAY 2019

"It is a riddle, wrapped in a mystery, inside an enigma..." Sir Winston Leonard Churchill may be describing Russia's intentions and interests when he made this now famous quote back in 1939 (before he became UK Prime Minister 1940-1945) but Churchill's ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG | FRIDAY, 17 MAY 2019

The odds that the Reserve Bank of Australia (RBA) will cut interest rates to a new record low of 1.25% from the current all-time bottom of 1.5% when its Board meets on the first Tuesday of June intensified after the Australian Bureau of Statistics' ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG | TUESDAY, 14 MAY 2019

"If your opponent is temperamental, seek to irritate him. Pretend to be weak, that he may grow arrogant. If he is taking his ease, give him no rest." - Sun Tzu, The Art of War Trump must be fuming and scratching his golden hair. Not that China retaliated ...

Chief economist update: A good problem to have?

BENJAMIN ONG | TUESDAY, 30 APR 2019

If not for the "bubble" - yes, bubble - that's blowing into the equity market, the US Federal Reserve's problem of continued strong growth and below-target inflation is a good problem to have. This is underscored by the latest stat updates that ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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