Fri, 6th Dec 2024 episode artwork

EPISODE · Dec 5, 2024

Fri, 6th Dec 2024

from Finance News Wrap · host Paige Estritori

This week's podcast of Financial Services Online covered important financial topics. The Australian dollar is under pressure due to a strong US dollar and China's firming economic grip. Meanwhile, mixed job data forecasts a possible slowdown. The AMP company is undergoing a transformation focusing on advisers and has sold its licensee arm to Entireti for $10.2 million. In New Zealand, the Reserve Bank is expected to reduce the official cash rate, although opinions differ on the extent of the reduction. Locally, the Reserve Bank of Australia is set for a potential split into governance and economic policy boards, causing mixed opinion among economists and market watchers. The implications of these updates on the global and local market will be closely watched.

Episode metadata supplied by the publisher feed · Published Dec 5, 2024

This week's podcast of Financial Services Online covered important financial topics. The Australian dollar is under pressure due to a strong US dollar and China's firming economic grip. Meanwhile, mixed job data forecasts a possible slowdown. The AMP company is undergoing a transformation focusing on advisers and has sold its licensee arm to Entireti for $10.2 million. In New Zealand, the Reserve Bank is expected to reduce the official cash rate, although opinions differ on the extent of the reduction. Locally, the Reserve Bank of Australia is set for a potential split into governance and economic policy boards, causing mixed opinion among economists and market watchers. The implications of these updates on the global and local market will be closely watched.

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This week's podcast of Financial Services Online covered important financial topics. The Australian dollar is under pressure due to a strong US dollar and China's firming economic grip. Meanwhile, mixed job data forecasts a possible slowdown. The...

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