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Showing 1061 - 1070 of 3397 results for "ABS"

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Pinnacle Investment Management is acquiring a 40% equity stake in a Melbourne boutique founded by former Vanguard executives and is powering towards another acquisition. The multi-boutique manager is paying $4 million for a 40% equity stake in Omega ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
The big news overnight comes courtesy of the Bank of Japan (BOJ) or rather speculations (again) that it's discussing possible changes to its looser-than-loose monetary policy. There are so many combinations and permutations as to what the BOJ would ...

Former REIT exec to lead new funds management business

KARREN VERGARA  |  FRIDAY, 20 JUL 2018
A former AMP and Centuria executive will lead the wholesale funds management business at one of Australia's oldest companies. Neil Rogan joins Gowing Bros after serving as general manager of the investment bond business at Centuria Capital for three-and-a-half ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
"I see trees of green, red roses too I see them bloom for me and you And I think to myself, what a wonderful world." I apologise for mixing my song lyrics but, you're as cold as ice (Foreigners) if yesterday's report on Australia's labour ...

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
One of Australia's largest group insurers believes it should be up to individual superannuation fund trustees to determine the minimum age for providing automatic default life insurance cover. In its submission to the Senate Economics Legislation Committee ...

Independent planning firm jumps into agriculture

HARRISON WORLEY  |  WEDNESDAY, 18 JUL 2018
Growth Farms' recently launched farm leasing fund picked up a cornerstone investment from a $1 billion advisory group. Providence Wealth has made a "substantial" investment in the fledgling Australian Agricultural Lease Fund, making it the fund's cornerstone ...

Church threatens to dump $21bn of fossil fuels

KANIKA SOOD  |  MONDAY, 16 JUL 2018
One of the UK's largest charity fund managers has voted to sell $21 billion worth of investments in fossil fuels if the companies don't align to climate change goals by 2023. The Church of England's parliament voted 347 to four in favour ...

REIT trust manager steps down

KANIKA SOOD  |  FRIDAY, 13 JUL 2018
Centuria Metropolitan REIT's trust manager has stepped down after three years of managing the platform. Nicholas Blake is taking a leave of absence and will thereafter leave to pursue other opportunities. The REIT (ASX:CMA) has appointed Douglas ...

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
The Federal Government is considering an overhaul of the rules governing residency for tax purposes in Australia, recommending a person's residency be defined by the number of days they spend in the country in a 12-month period. The Board of Taxation ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... would re-ignite the fire of already high household debt levels - the latest stats from the Australian Bureau of Statistics (ABS) show that household debt to disposable income increased to 190.1% in the first quarter of 2018, a new record high from 188.7% ...