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Showing 1171 - 1180 of 5506 results for "September 2003"

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
There's an unlikely user of the government's current amnesty for employers who underpaid SG - a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
A former financial adviser based on the Sunshine Coast has been charged with 10 counts of fraud, totaling nearly $1 million. Brett Andrew Gordon faced Maroochydore Magistrates Court over the fraud charges following an extensive ASIC investigation. Gordon ...

New chief investment officer at Australian Unity

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
The firm has hired a former Colonial First State Global Asset Management executive as its first standalone chief investment officer for its wealth and capital markets business. Dr Joe Fernandes will move into the role on September 7. He will have the ...

Equity Trustees rejigs two leadership roles

KANIKA SOOD  |  WEDNESDAY, 26 AUG 2020
Harvey Kalman is moving into a new role at Equity Trustees after starting its corporate trustee services business over 20 years ago. Kalman will now be the global head of business development, fund services and managing director for UK and Europe. Russell ...

Australian Unity investments GM to depart

KARREN VERGARA  |  TUESDAY, 25 AUG 2020
The executive general manager of investments at Australian Unity Wealth is departing in mid-September as the business looks to restructure the role and the responsibilities of the chief executive. Geraldine Barlow joined Australian Unity in May 2016 ...

Tasplan changes asset allocation

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
Tasplan is changing its asset allocation for its Tasplan OnTrack - Maintain stage to increase the percentage invested in growth assets. For those invested, their asset allocation will automatically change to 60% growth and 40% defensive allocation from ...

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
HUB24 revealed it signed 105 new licensee agreements during the last financial year, as it reports an underlying NPAT of $10.1 million, up 49% on FY19. It also reported that its revenue had lifted 37% compared to the previous financial year, to hit ...

Macquarie introduces new wrap cash fee

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
Macquarie Wrap cash account holders have been hit with a cash administration fee, to be deducted from the interest accrued, which is higher than the interest rate. The changes impact users of Macquarie Wrap, which has a cash account through which all ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Westpac has sold its vendor finance business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment ...