Daily economic round-upBY PETER BELL | THURSDAY, 24 AUG 2006 12:28PMThe Westpac-Melbourne Institute's Leading Index rose by 1.8 points in June resulting in a year on year growth rate of 5.3 per cent, the highest monthly reading since March 2004. The index measures four components of future activity in the approvals for the construction of new homes, money supply, shares prices and US industrial production and suggests good economic growth over the next three to six months. |
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Janus Henderson acquires NBK Wealth, Tabula Investment Management
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management.
ART names advice and education leads
Australian Retirement Trust (ART) has revamped its advice, guidance and education team and created two new leadership roles.
Men, women in same occupation drive pay gap
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows.
Macquarie Group profits falls 32% to $3.52bn
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year.
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The end of free money
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
