Tag: plunge

  • South Korean stocks plunge; Economist Bill Evans passes away | Veteran Westpac economist Bill Eva…

    South Korean stocks plunge; Economist Bill Evans passes away | Veteran Westpac economist Bill Eva…

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    Veteran Westpac economist Bill Evans dies at 76 as tributes flow

    The news: Highly respected former Westpac chief economist Bill Evans –– the “man who moves markets” –– has passed away at the age of 76.

    Evans, who spent 32 years at the helm of Westpac’s economics team, died overnight on his 76th birthday at The Alfred Hospital in Melbourne after a hard-fought battle with cancer.

    Over the span of his lengthy career, he built econometric models of the Australian financial system with the Reserve Bank and run bonds at the Commonwealth Bank before eventually being appointed as the bank’s treasurer.

    Evans started at Westpac in 1991 in the midst of the recession Australia “had to have”, serving until 2024 when he stepped aside to assume the role of senior economic adviser.

    Westpac chief economist and 7NEWS contributor Bill Evans dies aged 76

    Former 7NEWS finance contributor and Westpac Chief Economist Bill Evans has died.

    His family confirmed in a statement that the 76-year-old had passed away at Melbourne’s Alfred Hospital on Tuesday night following a hard-fought battle with cancer.

    “Over a distinguished career spanning decades, Bill made an extraordinary contribution to Australia’s economic and financial landscape through his insight and integrity,” the statement read.

    “Beyond his professional achievements, Bill was a much-loved husband, father and grandfather and we are devastated by his passing.

    “He will be remembered as a force — a kind and thoughtful man who was at the centre of every conversation and lit up every room.

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  • Former blue-chip stocks plunge into ASX’s worst performers list | Why Rio Tinto and Goodman Gro…

    Former blue-chip stocks plunge into ASX’s worst performers list | Why Rio Tinto and Goodman Gro…

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    Former blue-chip stocks plunge into ASX’s worst performers list

    Just one year ago, CSL, Cochlear, WiseTech and Xero were among the 50 largest companies on the Australian sharemarket. Today, they are the worst-performing stocks on the benchmark index.

    Together, these former heavyweights have haemorrhaged a massive $60 billion in market capitalisation, with the shares collapsing around 60 per cent over the last 12 months, taking the returns of Australia’s large-cap investors with them.

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  • Celebs take the plunge for MND Big Freeze | Sam Mac interviews his uncle about his MND diagnosis …

    Celebs take the plunge for MND Big Freeze | Sam Mac interviews his uncle about his MND diagnosis …

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    Sam Mac interviews his uncle about his MND diagnosis

    This Monday I will be dressing up in an absolutely ridiculous costume and sliding into a pool of ice cold water in front of 100,000 people at the MCG.

    Firstly, it’s to raise funds for Neale Daniher’s Fight MND and secondly, it’s because my family has a personal connection to this awful disease.

    My Uncle Laurie in Geelong was diagnosed with MND back in 2019.

    Growing up, Uncle Laurie was the caravan guy. He absolutely loved a road trip.

    He loved exploring Australia and would drive Aunty Molly and my cousins over to SA to visit us at Christmas time. I always looked forward to hearing about their latest adventures.

    Triple M host and social media sensation Katie Lamb set to take the plunge at Optus Stadium for FightMND

    She may talk for a living but Triple M host and social media sensation Katie Lamb expects the cold to take her breath away when she takes the icy plunge for FightMND on Saturday.

    Lamb, alongside Eagles great Glen Jakovich and Perth Wildcats champion Jesse Wagstaff, will brave an ice-filled dunk tank at Optus Stadium for The Big Freeze, a fundraiser co-founded by the late Neale Daniher to find a cure for motor neurone disease.

    “I’m super excited to be involved and be a part of this incredible cause,” Lamb told The West Australian.

    “Obviously, it’s extra special as well with Neale having just passed recently. I’m very honoured to be involved and I think it will be so much fun at the same time.”

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