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Showing 41 - 50 of 7314 results for "Trade"

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
A judge has ordered financial adviser Canna Campbell to pay $113,791.50 in legal costs after she was found guilty of trademark infringement. Justice Manousaridis in the Federal Circuit Court of Australia ordered Campbell, founder of SugarMamma TV and ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
While the appointment of Sophia Rahmani as managing director is an "encouraging step forward," Morningstar's view of the fund manager won't be changing any time soon, it says. The research house indicated that it would require more time to rebuild trust ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... construction sectors. The services sector recorded three consecutive quarters of negative growth. Subsectors wholesale and retail trade, and repair of motor vehicles and motorcycles drove the 0.6% decline in activity in the fourth quarter. Household ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... FSU played a key role in detecting wage theft and holding Commonwealth Bank to account, according to Australian Council of Trade Unions (ACTU) president Michele O'Neil. "Congratulations to the union that stood by Commonwealth Bank workers and can ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
New research reveals that indexed strategies are on track to reach $1 trillion by 2026 and will account for one-quarter of the funds management universe. Rainmaker Information's Institutional roundup report found that indexed investing in Australia ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
The former director of Reiwa-Capital is facing possible jail time and a hefty fine after he convinced people to hand over more than $400,000 for the purpose of investing before spending it all elsewhere and paying back just 1% of the total to investors. ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... resolutions to in 2024." SIX will go live in share trading in March with a beta mode, Verwey said. There will be a minimum trade size of $500 and minimum trade cost of $9.90 and Verwey said trade costs are "in the middle" for industry standards. "It ...

Betashares to launch Nasdaq ETFs

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
The Australian fund manager expects to launch two new Nasdaq ETFs on the ASX later this month, as new data shows more financial advisers than ever are using them in client portfolios. The Betashares Nasdaq Next Gen 100 ETF (JNDQ) will invest in the ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
Active online investor numbers have continued to decline, albeit at a slower rate, according to an Investment Trends report. The report, which surveyed more than 15,000 retail investors and traders in Australia, revealed a contraction to 1.22 million ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...