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Showing 1101 - 1110 of 2958 results for "August 2007"

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
The stats are out and it reveals that Australian consumer price inflation has softened... big time. There's no other option for the Reserve Bank of Australia (RBA) to cut interest rates soon and twice. The Australian Bureau of Statistics' (ABS) ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
A former NAB financial adviser has been charged with two offences following an investigation by ASIC. Max Kiattisak Eung of Tempe, New South Wales was charged with two offences of obtaining financial advantage by deception. It is alleged that between ...

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
IOOF has responded to being served with a class action proceeding filed by Quinn Emanuel Urqhart & Sullivan. On Friday the law firm announced it had filed proceedings against IOOF,based on evidence given at the Royal Commission and legal proceedings ...

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
The board of a $5 billion Australian government fund, run by several former investment bankers, has been admonished for using non-official email accounts to conduct business with political and commercial sensitivities. The Auditor General said some ...

Dealer group acquires bank advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2019
An IOOF-owned dealer group has acquired Bendigo and Adelaide Bank's financial planning business. Bridges Financial Services has entered into a strategic partnership with the bank that will see Bridges take ownership of Bendigo and Adelaide Bank's ...

Wealth heavyweights join FSC board

HARRISON WORLEY  |  THURSDAY, 4 APR 2019
Some big names in wealth management have joined the board of the Financial Services Council, including from AMP and Challenger. AMP chief executive, wealth management Alex Wade, Challenger chief financial officer Andrew Tobin and Jason Yetton - who ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
When its monetary policy committee met on 21 March and voted unanimously to keep the Bank Rate unchanged at 0.75 and maintain bond purchases at £435 billion, the Bank of England (BOE) declared its future actions would largely depend on Brexit. "The ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
When I was an economics student, I never much cared about economic history. What good does economic history offer? The agricultural revolution gave way to the revolution in industry and now... the tech revolt. Surely, things and the way of doing things ...

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
ASIC has helped put Endeavour Securities and Linchpin Capital Group into liquidation. The Federal Court also ordered the registered scheme operated by Endeavour and the unregistered scheme operated by Linchpin - both called the Investport Income Opportunity ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
The Reserve Bank of Australia (RBA) may not even need to acquiesce to mounting consensus expectations for at least one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate ...