Search ResultsShowing 1 - 10 of 100+ results for "Labor"
Chief economist update: A busy 2020 for Abe, BOJ
BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... providing significant support. Despite recent weakness in activity, the unemployment rate remains near multidecade lows, labor force participation continues to climb, and per capita income growth remains healthy." Get that? No, I didn't get it either. ...
AMP to cull super trustee, five funds
HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... administration, product development and related services. AMP's response came on the back of a question from Victorian Labor MP Daniel Mulino, who asked the wealth manager to demonstrate how its fundamental relationships had shifted since the Royal Commission ...
Chief economist update: Missing the burning forests for the surplus tree
BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
... control bushfires before - but it's definitely impactful in terms of scale and scope. If only the government of the day - Labor or the Coalition - had enough foresight. But as it turns out, all of Australia's treasury men - Labor's Wayne ...
Chief economist update: Has the Fed conquered the yield curve?
BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... our symmetric 2% goal," he said. Ergo, "...the current stance of monetary policy will support sustained growth, a strong labor market, and inflation near our symmetric 2% objective." In other words ... the Fed is done cutting interest rates. This optimism ...
Complexity equals risk: IOOF chief
HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... executive Renato Mota said the firm's former complex organisational structure was responsible for additional risk. Asked by Labor MP Daniel Mulino whether IOOF's super business had a more complex structure than other superannuation funds, Mota ...
Chief economist update: Fed pause could be a short one
BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... to 1.5%-1.75% -- Powell shared his optimism over the outlook for the economy - "It's for moderate growth, a strong labor market, and inflation near our 2% objective" - that justifies his forward guidance to a pause in rate cut proceedings. Given ...
Labor supports FASEA extension, confusion remains
ELIZABETH MCARTHUR  |  MONDAY, 28 OCT 2019
A financial adviser told Financial Standard he recently approached his local Labor member to ask that the party support the extension to the FASEA deadline, only to find it already does. Terry Pinnell, a financial adviser and chair of the Ethical Advisers' ...
Members' interests bill sits on the precipice
HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... October 2019, and to members with balances under $6000. The bill was the subject of significant debate in the House, with Labor MP Emma McBride taking the opportunity to hit the Coalition over the recent agitations of a number of government MPs toward ...
Dealer group to fight grandfathered commissions ban
ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... standards or community expectations inherently. "Grandfathered commissions are legitimate income supported by the advice to the Labor government given by the Solicitor General in 2011, which Bill Shorten announced at that time. In effect, he said that ...
Document leak puts NAB under the pump
HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... discipline and intensity" to its oversight of financial risks, which it noted was generally mature and strong. New South Wales Labor Senator Deborah O'Neill successfully moved to refer the auditing sector to an inquiry by the Parliamentary Joint ...
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