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Showing 91 - 100 of 3665 results for "November"

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... considering how uncertain they were during the last meeting," Bhimavarapu said. "We still look for the first rate cut in November as headline CPI could ease to around 3% in Q3." Deloitte Access Economics partner Stephen Smith said the soft growth was ...

Former ASIC commissioner joins Insignia Trustees

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... at ASIC, having joined in 2018. Before that, she was the chief executive of Myer Family Company between July 2016 and November 2017, and chief executive of Equip Super from 2010 to 2016. She was also a director of now-defunct robo-adviser Six Park and ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... investment options will be renamed and changed to align with those currently offered by CareSuper ahead of their merger in November. Spirit Super's default balanced investment option will shift to a more defensive stance, adjusting its growth/defensive ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... updating contact details. The super fund will enter a planned limited services period later this month, which ends on November 4, as member account details are transferred to GROW. "Whilst we continue to invest in our business platform, the completion ...

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
... offences. The total net loss to victims is estimated to be about $54 million. He pleaded guilty to the following charge s in November 2022: Four offences of engaging in dishonest conduct in relation to a financial product or financial service contrary ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... having been deficiencies in the trial judge's directions to the jury. The offending occurred between August 2013 and November 2015, resulting in a total loss of $5,958,870 to 12 of Jayaweera's former clients, ASIC said. Throughout the period, Jayaweera ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... pricing in 100bps of rate cuts by year-end, potentially equivalent to a 50bps cut in September, and a 25bps cut in both November, and December. "If the jobs data comes in stronger and the Fed responds with a 25bps cut in September, it is possible that ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... an unnamed buyer, 10% cheaper than its June 30 valuation of $23.55 million. The transaction is expected to finalise in November. Responsible entity, Australian Unity Investment Real Estate (AUIREL), will then terminate AOF's debt facility and declare ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... scheme." He also noted even before the scheme became law, Cbus chair Wayne Swan committed $500 million to the HAFF in November 2022. Swan said at the time that Cbus has a long history of investing in property and believes that investing in the HAFF would ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... (April) Yuen had facilitated the transfers of client moneys that were meant to be held on trust, charging her in late November last year. Yuen pleaded guilty to two offences which contravened sections 1041G(1) of the Corporations Act and section 11.2 ...

Editor's Choice

Entireti appoints chief investment officer

JAMIE WILLIAMSON
The nation's largest financial advice group will soon welcome its first chief investment officer.

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON
Insignia Financial has opened its books to Bain Capital after it matched CC Capital Partners' revised takeover offer.

Australian Ethical 'cautious' on valuations

ELIZA BAVIN
Australian Ethical says tech and AI will be important themes driving markets in 2025 but it is watching out for "curveballs".

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN
Secret affairs, sexual harassment, and systemic abuses of power by chief executives and senior leaders have the potential to erode investment returns, according to Acadian Asset Management.

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