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Showing 10981 - 10990 of 21783 results for "Dec"

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
Federal Opposition Leader Bill Shorten used his budget reply speech last night to label the government's superannuation changes as "retrospective" and reaffirm Labor's election policy on the $2 trillion industry. On Tuesday the government announced ...

RBA appoints next governor

ALEX BURKE  |  FRIDAY, 6 MAY 2016
The RBA has appointed its next governor. Philip Lowe, who will take up his new role in September, has been deputy governor at the central bank since February 2012. He is also deputy chair of the RBA board and chair of the RBA's risk management committee. ...

netwealth to grow IFA base, eyes app-savvy investors

MICHELLE BALTAZAR  |  FRIDAY, 6 MAY 2016
Just over a decade ago, netwealth was a platform start-up with $500 million in funds under administration. This year, the group surpassed the $8 billion mark and aim to win more IFAs through its tech-focused business model. At an annual client update ...

Further monetary stimulus risks woeful asset returns

MARK SMITH  |  FRIDAY, 6 MAY 2016
Central banks are running out of road. If governments ask them to continue down the path of previously unthinkable monetary policy without implementing fiscal policies of their own, there are likely to be severe unintended consequences for the global ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
Australia retail sales ABS data released yesterday gave meat to the RBA's statement after its 3 May Board meeting that, "In Australia, the available information suggests that the economy is continuing to rebalance following the mining investment boom" ...

Agriculture ripe for institutional picking

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
In June next year the gross value of Australia's annual farm production is expected to pass $60 billion for the first time, a reflection of improved prospects in livestock and cropping industries. But a lack of consultant coverage means the opportunity ...

BTIM reveals strong results

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
BT Investment Management (BTIM) has released its 1HY16 results, revealing a 33% increase to cash net profit after tax (NPAT) to $88.6 million driven by a combination of higher performance fees, the expansion of operating and fee margins, higher average ...

Super fund disclosure gets extension

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
Superannuation funds have been given an extra year to bring themselves up to speed with proposed portfolio holdings disclosure and choice product dashboard requirements. The Australian Securities and Investments Commission (ASIC) said the new start ...

Panel to review financial services complaints system

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
The federal government has announced its independent panel to review the financial services' external dispute resolution and complaints framework. The review will focus on the role, powers, governance, accountability and effectiveness of bodies active ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
Going some way to form the federal government's superannuation budget agenda last night was Treasury's release of the Retirement Income Streams Review. Based on the review's seven recommendations the government has decided to remove tax barriers to ...