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Showing 1241 - 1250 of 3232 results for "April 2016"

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
Deutsche Bank's chief executive said he will put his money where his mouth is, committing to invest his own salary in a bid to turn the institution around. Speaking to analysts and shareholders yesterday, Deutsche chief Christian Sewing said: "No-one ...

New chief executive at Evans Dixon

KANIKA SOOD  |  MONDAY, 8 JUL 2019
Evans Dixon has appointed a new chief executive after the incumbent stepped down in June to focus on an under-performing US fund. The ASX-listed wealth and advice firm this morning announced Peter Anderson, who joined the board as an independent non-executive ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
Legislation that prevents trustees from providing opt-out insurance to new members under 25 and low balance account holders was reintroduced in Parliament overnight. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, which was ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
"Such a feelin's comin' over me There is wonder in most everything I see..." - Karen Carpenter Not long now - just less than a percentage away (0.8% to be exact) - and the All Ordinaries index would top the all-time high of 6,853.57 points it ...

GROW Super unveils admin platform

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
GROW Super has ventured into distributed ledger technology with the launch of a new superannuation administration platform. TINA aims to reduce costs and improve operational efficiencies, helping super funds gain greater control of how they deliver ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
The way it's going, the rally in iron ore prices will keep on going and going. Iron ore prices ended the first half of 2019 at US$109.18/metric tonne, representing a 57.8% rally from the US$69.20 it fetched six months earlier. The world's largest ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
ASIC has initiated consultation on new powers allowing it to intervene where it feels financial products have caused or are likely to cause consumer detriment. Under new product intervention powers, ASIC will be able to take action against financial ...

Former Westpac adviser permanently banned

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUN 2019
A former Westpac financial adviser was permanently banned for providing inappropriate advice that placed a number of clients' retirements in jeopardy. Subeer Luthra was banned by ASIC following surveillance that found he dishonestly altered his clients' ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... pronounced in China's equity market. The Shanghai composite index soared to a 14-month high of 3,263.12 points in mid-April (an outstanding 34.4% rally from the start of 2019) on trade deal hopes. The resumption of US-China trade hostilities-when ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
"Don't stop me now, I'm having such a good time I'm having a ball Don't stop me now..." - Queen Despite the ongoing uncertainty over the slowdown in global economic activity, the lingering trade war and now, geopolitical concerns (prompted ...