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ASX launches first Australian bond and credit index futures
|ASX has launched Australia's first exchange traded bond and credit index futures, giving institutional investors a new way to manage exposure to the domestic fixed income market.
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|Following TPG Global's initial bid for Equity Trustees' holding company last week, a local investor has joined with an improved offer.
HESTA reduces fees, minimum balance for income stream
|HESTA will reduce administration fees and lower the minimum balance required to start an income stream account from September 30.
AMP North appoints head of strategic growth
|AMP North has appointed Emma Kirk as head of strategic growth, marking her return to the financial services giant after two decades.
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Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
For every winner there is a loser. Lots of oil projects slated to go ahead in nth America won't go ahead with a declining oil price. I assume the same in other parts of the world. I must admit that sometimes I look for weeds rather than flowers but just shows there is always two sides to a story.
You won't get any disagreement from me there Stu. Also, I'm grateful to you for pointing this out. I don't have the exact stats on my fingertips but methinks it's safe to assume that there are heaps more oil consumers than producers.
The merits or otherwise of oil project deferral in North America and elsewhere needs another discussion in itself.
Welcome back by the way!