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Showing 1011 - 1020 of 3397 results for "ABS"

GAM chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
Alex Friedman has stepped down as chief executive of GAM effective immediately, with the group saying its next stage of evolution would be best served by new leadership. The latest development in what has been a tough few months for the Swiss-based ...

Mental health at work still a stigma: Report

KARREN VERGARA  |  TUESDAY, 6 NOV 2018
Senior managers are most likely to experience the highest levels of stress at work and are at risk of leaving their employer in the next 12 months, according to mental health organisation SuperFriend. With one quarter of workers experiencing high levels ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
Financial markets expect the US Federal Reserve's FOMC meeting this week (7-8 November) to be a ho-hum event. In fact, the CME FedWatch Tool puts the probability of the Fed keeping the fed funds rate at 2-2.25% at 92.8% - almost a sure "no change" ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... unemployment rate has fallen to a six-year low of 5% in September (from 5.3% in August) and the Australian Bureau of Statistics' (ABS) trend measures show continued improvement in the country's labour market, the latest update on inflation disappoints. ...

Productivity Commission counters group insurance research

KARREN VERGARA  |  MONDAY, 29 OCT 2018
The Productivity Commission has taken a deeper dive into insurance inside superannuation and cast doubt into the sector's ability to help the Government alleviate social security payments. Releasing a supplementary paper to its May draft report ...

Class chief steps down

HARRISON WORLEY  |  THURSDAY, 25 OCT 2018
The chief executive of SMSF software provider Class will step down after a three month transition period. Kevin Bungard will leave Class after leading the business for about four years. In an ASX announcement on Wednesday, Class said its board had come ...

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
The BGH Capital-AustralianSuper consortium has made another bid to acquire Healthscope, five months after the company rejected its previous bid. BGH-AustralianSuper is offering to pay $2.36 per share for the private hospital owner-operator. This offer ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
... up-to-date report on the country's labour market delivers extra positive underpinnings. The Australian Bureau of Statistics (ABS) revealed that the economy added 5,600 workers in September. Although sharply lower than market expectations for a 23,000 ...

BennBridge boutique launches small caps fund

KANIKA SOOD  |  THURSDAY, 18 OCT 2018
A boutique under Bennelong Funds Management's UK business BennBridge has launched a new fund that will invest in UK small caps. Tellworth Investments LLP is starting the new fund LF Tellworth UK Smaller Companies Fund, which will hold 40-60 stocks. ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...