Opinion on Financial Services in Australia

Published within

« | ... | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | ... | » »|

Type Product title / description Pub Price
Expert View
Expert View

Australia: new Islamic Index is expected to appeal more to investors from overseas

Following last year's introduction of an Islamic equity fund, Thomas Reuters and Crescent Wealth have launched their first Islamic Australian index. The index offers domestic and international investors a tool to invest in the Australian market in accordance with Sharia law, although it is a product that will appeal more to overseas investors.

Published By Datamonitor
17 Feb 2012
Expert View
Expert View

Australia: no end to consolidation trend in sight

Independent financial advisors will have to reconsider their business models to survive in a market where regulatory issues dominate providers' agendas, and lack of scale is driving consolidation.

Published By Datamonitor
11 Oct 2013
CommentWire
CommentWire

Australia: outlook hampered by global economic slowdown

The International Monetary Fund has released a report estimating the risk of a global recession at one in four. This more pessimistic outlook increases concerns that the Australian economy will be adversely affected. The estimated future growth rate of the Australian economy is still positive, but increasingly uncertain.

Published By Datamonitor
11 Apr 2008
CommentWire
CommentWire

Australia: rates kept constant following signs of economic recovery

Citing signs of economic recovery, the Reserve Bank of Australia has elected to maintain interest rates at 3%. Despite falling house prices and expectations of rising unemployment in 2009, the stock market has picked up and there are some positive economic indications. However, the Reserve Bank must consider that banks may not pass on further rate cuts.

Published By Datamonitor
06 May 2009
CommentWire
CommentWire

Australia: rates on the rise

The repercussions from the recent Reserve Bank cash target rate rise are starting to be felt by Australian mortgagors, as major lenders have raised their mortgage rates in response to higher funding costs. The short-term outlook for mortgagors continues to be bleak as further rises are on the horizon.

Published By Datamonitor
14 Mar 2008
CommentWire
CommentWire

Australia: Reserve Bank keeps card regulations

Despite industry insiders speculating that Australia's Payment System Board would decide to effectively drop interchange fee regulations in exchange for enforceable undertakings from the industry leaders, the board has decided to keep these regulations in place. While this implies that progress still needs to be made, the board did opt not to force a further reduction in charges.

Published By Datamonitor
02 Sep 2009
CommentWire
CommentWire

Australia: Suncorp aims to raise capital

Australian insurance and banking company Suncorp has announced a capital raising of at least A$900 million, while also downgrading its interim after-tax profit to A$250-270 million, weighed down by spiraling expenses for bad debts. Furthermore, in a surprise move, the company's chief executive, John Mulcahy, is stepping down from his position as soon as a replacement can be found.

Published By Datamonitor
05 Feb 2009
Expert View
Expert View

Australia: super still attractive for HNW investments

Proposed changes to Australia's superannuation regulation will fall heavily on the top end of the market, with asset-rich Australians hit with a new tax on superannuation income. While the changes are a negative for the rich with large super balances, Datamonitor still feels that superannuation is an attractive option for HNW individuals compared to directly held investments.

Published By Datamonitor
10 Apr 2013
CommentWire
CommentWire

Australia: unemployment falls unexpectedly

Australian Bureau of Statistics figures released this week show an increase in new jobs and a decrease in unemployment, although job gains were unevenly distributed across the country. This complicates the situation for the Reserve Bank, which is tasked to balance the economy through adjusting the cash rate, avoiding both inflation and recession.

Published By Datamonitor
15 Sep 2008
CommentWire
CommentWire

Australia: Woolworths launches credit card

Woolworths has become the first Australian company to launch a credit card with a sophisticated loyalty program, capable of collating data regarding consumer purchases. This data will eventually be utilized in Woolworths' marketing efforts, and is seen as even more important than the financial aspect of the card.

Published By Datamonitor
28 Aug 2008

« | ... | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | ... | » »|

No help is available.