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Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
Trump's actions against Syria show that he walks the talk, putting Chinese president Xi on notice that the US may yet make good on its threat to slap a 45% tariff on Chinese imports. America's missile assault on Syria, in retaliation for the chemical ...

Philanthropy Australia names recipients of annual industry awards

MICHELLE BALTAZAR  |  FRIDAY, 7 APR 2017
... with you all," Darling said in his thank you speech at the event. The association also recognised the grant-makers and the not-for-profit groups across five other categories, each acknowledging both the funder and the not-for-profit project. Winners ...

Singapore fintech shutters Australian business

ALEX BURKE  |  FRIDAY, 7 APR 2017
A Singapore-based fund manager and crowdfunding platform will cease its Australian operations less than a year after listing on the ASX. CoAssets, which was admitted to the ASX last August, specialises in crowdfunding investment services for small-to-medium ...

Hunter Hall LIC chair ousted

ALEX BURKE  |  FRIDAY, 7 APR 2017
The chair of Hunter Hall Global Value (HHV) has been removed from the board following a tense extraordinary general meeting yesterday. In February, Wilson Asset Management chair Geoff Wilson lodged a requisition of shareholdings meeting to remove HHV's ...

CBA executive recognised for mentee commitment

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
... managing director Judith Beck said. "Given that 41% of these young women have attempted suicide or regularly self-harm, there is not a doubt in my mind that this year's recipient has saved her mentee's life and has given her the tools to build a better ...

Employers urged to fund workers' financial advice

KARREN VERGARA  |  FRIDAY, 7 APR 2017
... employer-funded financial planners, says the 2016 Australia Employee Benefit Trends Study. More than half (55%) of workers said not having enough money to live comfortably in retirement is a top financial concern. Employees, particularly for those on ...

Philanthropy report offers valuable insights for NFPs: Perpetual

EMMA RAPAPORT  |  FRIDAY, 7 APR 2017
... five philanthropists surveyed saying they had impact investments in their respective fund portfolio. Speaking at an event for not-for-profit and philanthropy clients and partners, Perpetual managing director and chief executive Geoff Lloyd said the Giving ...

The challenging nature of ethics

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
... Leadership Conference that the challenge of developing the Banking and Finance Oath and campaigning for tobacco-free investment is not unlike her time as a swimmer. As founder of the Banking and Finance Oath, Payne explained how her efforts to secure ...

Not as good as the headline

BENJAMIN ONG  |  FRIDAY, 7 APR 2017
It's not as good as it looks. The second biggest Australian trade surplus on record, that is. Us, Australians all, should be rejoicing at the Australian Bureau of Statistics' (ABS) report that the country's international trade surplus widened by 138% ...

Banking scrutiny to escalate: ABA

KARREN VERGARA  |  THURSDAY, 6 APR 2017
... seeing the largest transfer of power from institutions to consumers in human history," Bligh added, warning consumers will not be giving this power back. Bligh also highlighted the pace of the reforms are slow and wants this accelerated. Among her priorities ...