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Showing 1111 - 1120 of 3400 results for "ABS"

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
The Royal Commission found Westpac downplayed the gravity of former financial adviser Andrew Smith's misconduct not only to the regulator but with another licensee he was joining. Smith commenced as a financial adviser with Westpac subsidiary St George ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
The latest Australian employment growth stat misses market expectations. The Australian Bureau of Statistics' (ABS) update shows that while the unemployment rate remained at 5.5% in March - in line with expectations and unchanged from the January and ...

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
The next fortnight will see the Royal Commission grill some of Australia's biggest providers of financial advice, albeit with some noticeable absences. During the Commission's second round of hearings the big four banks and AMP will appear, as will ...

IFM partners to slash carbon emissions in $12bn fund

ALEX BURKE  |  THURSDAY, 12 APR 2018
IFM Investors, the $100 billion super fund investment consortium, is partnering to cut carbon emissions for Australia's largest infrastructure fund. Partnering with the Clean Energy Finance Corporation (CEFC), IFM will work to reduce emissions for the ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
... must be sporting a smile on his lips for just a day after the Board met on the April 3, the Australian Bureau of Statistics (ABS) released its latest report on retail spending and...it was good. The Australian central bank kept the official cash rate ...

Venerable Aussie asset manager to rebrand

ALEX BURKE  |  TUESDAY, 27 MAR 2018
One of Australia's largest investment managers, with $91 billion in funds under management, is proposing to rename itself to reflect changes in ownership. BT Investment Management is proposing to rebrand as Pendal Group and change its ASX ticker code ...

Kapstream creates new fund

DARREN SNYDER  |  MONDAY, 26 MAR 2018
Kapstream Capital will soon launch its new investment strategy, including a second fund to sit alongside the fixed income manager's flagship Absolute Return Income Fund. Kapstream director of investment strategy James Bloom told Financial Standard the ...

Kim Ivey launches new boutique

ALEX BURKE  |  MONDAY, 26 MAR 2018
The founder of one of Australia's first hedge funds, Kim Ivey, is launching a new boutique and building out its investment team. LSL Partners will develop alternative investment products focusing on the Asian region. Its first product, the Fury Fund ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
Trade war and an escalation of it was what every other financial market report pointed to as ground zero for the renewed equity market slump. Most equity markets from New York to Rio and old London town have now turned red this year to date, one would ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
Looking at the Australian Bureau of Statistics' (ABS) latest update on the country's labour market, one couldn't help but exclaim that it was a wonderful set of (seasonally adjusted) numbers. The economy added another 17,500 jobs in February following ...