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Showing 1141 - 1150 of 3553 results for "October 19"

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
The Australian Bureau of Statistics' (ABS) reported that the economy added 13,500 jobs in January - more than market expectations for an increase of 10,000 - with the creation of 46,200 full-time positions more than offsetting the termination of ...

Ellerston LIC chair resigns

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
Ashok Jacob has resigned as the chair of the $143 million Ellerston Asian Investments, as another Ellerston LIC looks to delist after being pursued by an activist investor. Ellerston Asian Investments (EAI) will now be chaired by Bill Best, who has ...

Count Financial treads new path

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
Count Financial is preparing for a rough couple of years as it transitions to a new pricing model. That said, the amount of advice being produced by the licensee has more than doubled despite losing 26% of its advisers. In its 1H20 results announcement ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... Morrison government's tax cuts in July last year and the RBA's three 25 basis point rate cut each in June, July and October - indicating that both monetary and fiscal policies have still to get ahead of the curve. The problem for the RBA is that ...

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
In providing a technical update, SuperConcepts general manager of technical services Peter Burgess has said many of the reforms set to impact SMSFs proposed last year are still yet to eventuate. Speaking at the 2020 SMSF Association conference, Burgess ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
"Those who do not remember the past are condemned to repeat it." - George Santayana... and repeat the past, Japan did. Preliminary estimates show that the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call ...

Partnership sees improved advice services

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
Members of a $13 billion superannuation fund are benefitting from expanded financial advice capabilities via a partnership with Link Advice. LGIAsuper partnered with Link Advice in October 2019 and has now expanded its telephone service for providing ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... would need to cut interest rates by at least another 25 bps, in addition to the ones it announced in July, September and October (that took the fed funds rate from 2.25%-2.5% to 1.5%-1.75%). That was before US President Donald Trump was impeached (though ...

Fund manager hires from Paradice

ALLY SELBY  |  TUESDAY, 11 FEB 2020
An active investment management firm has appointed a new head of operations, plucked straight from Paradice Investment Management. Suzanne Bentley has snagged the role at Perennial Value Management, following an "extensive search" for the perfect candidate. ...

IFM Investors hires from Mercer

ALLY SELBY  |  FRIDAY, 7 FEB 2020
IFM Investors have hired a former Mercer principal to help lead the firm's risk and compliance operations. Amanda Oliver commenced her role as Australian director of risk and compliance at IFM Investors on 3 February 2020. The role was previously held ...