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Showing 11791 - 11800 of 29090 results for "PRI"

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
Signaling a reorientation in Australia's credit markets, the RBA Financial Aggregates report for June shows that business borrowing has surged relative to home borrowings even as home borrowing still dominates credit markets. According to the RBA total ...

Labor cracks down on discretionary trusts

KARREN VERGARA  |  MONDAY, 31 JUL 2017
Opposition Leader Bill Shorten is cracking down on high-income earners exploiting a trust loophole that minimises tax bills. The Labor leader is pledging to impose a minimum 30% tax rate on the distributions of discretionary trusts to beneficiaries ...

Vanguard recruits former industry fund CIO

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2017
The former chief investment officer for the Meat Industry Employees Superannuation Fund is now a senior investment specialist at Vanguard. Mary McLaughlin joined the fund manager in May, charged with providing insights into Vanguard's equities investment ...

Former ME Bank chief joins Powerwrap

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2017
The founding chief executive of ME Bank has joined the Powerwrap board, with more director appointments expected in the coming months. Appointed as a non-executive director, Anthony Wamsteker brings 30 years' experience to the $6 billion platform. Wamsteker ...

Remembering Gerry Porter

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2017
The financial advice industry is mourning the loss of the man behind the Association of Financial Advisers' Genxt initiative. Former AFA board member and Queensland state director Gerry Porter, who passed away over the weekend, is being remembered as ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
Wall Street's on a tear with all of the equity market's benchmark indices - S&P 500; Dow Jones; Nasdaq; Russell 2000 - hitting record highs last week. The most proximate cause is, of course, the strong June quarter earnings results. According to Factset ...

Effective data management key to engagement: ISWG

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
The Insurance in Superannuation Working Group is seeking to enhance member insurance outcomes by improving access to timely and relevant information. In its latest discussion paper the group called on superannuation funds to develop an insurance data ...

DomaCom to ease issue of retirement funding

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2017
Fractional property investment platform DomaCom has signaled a move into reverse mortgage lending, confirming it is developing a senior equity release product to be available before 2018. In its quarterly update DomaCom outlined its plans for a senior ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
AustralianSuper chief executive Ian Silk has flagged expanding the fund's internal investment team to manage more than half of its rapidly growing asset base. Australia's largest superannuation fund has previously said it is aiming to manage between ...

Grant Thornton appoints private wealth head

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2017
Grant Thornton strengthened its private wealth advisory capabilities with the appointment of an investment manager to lead its Australian private wealth business. Former Myer Family Company client director, private wealth and family office Edward Draydon ...