Chief economist update: Will Australia avoid another global recession?BY BENJAMIN ONG | FRIDAY, 16 AUG 2019 9:31AM
As I've ranted many times before, the problem in today's world isn't the cost of borrowing but the general uncertainty that's preventing businesses from investing and consumers from consuming.Read more: US, Employment, Business, EU, Japan, China, QE, Will Australia, Australians, Brexit, ECB, Fed, Germany, Iran, Italy, Lucky Country, Mexico, Morrison, National Accounts, National Australia Bank, RBNZ, South Korea, Trump, Wall Street Journal, Westpac/Melbourne Institute
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday.
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit.
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour.
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out.
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